3050 ELLESMERE Rd 1601
Morningside, Scarborough, M1E 5E6
FOR SALE
$468,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE11927316
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Property Description
Living Large! Dazzling Distance Lake View** . 1B/R + Den(Use-As 2nd Bedrm With Large Mirrored Moveable Closet) . Bright Unit In Sought After Area In Scarborough. Unobstructed Southeast View From Bedroom And Den As Well. 24 Hours Security, Visitor Parking, Indoor Pool, Sauna, 2 Parking Spot. this condo offers everything you need for comfortable and convenient living. Convenience is key, with Minutes drive to Scarborough Network Hospital , connectivity to highway 401, and 10 min drive Go Station and Direct bus to Go and TTC subway station
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-04-14 | 2021-04-28 | 14 | $399,500 | $425,000 | Sold |
| 2021-04-05 | 2021-04-12 | 7 | $419,500 | - | Terminated |
| 2020-10-15 | 2020-11-03 | 19 | $399,888 | $425,000 | Sold |
Nearby Intersections
Property Features
School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,223 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Parking 2
Owned
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
3050 ELLESMERE Rd 1601 is a 1-bedroom 2-bathroom condo listed for sale at $468,000, which is $98,564 (17.4%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Scarborough over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Metropolis Realty
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