40 Bay Mills Blvd 310

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40 Bay Mills Blvd 310, Scarborough
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
E3710013
MLSID
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Property Description
Convenient Location @ Unbelievable Price! Excellent Investment Opportunity! Guaranty One Year Rental Or Move-In. Bright West View. Bbq Allowed! Walk To Many Amenities. Great Management, Low Maintenance Fee, Superbly Well Maintained Building. Close To Agincourt Mall, Library, Medical Bldg, Ttc, 404, 401, Etc., Utility Rm Is Used As Walk In Closet Which Can Be Easily Converted To Ensuite Laundry(No Extra Cost To Use)
Extras
Existing Light Fixtures, Stove, Fridge. Maintenance Fee Includes All Utilities Except Property Tax.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$936 (2016)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
DiningFlat7.74' x 7.81'Laminate, Open Concept
LivingFlat13.42' x 14.50'Laminate, W/O To Balcony, West View
MasterFlat11.32' x 14.11'Laminate, West View
UtilityFlat5.74' x 5.74'Enclosed, Closet
Scarborough Market Statistics
Scarborough Price Trend
40 Bay Mills Blvd 310 is a 1-bedroom 1-bathroom condo listed for sale at $229,000, which is $372,271 (61.9%) lower than the average sold price of $601,271 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $5,761 (1.0%) compared to the previous 30 day period (February 19 - March 19) and down $24,530 (3.9%) from the same time one year ago.
Inventory Change
There were 1,531 1-bedroom condos listed in Scarborough over the last 30 days (March 20 - April 18), which is up 10.9% compared with the previous 30 day period (February 19 - March 19) and up 49.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($8,365) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $2,284 increase compared to the previous 30 day period (February 19 - March 19) and ($4,510) 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 20 - April 18) stood at 45.1%, up from 43.1% over the previous 30 days (February 19 - March 19) and down from 76.3% 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 20 - April 18), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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