25 Silver Spring Blvd 507

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25 Silver Spring Blvd 507, Scarborough
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
E3566035
MLSID
Contact Us
Property Description
Location, Location, Location. 1,187 Sf Bright + Spacious. 2 Br, 2 Washroom Model On 5/F At Birchmount/ Finch. Amazing Facilities At Relatively Low Condo Fees (Condo Fee Covers Everything Except Hydro). Very Functional Floor Plan (See Attached) Immediate Occupancy. (Actually A 2 + Den Converted Into 2 Br.)
Extras
Fridge, Stove, Washer, Dryer, All Elfs, All Winow Coverings, One Parking ( #533)
Property Features
Hospital, Library, Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,383 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain25.49' x 20.34'Combined W/Dining, Large Window, Broadloom
DiningMain25.49' x 20.34'Combined W/Living, Large Window, Broadloom
KitchenMain7.51' x 8.01'Eat-In Kitchen
BreakfastMain6.99' x 6.00'Eat-In Kitchen
MasterMain14.24' x 10.99'Large Closet, 4 Pc Ensuite, Large Window
2nd BrMain12.01' x 9.51'Large Closet, Large Window
Scarborough Market Statistics
Scarborough Price Trend
25 Silver Spring Blvd 507 is a 2-bedroom 2-bathroom condo listed for sale at $245,000, which is $546,612 (69.1%) lower than the average sold price of $791,612 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $7,727 (1.0%) compared to the previous 30 day period (February 19 - March 19) and up $2,929 (0.4%) from the same time one year ago.
Inventory Change
There were 1,386 2-bedroom condos listed in Scarborough over the last 30 days (March 20 - April 18), which is up 15.2% compared with the previous 30 day period (February 19 - March 19) and up 33.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($10,721) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $1,553 increase compared to the previous 30 day period (February 19 - March 19) and ($8,662) 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 20 - April 18) stood at 50.3%, up from 46.0% over the previous 30 days (February 19 - March 19) and down from 64.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 23 days when successfully sold over the last 30 days (March 20 - April 18), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Landpower Real Estate Ltd., Brokerage
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