480 Mclevin Ave 104
Malvern, Scarborough, M1B 5N9
FOR SALE
$399,000
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Property Description
Presenting one of the best buildings in this gated community. With low condo fees and entry-level pricing, homeownership is affordable and cheaper than renting. Enjoy main-level living with a walkout patio that gives you a backyard feel with direct access to common grounds! Within proximity to Public Transit, HWY 401, 404, 407, University of Toronto, Centennial College, Scarborough Town Centre, Toronto Pan Am Sports Centre and many great attractions and area influences - this is one you don't want to miss. Exceptional amenities onsite within the recreation center include a large party hall with a kitchen, bathrooms, coat check, and much more. Additionally, there's a beautiful pool, jetted soaker, sauna, gym, squash court, men's and womens shower/change rooms, outdoor tennis court, underground parking, and a storage locker all included in the standard condo fees, along with heat and water. Your only other bills are condo owner insurance and hydro, both relatively inexpensive. This building is the quietest and most desirable in the community. With its cozy and elegant atmosphere, a second-party hall with kitchen facilities below grade, a well-maintained lobby, elevator, and common areas, this unit checks all the boxes. Seize the opportunity to make this your home NOW!
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Extras
BBQ allowed only electric, Pets allowed only 20 Lbs and smaller. Status certificate will be provided upon request.
Nearby Intersections
Victoria Park & Danforth (136)
Kingston & Main (33)
Property Features
Arts Centre, Library, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$916 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned (A (B1))
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.98' x 12.76' | Open Concept, Combined W/Dining |
| Dining | Flat | 6.99' x 10.50' | Open Concept, Combined W/Living |
| Br | Flat | 15.52' x 10.30' | |
| Laundry | Flat | 4.04' x 4.40' | |
| Bathroom | Flat | 4.69' x 7.61' | 4 Pc Bath |
| Kitchen | Flat | 9.35' x 7.12' | Double Sink |
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Scarborough Market Statistics
Scarborough Price Trend
480 Mclevin Ave 104 is a 1-bedroom 1-bathroom condo listed for sale at $399,000, which is $175,082 (30.5%) lower than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.Inventory Change
There were 1,421 1-bedroom condos listed in Scarborough over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) 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 (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% 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 32 days when successfully sold over the last 30 days (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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