50 Old Kingston Rd 5204
West Hill, Scarborough, M1E 4Y1
FOR SALE
$277,500
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Property Description
Desired 2nd floor 500 Sq. Ft 1 bdrm unit with underground parking space and locker in this Co-Op complex located on a ravine with abundant nature. The full Balcony partially faces the front of the complex with morning sunshine. Unit is partially renovated and needs new kitchen cupboards, counter top with sink, kitchen range hood, fridge and new bathroom vanity with mirror. Engineered hardwood is everywhere except bathroom. Walls and ceiling all freshly painted with Benjamin Moore premium Chantilly Lace paint and new baseboards are installed. Large Master Bedroom with large double closet. Large in unit walk-in utility closet. Ideal opportunity for new owner to make this space their own. MAINTENANCE FEES include: Property Taxes, BELL Cable, 5G Internet and all Utilities NOTE: MUST BE OWNER OCCUPIED, AGED 55 AND UP. Cats are allowed with approval. **EXTRAS** *For Additional Property Details Click The Brochure Icon Below*
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Co-Op Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$869 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Window Unit
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 9.84' x 19.69' | |
Br | Main | 8.86' x 9.84' | |
Kitchen | Main | 8.20' x 11.48' |
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Scarborough Market Statistics
Scarborough Price Trend
50 Old Kingston Rd 5204 is a 1-bedroom 1-bathroom condo listed for sale at $277,500, which is $279,610 (50.2%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Scarborough over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Ici Source Real Asset Services Inc.
Similar Listings
Amazing 1-bedroom, 1-bathroom apartment with large living room, formal dining, and eat-in kitchen. Private balcony with tranquil views. Laminate flooring throughout. Loads of closet space + storage. Maintenance fees include property taxes, locker, all utilities + cable T.V. Perfect for downsizers or first-time buyers. Very well-maintained building! Incredible value steps To Eglinton LRT and Kennedy Station. Dont miss this one. Unit has been virtually staged. **EXTRAS** Wonderfully quiet building with great residents and management. Laundry room on main floor. Non-smoking building. Note this is a co-op minimum 30% downpayment required and no rentals allowed.
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