5225 Finch Ave E 221

FOR SALE
$435,000
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
E9366031
MLSID
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Property Description
One Bedroom Condo In Demand Location! Open Concept Layout! There is 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 area is included, and the facilities include a party room, meeting room, visitor parking, and a security system, 650 sqft with a balcony.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-23 2024-09-24 124 $480,000 - Terminated
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.
600-699
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 $435,000, which is $134,236 (23.6%) lower than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.
Inventory Change
There were 1,261 1-bedroom condos listed in Scarborough over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Reon Homes Realty Inc.
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