3520 Danforth Ave 314
Oakridge, Scarborough, M1L 1E5
FOR SALE
$489,999
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BEDROOMS1
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Property Description
Welcome to this modern and stylish 1+den PLS + LOCKER @ The Terraces On The Danforth, an ideal haven for first-time buyers, small families, downsizers, and investors. This charming condo offers a versatile den space, perfect for a home office or an additional sleeping area. Inside, you'll find a well-equipped kitchen featuring stainless steel appliances and elegant granite countertops, seamlessly connecting to a cozy living room. The living area extends onto a south-facing balcony. With the convenience of ensuite laundry with ample storage, it adds to the ease of urban living. Residents can take advantage of amenities, including a party room for hosting gatherings, a well-equipped fitness centre for staying active, and a delightful outdoor patio area equipped with a BBQ and lounge space, perfect for relaxing and socializing. Situated in a vibrant neighborhood, this condo offers the perfect blend of comfort, convenience, and modern living. Don't miss the opportunity to make it your own!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-02 | 2024-03-19 | 46 | $499,999 | - | Terminated |
| 2023-11-21 | 2023-12-20 | 29 | $534,999 | - | Terminated |
| 2023-11-12 | 2023-11-21 | 9 | $499,999 | - | Terminated |
| 2020-02-22 | 2020-02-25 | 3 | $418,800 | $458,000 | Sold |
Extras
1 LOCKER
Nearby Intersections
Warden & Danforth (14)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,672 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Den | Flat | 7.09' x 6.82' | Laminate, Large Closet |
| Kitchen | Flat | 10.01' x 6.50' | Stainless Steel Appl, Laminate, Stone Counter |
| Prim Bdrm | Flat | 13.68' x 9.68' | Broadloom, Large Closet, Window Flr To Ceil |
| Living | Flat | 10.01' x 10.17' | Laminate, Combined W/Kitchen, W/O To Balcony |
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Scarborough Market Statistics
Scarborough Price Trend
3520 Danforth Ave 314 is a 1-bedroom 1-bathroom condo listed for sale at $489,999, which is $109,876 (18.3%) lower than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Scarborough over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 1-bedroom condos in Scarborough over the last 30 days (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals Inc.
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