1 Falaise Rd 120
West Hill, Scarborough, M1E 0B9
FOR SALE
$569,900
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Property Description
Immerse yourself in the epitome of spacious urban living with this chic 2-bedroom, 2-bathroom condo unit, ideally situated on the main floor for effortless accessibility. Convenience is key with this prime location, offering close proximity to public transportation, a grocery store, banks, and an array of restaurants just steps away. For those seeking relaxation, a short drive to the lake provides a serene escape from city life. Commute with ease, thanks to the nearby 401 highway and the convenience of the Pan Am Centre, UofT Scarborough Campus, and Centennial College within arm's reach. Whether you're a busy professional, a student, or simply craving the vibrant pulse of city living, this condo unit effortlessly combines modern convenience with a coveted location, promising a lifestyle of ease and sophistication.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-26 | 2023-08-02 | 7 | $2,400 | $2,450 | Leased |
| 2022-03-08 | 2022-03-14 | 6 | $2,100 | $2,100 | Leased |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,290 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.40' x 22.18' | Laminate, Open Concept, Backsplash |
| Living | Main | 12.40' x 22.18' | Laminate, W/O To Balcony, Combined W/Kitchen |
| 2nd Br | Main | 9.91' x 10.50' | Broadloom, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
1 Falaise Rd 120 is a 2-bedroom 2-bathroom condo listed for sale at $569,900, which is $261,805 (31.5%) lower than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Scarborough over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) less 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Summit Realty Inc.
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