255 Village Green Sq 507

FOR SALE
$478,000
255 Village Green Sq 507, Scarborough
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
255 Village Green Sq 507
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
E11968266
MLSID
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Property Description
Spacious Open Concept 1 Bedroom Unit w/ Parking Spot. Conveniently Kennedy Rd & Hwy 401. Modern Kitchen With S/S Appliances, Granite Countertop, And Generous Cabinetry. Washer & Dryer in Unit. Laminate Flooring Throughout, No Carpet. Close to Shops, Restaurants, Kennedy Commons, Scarborough Town Centre, Centennial College. Quick Access To Highway 401, GO Station & TTC. Wonderful Amenities in Building. Perfect for First Time Home Buyers! Vacant Possession Can Be Provided.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-12 2024-11-16 65 $514,990 - Terminated
2024-02-22 2024-02-27 5 $2,199 $2,250 Leased
2022-11-11 2022-11-23 12 $2,199 $2,250 Leased
2021-11-22 2021-11-29 7 $448,900 $512,000 Sold
2021-10-21 2021-11-16 26 $519,900 - Terminated
Nearby Intersections
Property Features
Clear View, Park, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,652 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (2)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 12.47'Laminate, Open Concept, Juliette Balcony
DiningFlat10.01' x 12.47'Laminate, Open Concept, Combined W/Kitchen
BrFlat11.32' x 8.99'B/I Closet
BathroomFlat8.99' x 4.59'3 Pc Bath, Ceramic Floor
Scarborough Market Statistics
Scarborough Price Trend
255 Village Green Sq 507 is a 1-bedroom 1-bathroom condo listed for sale at $478,000, which is $81,231 (14.5%) lower than the average sold price of $559,231 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $3,008 (0.5%) compared to the previous 30 day period (December 20 - January 18) and down $36,630 (6.1%) from the same time one year ago.
Inventory Change
There were 1,362 1-bedroom condos listed in Scarborough over the last 30 days (January 19 - February 17), which is up 47.6% compared with the previous 30 day period (December 20 - January 18) and up 27.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($14,787) (2.6%) below asking price over the last 30 days (January 19 - February 17), which represents a $1,429 decrease compared to the previous 30 day period (December 20 - January 18) and ($10,396) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Scarborough over the last 30 days (January 19 - February 17) stood at 25.6%, down from 34.0% over the previous 30 days (December 20 - January 18) and down from 52.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Scarborough stood at 34 days when successfully sold over the last 30 days (January 19 - February 17), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Metropolis Realty
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