1950 Kennedy Rd 703

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1950 Kennedy Rd 703, Scarborough
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E3715741
MLSID
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Property Description
Very Affordable Two Bedroom Apt. Bright And Sunshine, Nice View. Close To Highland Farm, Kennedy Commons Shopping Mall, High Way 401, Close To Ttc, Easy To Go Train And Scarborough Town Center.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-04-18 2023-05-05 17 $489,000 $475,000 Sold
Extras
Stove, Fridge, All Elf's, All Window Coverings.
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$890 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.76' x 18.11'Laminate
DiningFlat7.12' x 8.99'Laminate, Combined W/Living, W/O To Balcony
KitchenFlat6.56' x 7.51'Ceramic Floor, Eat-In Kitchen
MasterFlat10.60' x 17.39'Laminate, Double Closet, Window
2nd BrFlat8.60' x 14.99'Laminate, Large Closet, Window
Scarborough Market Statistics
Scarborough Price Trend
1950 Kennedy Rd 703 is a 2-bedroom 1-bathroom condo listed for sale at $239,000, which is $549,398 (69.7%) lower than the average sold price of $788,398 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $585 (0.1%) compared to the previous 30 day period (February 9 - March 9) and up $4,212 (0.5%) from the same time one year ago.
Inventory Change
There were 1,151 2-bedroom condos listed in Scarborough over the last 30 days (March 10 - April 8), which is down 1.5% compared with the previous 30 day period (February 9 - March 9) and up 22.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($9,337) (1.2%) below asking price over the last 30 days (March 10 - April 8), which represents a $3,548 increase compared to the previous 30 day period (February 9 - March 9) and ($8,736) 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 (March 10 - April 8) stood at 60.4%, up from 43.8% over the previous 30 days (February 9 - March 9) and down from 64.8% 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 24 days when successfully sold over the last 30 days (March 10 - April 8), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Miracle Realty Ltd, Brokerage
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