8 Rosebank Dr A
Malvern, Scarborough, M1B 5Z3
FOR SALE
$495,000
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BEDROOMS1
BATHROOMS1
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Property Description
Attention first-time buyers and downsizers! Discover the perfect 1+1 bedroom ground-level condo, conveniently located within walking distance to 24/7 transit, shops, and numerous amenities. The den offers versatile space, ideal as an additional room or office for your convenience. Situated just minutes from Highway 401, this condo is in the heart of Scarborough. Enjoy exceptional building amenities including a 24-hour concierge, gym, recreation room, media room, guest parking, and guest suites. This condo offers everything you need for comfortable and convenient living.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-15 | 2024-11-30 | 77 | $525,000 | - | Expired |
| 2024-07-24 | 2024-09-14 | 52 | $550,000 | - | Terminated |
| 2020-10-09 | 2020-10-23 | 14 | $443,800 | $443,000 | Sold |
Nearby Intersections
McCowan & 401 (93)
Markham & Sheppard (75)
Property Features
Fenced Yard, Park, Public Transit, School
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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, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.50' x 18.44' | Laminate, O/Looks Backyard, Combined W/Dining |
| Dining | Main | 10.50' x 18.44' | Laminate, Combined W/Living |
| Kitchen | Main | 8.40' x 8.50' | Ceramic Floor, Granite Counter |
| Br | Main | 9.15' x 13.39' | Laminate, O/Looks Backyard, Large Closet |
| Den | Main | 8.04' x 9.68' | Laminate, French Doors |
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Scarborough Market Statistics
Scarborough Price Trend
8 Rosebank Dr A is a 1-bedroom 1-bathroom condo listed for sale at $495,000, which is $71,564 (12.6%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Scarborough over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Community Realty Inc.
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