5225 Finch Ave E 221

FOR SALE
$480,000
5225 Finch Ave E 221, Scarborough
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
5225 Finch Ave E 221
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
E8368162
MLSID
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Property Description
One Bedroom Condo In Demand Location! Open Concept Layout! No Need To Wait For the Elevator, With an Entrance And Exit At the Side And Main Entrance Of The Building, 24 Hrs T.T.C, 401, School, Parks, Temple, Church, Woodside Mall & Medical Centres, and Steps To Gta Square. One Parking Included, Facilities With Party Room, Meeting Room, Visitor Parking And Security System.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-13 2024-05-23 10 $499,000 - Terminated
2022-11-01 2022-11-19 18 $499,000 - Terminated
2022-11-08 2022-11-10 3 $1,900 $1,900 Leased
2021-02-12 2021-03-14 31 $1,400 $1,350 Leased
Extras
Stove, Fridge, Washer, Dryer & B/I Dishwasher and All Elfs
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,286 (2023)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (211)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingGround11.58' x 11.98'Laminate, Combined W/Dining, W/O To Balcony
DiningGround11.58' x 11.98'Laminate, Combined W/Living
KitchenGround11.25' x 22.15'Ceramic Floor, Double Sink, B/I Dishwasher
BrGround8.99' x 12.07'Laminate, Closet
Scarborough Market Statistics
Scarborough Price Trend
5225 Finch Ave E 221 is a 1-bedroom 1-bathroom condo listed for sale at $480,000, which is $123,181 (20.4%) 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 Reon Homes Realty Inc.
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