5 Falaise Rd A
West Hill, Scarborough, M1E 0C5
FOR SALE
$699,000
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Property Description
Welcome to one of the most sought-after condominium townhomes just 3 years old in the thriving West Hill area, COMES WITH 2 UNDERGROUNDPARKING . This contemporary residence boasts impressive 9ft ceilings, bathing every room in natural light through floor-to-ceiling windows. With 3 bedrooms and 3 full bathrooms, this home is designed for modern comfort, Newly renovated spent over 25k in reno, new flooring, new ,quartz counter in kitchen and washrooms , pot lights throughout , glass showers , oak stairs , light fixtures, freshly painted , no carpet .You'll appreciate the convenience of 2 parking spots, providing ample space for your belongings. This property presents an excellent investment opportunity, whether you choose to live in it or capitalize on the rental market. Strategically located, it's just minutes away from the University of Toronto (Scarborough Campus), Centennial College (Morningside Campus), Toronto Pan Am Sports Centre, Rouge Park, and easy access to Highway 401. Enjoy the ease of daily living with grocery stores, restaurants, coffee shops, Guildwood Go Station, schools, pharmacies, medical buildings, banks, and places of worship all within walking distance.
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1400-1599
Taxes
$3,800 (2024)
Basement
None
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.49' x 8.99' | Combined W/Dining, Laminate, W/O To Balcony |
| Dining | Main | 15.49' x 8.99' | Combined W/Living, Laminate, Open Concept |
| Kitchen | Main | 8.99' x 7.91' | Family Size Kitchen, Laminate, Open Concept |
| Prim Bdrm | 2nd | 18.67' x 10.17' | Large Window, His/Hers Closets, Ensuite Bath |
| 2nd Br | 2nd | 16.67' x 9.15' | |
| 3rd Br | Main | 7.58' x 10.60' |
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Scarborough Market Statistics
Scarborough Price Trend
5 Falaise Rd A is a 3-bedroom 3-bathroom townhome listed for sale at $699,000, which is $261,170 (27.2%) lower than the average sold price of $960,170 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom townhome in Scarborough declined by $16,755 (1.7%) compared to the previous 30 day period (November 19 - December 18) and up $23,618 (2.5%) from the same time one year ago.Inventory Change
There were 128 3-bedroom townhomes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 22.4% compared with the previous 30 day period (November 19 - December 18) and up 42.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Scarborough typically sold ($10,465) (1.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $2,626 decrease compared to the previous 30 day period (November 19 - December 18) and ($25,973) 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 3-bedroom townhomes in Scarborough over the last 30 days (December 19 - January 17) stood at 67.2%, down from 72.1% over the previous 30 days (November 19 - December 18) and up from 65.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Scarborough stood at 48 days when successfully sold over the last 30 days (December 19 - January 17), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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