5225 Finch Ave E 109

FOR SALE
$489,000
5225 Finch Ave E 109, Scarborough
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
5225 Finch Ave E 109
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E8348026
MLSID
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Property Description
Excellent Location, Spacious & Bright 1 Bedrooms + Den (Can Be Used As A 2nd Bedroom), Well Maintained Bldg W/Low Maint Fee, Close To Shopping Plaza, Asian Mall, Banks & Restaurant And All Amenities
Extras
Existing: Fridge, Stove, Built-In Dishwasher, Washer & Dryer, All Electrical Light Fixtures. All Window Coverings,
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,353 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (#222)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingGround16.01' x 11.35'Combined W/Dining, Laminate
DiningGround16.01' x 11.35'Combined W/Living, Laminate
Prim BdrmGround8.99' x 11.68'Window, Laminate
DenGround8.01' x 7.51'Laminate
KitchenGround7.55' x 10.83'Open Concept
Scarborough Market Statistics
Scarborough Price Trend
5225 Finch Ave E 109 is a 1-bedroom 1-bathroom condo listed for sale at $489,000, which is $114,181 (18.9%) lower than the average sold price of $603,181 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $9,759 (1.6%) compared to the previous 30 day period (May 1 - May 30) and down $37,543 (5.9%) from the same time one year ago.
Inventory Change
There were 1,659 1-bedroom condos listed in Scarborough over the last 30 days (May 31 - June 29), which is down 10.0% compared with the previous 30 day period (May 1 - May 30) and up 9.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($10,910) (1.8%) below asking price over the last 30 days (May 31 - June 29), which represents a $3,101 decrease compared to the previous 30 day period (May 1 - May 30) and ($278) 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 (May 31 - June 29) stood at 32.1%, down from 33.0% over the previous 30 days (May 1 - May 30) and down from 71.2% 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 25 days when successfully sold over the last 30 days (May 31 - June 29), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real One Realty Inc.
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