5001 Finch Ave E 710

FOR SALE
$499,900
5001 Finch Ave E 710, Scarborough
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
5001 Finch Ave E 710
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
E9051306
MLSID
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Property Description
Highly sought-after Monarch Condo in a prime location! This freshly painted unit features a spacious solarium and large windows, bringing in abundant sunlight and offering unobstructed views. The functional layout includes a huge master bedroom with a walk-in closet, upgraded kitchen appliances, and ample storage in the laundry closet. Space is well-utilized throughout. A large 8'x 5' locker and one parking spot are included. Enjoy numerous amenities, such as indoor pools, a gym, party rooms, guest suites, and 24-hour concierge service. Exceptionally convenient location, directly across from Woodside Square Shopping Mall, within walking distance to TTC, groceries, library, and schools, and just 6 minutes to Highway 401 and Scarborough Town Centre.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-06-23 2019-07-09 16 $392,000 $386,000 Sold
Extras
All Light Fixtures, Window Coverings, S/S Fridge (2021), S/S Stove (2024), Washers (2021) Dryer, S/S Dish Wisher (Brand New), Range Hood
Nearby Intersections
Property Features
Clear View, Library, Park, Public Transit, School, Wooded/Treed
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,688 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LaundryGround10.17' x 19.42'Laminate, Combined W/Dining
DiningGround10.17' x 19.42'Laminate, Combined W/Living
KitchenGround7.74' x 8.01'Ceramic Floor
Prim BdrmGround10.04' x 12.53'Laminate, W/I Closet, Large Window
SolariumGround7.22' x 10.30'Laminate, Bay Window
BathroomGround6.50' x 6.59'4 Pc Bath
Scarborough Market Statistics
Scarborough Price Trend
5001 Finch Ave E 710 is a 1-bedroom 1-bathroom condo listed for sale at $499,900, which is $71,641 (12.5%) lower than the average sold price of $571,541 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $9,695 (1.7%) compared to the previous 30 day period (July 9 - August 7) and down $39,653 (6.5%) from the same time one year ago.
Inventory Change
There were 1,218 1-bedroom condos listed in Scarborough over the last 30 days (August 8 - September 6), which is down 21.6% compared with the previous 30 day period (July 9 - August 7) and down 2.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($9,252) (1.6%) below asking price over the last 30 days (August 8 - September 6), which represents a $3,270 increase compared to the previous 30 day period (July 9 - August 7) and ($7,469) 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 (August 8 - September 6) stood at 43.0%, up from 32.8% over the previous 30 days (July 9 - August 7) and down from 48.6% 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 33 days when successfully sold over the last 30 days (August 8 - September 6), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Hc Realty Group Inc.
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