2627 McCowan Rd 613

FOR SALE
$580,000
2627 McCowan Rd 613, Scarborough
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
E11952932
MLSID
Contact Us
Property Description
Spacious 1+1 bedroom condo in a high-demand Monarch-built building with a stunning east view overlooking the garden. Features 2 full bathrooms, a large den, and well-maintained appliances. Enjoy access to exceptional amenities, including a gym, indoor pool, party room, tennis court, and more. Conveniently located near parks, schools, restaurants, shopping, and highways. A perfect blend of comfort and convenience!
Extras
Stove, Fridge, Dishwasher, Washer & Dryer, B/I Microwave, one (1) parking and one (1) locker.
Nearby Intersections
Property Details
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
700-799
Taxes
$1,950 (2024)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
Scarborough Market Statistics
Scarborough Price Trend
2627 McCowan Rd 613 is a 1-bedroom 2-bathroom condo listed for sale at $580,000, which is $16,310 (2.9%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.
Inventory Change
There were 894 1-bedroom condos listed in Scarborough over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) more 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 (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Scarborough stood at 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Living Realty Inc.
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