1950 Kennedy Rd 406

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1950 Kennedy Rd 406, Scarborough
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
E3529107
MLSID
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Property Description
Prime Scarborough Location, Beautiful 3 Bed Room Units, And Nice Open Huge Balcony. This Condo Is Walking Distance To Grocery Store, Shops, Banks, And School. 24 Hrs Ttc, And Close To High Way 401. Bright And Spacious Condo Unit.
Extras
Fridge, Stove, Hood Fan, Microwave, Window Covering And All Existing Electric Light And Fixtures.
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,104 (2015)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Outside #42)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.56' x 22.41'Combined W/Dining, L-Shaped Room, Laminate
DiningFlat8.20' x 8.96'W/O To Balcony, Laminate
KitchenFlat7.58' x 9.19', Tile Floor
MasterFlat10.66' x 17.55'Laminate, Large Closet
2nd BrFlat9.74' x 15.62'Laminate, Large Closet
3rd BrFlat8.96' x 10.50'Laminate, Large Closet
UtilityFlat4.59' x 5.74'
Scarborough Market Statistics
Scarborough Price Trend
1950 Kennedy Rd 406 is a 3-bedroom 1-bathroom condo listed for sale at $179,900, which is $733,278 (80.3%) lower than the average sold price of $913,178 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom condo in Scarborough increased by $29,599 (3.3%) compared to the previous 30 day period (February 26 - March 26) and up $72,486 (8.6%) from the same time one year ago.
Inventory Change
There were 244 3-bedroom condos listed in Scarborough over the last 30 days (March 27 - April 25), which is up 5.2% compared with the previous 30 day period (February 26 - March 26) and up 49.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Scarborough typically sold ($5,646) (0.6%) below asking price over the last 30 days (March 27 - April 25), which represents a $3,697 decrease compared to the previous 30 day period (February 26 - March 26) and ($13,683) 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 (March 27 - April 25) stood at 45.9%, up from 40.1% over the previous 30 days (February 26 - March 26) and down from 63.8% 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 27 days when successfully sold over the last 30 days (March 27 - April 25), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Vision Realty, Brokerage
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