8 Rosebank Dr 16H
Malvern, Scarborough, M1B 5Z3
FOR SALE
$539,000
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Property Description
Nestled across from the iconic Markham Station, this spacious and modern 2-bedroom condo offers a perfect blend of comfort and convenience. The open-concept design creates a seamless flow between the living, dining, and kitchen areas, enhancing the sense of space and allowing for flexible living arrangements. Large windows flood the unit with natural light, accentuating the bright and airy atmosphere throughout the day. Located on a high floor, this condo boasts great views! Included with the condo is one convenient parking spot and a locker, providing ample storage for your belongings. The building's prime location offers easy access to major highways and public transit options, including TTC and future LRT services. It's a short commute to nearby universities, colleges, and schools, making it an excellent choice for students and professionals alike.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-14 | 2024-11-04 | 82 | $550,000 | - | Terminated |
| 2024-07-31 | 2024-08-12 | 12 | $499,999 | - | Terminated |
| 2019-06-10 | 2019-06-13 | 3 | $399,000 | $399,000 | Sold |
Extras
Included is one convenient parking spot and a locker, providing ample storage for your belongings.For those who enjoy dining out or shopping, the area is rich with a variety of restaurants and shops, catering to all tastes and preferences.
Nearby Intersections
McCowan & 401 (134)
Markham & Sheppard (112)
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,760 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (C)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.89' x 11.22' | Tile Floor, Backsplash |
| Dining | Main | 11.19' x 19.46' | Laminate, Combined W/Living, W/O To Balcony |
| Living | Main | 11.12' x 19.46' | Laminate, Combined W/Dining |
| Prim Bdrm | Main | 10.24' x 11.91' | Laminate, Closet, Window |
| 2nd Br | Main | 11.19' x 19.49' | Laminate, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
8 Rosebank Dr 16H is a 2-bedroom 1-bathroom condo listed for sale at $539,000, which is $227,074 (29.6%) lower than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Scarborough over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) 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 2-bedroom condos in Scarborough over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Scarborough stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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