3520 Danforth Ave 314

FOR SALE
$499,999
3520 Danforth Ave 314, Scarborough
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
3520 Danforth Ave 314
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
E12014815
MLSID
Contact Us
Property Description
Welcome to this modern and stylish 1+den condo at The Terraces On The Danforth, an ideal haven for first-time buyers, small families, downsizers, and investors. This charming condo offers a versatile den space, perfect for a home office or an additional sleeping area. Inside, you'll find a well-equipped kitchen featuring stainless steel appliances and elegant granite countertops, seamlessly connecting to a cozy living room. The living area extends onto a south-facing balcony. With the convenience of ensuite laundry with ample storage, it adds to the ease of urban living. Residents can take advantage of amenities, including a party room for hosting gatherings, a well-equipped fitness centre for staying active, and a delightful outdoor patio area equipped with a BBQ and lounge space, perfect for relaxing and socializing. Situated in a vibrant neighborhood, this condo offers the perfect blend of comfort, convenience, and modern living. Don't miss the opportunity to make it your own!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-04 2024-07-12 8 $2,200 $2,200 Leased
2024-07-04 2024-07-15 11 $2,200 - Terminated
2024-06-10 2024-07-15 35 $489,999 - Terminated
2024-03-19 2024-06-10 83 $489,999 - Terminated
2024-02-02 2024-03-19 46 $499,999 - Terminated
2023-11-21 2023-12-20 29 $534,999 - Terminated
2023-11-12 2023-11-21 9 $499,999 - Terminated
2020-02-22 2020-02-25 3 $418,800 $458,000 Sold
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,794 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
DenFlat7.09' x 6.82'Laminate, Large Closet
KitchenFlat10.01' x 6.50'Stainless Steel Appl, Laminate, Stone Counter
Prim BdrmFlat13.68' x 9.68'Broadloom, Large Closet, Window Flr to Ceil
LivingFlat10.01' x 10.17'Laminate, Combined W/Kitchen, W/O To Balcony
Scarborough Market Statistics
Scarborough Price Trend
3520 Danforth Ave 314 is a 1-bedroom 1-bathroom condo listed for sale at $499,999, which is $57,111 (10.3%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Scarborough over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc.
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