8 Rosebank Dr A

FOR SALE
$514,000
8 Rosebank Dr A, Scarborough
8 Rosebank Dr A
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
E11893624
MLSID
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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.
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
Property Features
Fenced Yard, Park, Public Transit, School
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
LivingMain10.50' x 18.44'Laminate, O/Looks Backyard, Combined W/Dining
DiningMain10.50' x 18.44'Laminate, Combined W/Living
KitchenMain8.40' x 8.50'Ceramic Floor, Granite Counter
BrMain9.15' x 13.39'Laminate, O/Looks Backyard, Large Closet
DenMain8.04' x 9.68'Laminate, French Doors
Scarborough Market Statistics
Scarborough Price Trend
8 Rosebank Dr A is a 1-bedroom 1-bathroom condo listed for sale at $514,000, which is $48,863 (8.7%) lower than the average sold price of $562,863 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $6,430 (1.1%) compared to the previous 30 day period (October 18 - November 16) and down $22,163 (3.8%) from the same time one year ago.
Inventory Change
There were 886 1-bedroom condos listed in Scarborough over the last 30 days (November 17 - December 16), which is down 31.7% compared with the previous 30 day period (October 18 - November 16) and up 19.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($12,552) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,650 decrease compared to the previous 30 day period (October 18 - November 16) and ($14,925) 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 (November 17 - December 16) stood at 51.2%, up from 47.2% over the previous 30 days (October 18 - November 16) and down from 54.9% 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 31 days when successfully sold over the last 30 days (November 17 - December 16), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Community Realty Inc.
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