855 Kennedy Rd 506
Ionview, Scarborough, M1K 2E3
FOR SALE
$549,000
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Property Description
Rarely Offered Spacious 3 Bedrooms And 2 Washrooms Move In Condition Condo Located Steps To Kennedy & Eglinton. Functional Floor Plan With Spacious Living And Dining Area, Walkout To Large Balcony, Updated Kitchen With S/S Appliances, And Quartz Countertop And Backsplash. Updated Washrooms, Large Bedrooms With Larger Closets And Ceiling Fans, Beautiful Laminate Floor. Cable And High Speed Internet Included. Well Maintained, Quiet & Mature Building. Convenient Location With Bus Stop At The Front Door, Enjoy Easy Access To Local Amenities, Public Transit, Parks, Kennedy Station, And Top-Rated Schools. Whether You're A First-Time Buyer Or Looking To Downsize Or An Investor, This Condo Has It All. Building's Amenities Include Visitor Parkings, Underground Parkings, Coins Laundry, And Party Room.
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Nearby Intersections
Kennedy & Eglinton (14)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,116 (2024)
Basement
None
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 7.87' x 11.98' | Stainless Steel Appl, B/I Appliances, Updated |
| Living | Flat | 11.81' x 21.00' | L-Shaped Room, Combined W/Dining, Laminate |
| Dining | Flat | 8.86' x 7.87' | L-Shaped Room, Combined W/Living, Laminate |
| Br | Flat | 11.81' x 10.83' | Closet, Ceiling Fan, Laminate |
| 2nd Br | Flat | 9.19' x 13.12' | Closet, Ceiling Fan, Laminate |
| 3rd Br | Flat | 9.19' x 11.81' | W/I Closet, Ceiling Fan, Laminate |
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Scarborough Market Statistics
Scarborough Price Trend
855 Kennedy Rd 506 is a 3-bedroom 2-bathroom condo listed for sale at $549,000, which is $303,052 (35.6%) lower than the average sold price of $852,052 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom condo in Scarborough declined by $130,333 (13.3%) compared to the previous 30 day period (October 3 - November 1) and down $172,686 (16.9%) from the same time one year ago.Inventory Change
There were 190 3-bedroom condos listed in Scarborough over the last 30 days (November 2 - December 1), which is down 13.6% compared with the previous 30 day period (October 3 - November 1) and down 3.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Scarborough typically sold ($17,146) (2.0%) below asking price over the last 30 days (November 2 - December 1), which represents a $1,923 increase compared to the previous 30 day period (October 3 - November 1) and ($24,163) 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 3-bedroom condos in Scarborough over the last 30 days (November 2 - December 1) stood at 39.5%, down from 41.4% over the previous 30 days (October 3 - November 1) and up from 21.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Scarborough stood at 32 days when successfully sold over the last 30 days (November 2 - December 1), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Future Realty Inc.
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