8 Rosebank Dr 7H
Malvern, Scarborough, M1B 5Z3
FOR SALE
$528,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSE10409770
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Property Description
Amazing value & location * Every Possible amenity nearby * Walk to TTC * 2 mins to 401 * Banks, stores, schools, parks, over a dozen colleges nearby * Well maintained building, with concierge/security and ample visitor parking * Well-lit, Move-in-ready Unit * Great/practical floorplan boasts plenty of living space * Two spacious bedrooms with large closets * For this price, it's a must-see.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-16 | 2024-11-06 | 21 | $539,000 | - | Terminated |
| 2024-09-26 | 2024-10-16 | 20 | $549,000 | - | Terminated |
| 2024-08-07 | 2024-09-26 | 50 | $555,000 | - | Terminated |
| 2024-07-02 | 2024-08-07 | 36 | $559,000 | - | Terminated |
| 2019-08-30 | 2019-09-17 | 18 | $2,250 | - | Terminated |
| 2019-06-12 | 2019-07-07 | 25 | $399,000 | $399,500 | Sold |
Extras
Low Condo fees include almost everything, including storage locker and well-located parking spot. Building has a 24 Hr. Security/Concierge, Huge (3 rooms!) Gym, Games/Media Room, Guest Suite, Meeting Room, and Party Room.
Nearby Intersections
McCowan & 401 (134)
Markham & Sheppard (112)
Property Features
Library, Place Of Worship, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,639 (2024)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level B Unit 52)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.92' x 10.43' | Ceramic Floor, Granite Counter |
| Dining | Main | 10.66' x 17.59' | Laminate, Combined W/Living |
| Living | Main | 10.66' x 17.59' | Laminate, W/O To Balcony, Window Flr to Ceil |
| Prim Bdrm | Main | 10.07' x 11.42' | Laminate, Large Window, Double Closet |
| 2nd Br | Main | 9.74' x 10.07' | Laminate, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
8 Rosebank Dr 7H is a 2-bedroom 1-bathroom condo listed for sale at $528,000, which is $238,074 (31.1%) 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 Century 21 Leading Edge Realty Inc.
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