1950 Kennedy Rd 1005
Dorset Park, Scarborough, M1P 4S9
FOR SALE
$475,000
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BEDROOMS1
BATHROOMS1
KITCHENS6
ROOMSE8315198
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Property Description
Welcome to the heart of Dorset Park neighbourhood! This building is conveniently located on the Northwest corner of Kennedy and Ellesmere Rd. It is minutes away from HWY 401, public transit, restaurants & the Kennedy Commons plaza. The unit has ample storage and a large balcony. The unit offers low property taxes. Access to fitness facility, entertainment room and a playground is available on premises. Condo Fee Includes Heat, Hot Water, Cable Tv & High Speed Internet. Coin Laundry available on premises. This spacious three bedroom unit is move-in ready OR is ideal for someone who wants to renovate it to own liking. Perfect for 1st time home buyer or investor.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,033 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
None
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 8.20' x 8.86' | W/O To Balcony, Combined W/Living |
| Kitchen | Main | 8.37' x 9.19' | Large Closet, Large Window |
| Prim Bdrm | Main | 10.50' x 16.40' | Large Closet, Laminate |
| 2nd Br | Main | 8.86' x 16.40' | Laminate, Large Closet |
| 3rd Br | Main | 9.84' x 15.75' | Laminate, Large Closet |
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Scarborough Market Statistics
Scarborough Price Trend
1950 Kennedy Rd 1005 is a 3-bedroom 1-bathroom condo listed for sale at $475,000, which is $566,654 (54.4%) lower than the average sold price of $1,041,654 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom condo in Scarborough increased by $75,325 (7.8%) compared to the previous 30 day period (March 15 - April 13) and up $129,053 (14.1%) from the same time one year ago.Inventory Change
There were 302 3-bedroom condos listed in Scarborough over the last 30 days (April 14 - May 13), which is up 54.1% compared with the previous 30 day period (March 15 - April 13) and up 46.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Scarborough typically sold ($10,697) (1.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,136 decrease compared to the previous 30 day period (March 15 - April 13) and ($19,491) 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 (April 14 - May 13) stood at 27.5%, down from 56.6% over the previous 30 days (March 15 - April 13) and down from 55.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom condo in Scarborough stood at 29 days when successfully sold over the last 30 days (April 14 - May 13), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Cityscape Real Estate Ltd.
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