1950 Kennedy Rd 107

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1950 Kennedy Rd 107, Scarborough
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E3271053
MLSID
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Property Description
A Great Starter Or Investment Property, Prime Location, Ground Floor, Balcony Opens On Front Side, Steps Yo Kennedy Commons, Schools, Park, Public Transit, 401. Direct Ttc To Subway Station
Extras
Stove, All Elf, Fridge
Property Features
Hospital, Library, Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
900-999
Taxes
$900 (2014)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Surface
Room Summary
RoomLevelSizeFeatures
LivingFlat10.40' x 21.16'Tile Floor, Combined W/Dining
DiningFlat7.71' x 8.43'Tile Floor, Combined W/Living
KitchenFlat6.89' x 8.10'Tile Floor
MasterFlat10.73' x 13.22'Broadloom
2nd BrFlat8.86' x 13.19'Broadloom
Scarborough Market Statistics
Scarborough Price Trend
1950 Kennedy Rd 107 is a 2-bedroom 1-bathroom condo listed for sale at $156,000, which is $631,467 (80.2%) lower than the average sold price of $787,467 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $17,669 (2.3%) compared to the previous 30 day period (January 28 - February 26) and down $17,878 (2.2%) from the same time one year ago.
Inventory Change
There were 1,231 2-bedroom condos listed in Scarborough over the last 30 days (February 27 - March 27), which is up 16.4% compared with the previous 30 day period (January 28 - February 26) and up 22.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($12,445) (1.6%) below asking price over the last 30 days (February 27 - March 27), which represents a $72 increase compared to the previous 30 day period (January 28 - February 26) and ($11,558) 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 (February 27 - March 27) stood at 48.2%, up from 46.0% over the previous 30 days (January 28 - February 26) and down from 62.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Scarborough stood at 27 days when successfully sold over the last 30 days (February 27 - March 27), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Gta Realty Inc., Brokerage
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