40 Bay Mills Blvd 701
Tam O'Shanter-Sullivan, Scarborough, M1T 3P5
FOR SALE
$435,000
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Property Description
Enjoy unobstructed west-facing views in this bright and spacious one-bedroom apartment, featuring a functional open-concept layout. Step out onto a large private balcony, perfect for relaxing or entertaining. Conveniently located with TTC at your doorstep and just one bus ride away from Warden and Don Mills subway stations. Situated in a highly sought-after area, with easy access to major highways (401, DVP, 404, 407), shopping malls, restaurants, and more. The building offers incredibly low maintenance fees that include all utilities and cable TV, along with exceptionally low property taxes. Ample visitor parking is available, and an ensuite locker room and it can be converted to ensuite laundry room. The floor plan is both practical and spacious, making the most of every inch. This well-maintained, quiet, and well-managed building is truly a hidden gem.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,109 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 15.45' x 17.75' | Laminate, O/Looks Dining, W/O To Balcony |
| Dining | Flat | 7.58' x 8.53' | Laminate, O/Looks Living |
| Kitchen | Flat | 8.53' x 8.89' | Ceramic Floor, B/I Dishwasher, Walk-Thru |
| Prim Bdrm | Flat | 10.50' x 13.78' | Broadloom, Large Closet |
| Foyer | Flat | 4.59' x 5.61' | Ceramic Floor |
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Scarborough Market Statistics
Scarborough Price Trend
40 Bay Mills Blvd 701 is a 1-bedroom 1-bathroom condo listed for sale at $435,000, which is $122,110 (21.9%) 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 Century 21 Percy Fulton Ltd.
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