5 Massey Sq 1916
Crescent Town, Scarborough, M4C 5L6
FOR SALE
$459,000
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Property Description
Bright And Spacious Two Bedroom, One Washroom Condo In High Demand East York. Stainless Steel Appliances, Ample Storage Within Unit, Desirable West Facing View Of Downtown Toronto From Large Open Balcony. Walk To The Danforth, Steps To Ttc, Shopping, Schools, Parks & Worship. On-Site Day Care & Medical Centre In Complex.
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Nearby Intersections
Victoria Park & Danforth (136)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,123 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
None
Parking 1
Rental
Garage Type
Underground
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Scarborough Market Statistics
Scarborough Price Trend
5 Massey Sq 1916 is a 2-bedroom 1-bathroom condo listed for sale at $459,000, which is $310,663 (40.4%) lower than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.Inventory Change
There were 1,340 2-bedroom condos listed in Scarborough over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) 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 (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Scarborough stood at 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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