50 Old Kingston Rd 5-511

FOR SALE
$299,900
50 Old Kingston Rd 5-511, Scarborough
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
50 Old Kingston Rd 5-511
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E12014702
MLSID
Contact Us
Property Description
Nestled within the picturesque UTSC valley, this charming 55+ adult community condo offers approximately 800 sqft of serene living. The unit features two generously sized bedrooms, a thoughtful floor plan for comfort and convenience, and a spacious balcony with views of the wooded ravine. This community offers several amenities including landscaped grounds and gardens, an indoor pool, a party and meeting room, saunas, a library, and ample visitor parking. Located just steps from walking trails, parks, public transit options, shopping, and restaurants. Ideally positioned next to the U of T Scarborough campus, this community offers easy access to academic resources, cultural events, and recreational facilities. The UTSC valley is a hidden gem for nature lovers, gardeners, and those craving an active lifestyle.
Nearby Intersections
Property Features
Hospital, Park, Place Of Worship, Public Transit, Ravine, Wooded/Treed
Property Details
Community
Property Type
Co-Op Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,043 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
None
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
FoyerMain3.31' x 5.02'Closet, Tile Floor, Ne View
LivingMain14.04' x 15.49'Walk-Out, Parquet Floor, Combined W/Dining
DiningMain14.04' x 15.49'Ceiling Fan, Parquet Floor, Combined W/Living
KitchenMain5.74' x 9.38'Tile Floor, Double Sink
Prim BdrmMain9.35' x 14.04'Parquet Floor, Window, Closet
2nd BrMain8.27' x 10.83'Parquet Floor, Window
Scarborough Market Statistics
Scarborough Price Trend
50 Old Kingston Rd 5-511 is a 2-bedroom 1-bathroom condo listed for sale at $299,900, which is $456,701 (60.4%) 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 1-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 Union Realty Brokerage Inc.
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FOR SALE
Move in Ready! This Spacious 1-Bedroom Co-Op Condo in a Prime Location! Welcome to this beautifully renovated, move-in-ready 1-bedroom, 1-bathroom condo offering modern comfort and convenience. Featuring an open-concept living, dining, and kitchen area, this unit is designed for seamless living and entertaining. The kitchen boasts sleek quartz countertops and brand-new stainless steel appliances. Enjoy plenty of storage with extra closets and the convenience of 1 included parking spot. The east-facing unit is bathed in natural light, thanks to above-grade windows, creating a warm and inviting atmosphere. Ideally located next to FarmBoy, Dollarama, Sherway Gardens, Major Highways (427 & Gardiner), parks, and the lake, this condo offers the perfect balance of urban convenience and outdoor accessibility. Combined low maintenance fees and property taxes make it an excellent choice for first-time buyers or downsizers looking for affordability without compromise. Don't miss out on this fantastic opportunity- schedule your viewing today!
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