25 Silver Springs Blvd 1606

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25 Silver Springs Blvd 1606, Scarborough
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E3659450
MLSID
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Property Description
Newly Renovated, Shows Well, Move-In Condition. Bright, Unobstructed East View, Walk To All Amenities, Ttc, Shopping, Mall, Hospital, Library, Park, Large Den Currently Being Used As Second Bedroom With Closet. Pride Of Ownership Shows.
Extras
Fridge, Stove, Ss B/I Dishwasher, Washer, Dryer, Elf's, Brand New Flooring, All Window Coverings, Upgraded Kitchen, Updated Washroom, Smooth Ceiling In Dining Room, Many New Renovations.
Property Details
Community
Property Type
Comm Element Condo, Multi-Level
Approximate Sq.Ft.
900-999
Taxes
$1,176 (2016)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Parking 2
None
Garage Type
Undergrnd
Scarborough Market Statistics
Scarborough Price Trend
25 Silver Springs Blvd 1606 is a 1-bedroom 1-bathroom condo listed for sale at $278,000, which is $324,533 (53.9%) lower than the average sold price of $602,533 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $6,706 (1.1%) compared to the previous 30 day period (February 23 - March 23) and down $19,736 (3.2%) from the same time one year ago.
Inventory Change
There were 1,536 1-bedroom condos listed in Scarborough over the last 30 days (March 24 - April 22), which is up 11.4% compared with the previous 30 day period (February 23 - March 23) and up 49.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($7,920) (1.3%) below asking price over the last 30 days (March 24 - April 22), which represents a $2,521 increase compared to the previous 30 day period (February 23 - March 23) and ($3,215) 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 (March 24 - April 22) stood at 43.0%, down from 44.2% over the previous 30 days (February 23 - March 23) and down from 74.1% 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 26 days when successfully sold over the last 30 days (March 24 - April 22), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with World Class Realty Point, Brokerage
Similar Listings
45 Industrial St 205, North York
0
BEDS
1
BATHS
$278,901
FOR SALE
This is a storage unit or work shop. Small affordable units accessed by freight and passenger elevator. Not zoned for residential. This would be a great addition for people living in condos or downsizing who need extra space. Unit size may be adjusted. Used could be; storage, shop, creative uses. Located close to all retail and big box amenities. Short walk to Laird LRT stop. Construction starts in March!
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