25 Silver Springs Blvd 1606
L'Amoreaux, Scarborough, M1V 1M9
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSE3659450
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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.
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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.
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Property Details
Street
Community
City
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
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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
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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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