400 Mclevin Ave 1110
Malvern, Scarborough, M1B 5J4
FOR SALE
$525,000

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BEDROOMS2
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Property Description
Welcome to Mayfair on the Green, a premier gated community offering this beautiful fully functional living space. This spacious 2-bedroom, 2-bathroom condo has been tastefully renovated. stunning flooring, and a stylish kitchen with unique wooden cabinets. Natural light pours in through expansive windows, creating a bright and inviting atmosphere. The primary bedroom boasts a luxurious 5-piece ensuite large closets. Enjoy the convenience of ensuite laundry, 2 underground parking spaces, and a storage locker. Residents have access to 24-hour security, a gym, pool, sauna, and more. Ideally located near Malvern Town Centre, TTC, schools, and Hwy 401, this home offers both comfort and convenience.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,230 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Garage Type
Underground
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Scarborough Market Statistics
Scarborough Price Trend
400 Mclevin Ave 1110 is a 2-bedroom 2-bathroom condo listed for sale at $525,000, which is $231,601 (30.6%) lower than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Scarborough over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Scarborough over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Metropolis Realty
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