50 TOWN CENTRE Crt 2705

FOR SALE
$386,888
50 TOWN CENTRE Crt 2705, Scarborough
50 TOWN CENTRE Crt 2705
50 TOWN CENTRE Crt 2705
50 TOWN CENTRE Crt 2705
50 TOWN CENTRE Crt 2705
50 TOWN CENTRE Crt 2705
50 TOWN CENTRE Crt 2705
50 TOWN CENTRE Crt 2705
50 TOWN CENTRE Crt 2705
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E9507126
MLSID
Contact Us
Property Description
TTC, GO, STC, U OF T, YOU NAME IT YOU WILL FIND IT HERE! UNDENIABLY SCARBOROUGH'S PREMIER LOCATION. FIRST TIME HOME BUYERS: LOOK NO FURTHER! UNBEATABLE STUDIO LAYOUT & UNBELIEVABLE WALK SCORE. INVESTORS: THIS IS CASH FLOW POSITIVE WITH 20% DOWN, DO YOUR MATH! EFFICIENT AND VERY LIVABLE LAYOUT. WITH LAMINATE FLOORS THROUGHOUT, THIS HIGH FLOOR STUDIO FEATURES FLOOR-TO-CEILING WINDOWS, MODERN KITCHEN W/ GRANITE COUNTERS & STAINLESS STEEL APPLIANCES. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND HIGHLY RENTABLE. EXCELLENT AMENITY PACKAGE OFFERED, BUILT BY AWARD WINNING 'MONARCH DEVELOPMENTS'. WALMART, RESTAURANTS, BANKING, CINEPLEX, SHOPPING, CAFES, TRANSIT - THE LIST IS ENDLESS - ALL AT YOUR DOORSTEP.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-04-04 2023-05-02 29 $1,850 $1,950 Leased
2021-01-18 2021-02-11 24 $1,325 $1,315 Leased
2020-02-11 2020-03-01 19 $1,600 $1,600 Leased
2020-01-06 2020-01-08 2 $358,000 $369,000 Sold
2019-01-10 2019-01-16 6 $1,650 $1,650 Leased
Extras
INCLUDES ALL EXISTING STAINLESS STEEL APPLIANCES, WASHER/DRYER COMBO, ALL ELECTRIC LIGHT FIXTURES AND WINDOW COVERINGS.
Property Features
Hospital, Library, Park, Public Transit, River/Stream, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,194 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.30' x 16.01'Open Concept, Window Flr to Ceil
DiningMain12.30' x 16.01'Open Concept, Window Flr to Ceil
KitchenMain12.30' x 16.01'Open Concept, Stainless Steel Appl
BathroomMain13.12' x 7.64'4 Pc Bath
Scarborough Market Statistics
Scarborough Price Trend
50 TOWN CENTRE Crt 2705 is a 0-bedroom 1-bathroom condo listed for sale at $386,888, which is $20,652 (5.1%) lower than the average sold price of $407,540 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 0 bedroom condo in Scarborough declined by $4,278 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $46,645 (10.3%) from the same time one year ago.
Inventory Change
There were 66 0-bedroom condos listed in Scarborough over the last 30 days (October 1 - October 30), which is down 18.5% compared with the previous 30 day period (September 1 - September 30) and down 15.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Scarborough typically sold ($10,192) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $10,592 decrease compared to the previous 30 day period (September 1 - September 30) and ($4,540) 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 0-bedroom condos in Scarborough over the last 30 days (October 1 - October 30) stood at 37.9%, up from 27.2% over the previous 30 days (September 1 - September 30) and up from 34.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Scarborough stood at 47 days when successfully sold over the last 30 days (October 1 - October 30), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Specialists Inc.
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