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    Scarborough Fair Condos

    1470 Midland Avenue

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    22
    Number of Units:
    273
    Condo Completion:
    1992
    Condo Demand:
    Medium
    Unit Size Range:
    596 - 1,399 SQFT
    Unit Availability:
    Medium

    Listing History for Scarborough Fair Condos

    Amenities

    Games Room
    Visitor Parking
    Concierge
    Indoor Pool
    Bike Storage
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1470 Midland AvenueScarborough Fair Condos

    Whoever named the condos at 1470 Midland Avenue must have been a fan of Simon and Garfunkel. The developers at RMIC Building Corporation named the Scarborough Fair Condos after the wildly popular 1966 hit, regardless of the fact that the condominium came almost 30 years after the song.

    Completed in 1992, 1470 Midland Ave contains 273 Toronto condos spread out over 22 storeys. While the building might win over some folk rock fans, condo seekers are typically more attracted to the Scarborough Fair Condos for its amenities. Residents have access to an indoor pool, gym, and sauna, plus the building boasts a concierge, security, and underground parking.

    The Suites

    Homes at 1470 Midland Ave range from modest to generously sized, or, for the numbers people reading this, 600 to 1,300 square feet. The building isn’t equipped to house large families, as the biggest suites contain two bedrooms plus a den. That said, residents with one or two children can find Toronto condos for sale to suit their needs at 1470 Midland Ave.

    Style-wise, it’s difficult to sum up the homes at 1470 Midland Ave. Seeing as the building has been around for a couple of decades now, some homes have received upgrades and updates over the years, while others are waiting patiently for a fresh coat of paint. Condo seekers can, however, expect to find floor-to-ceiling windows throughout the building, as well as large, separate kitchens — many with pass-through windows.

    The Neighbourhood

    When people think of Scarborough, sleepy culs-de-sac and single-family homes with enormous front lawns often come to mind. Dorset Park, which reaches from Midland to Birchmount and from the Gatineau Hydro Corridor Trail to the 401, may have its fair share of residential streets, however 1470 Midland Ave is situated steps away from countless resources.

    For one, residents have a pharmacy and a major grocery store right across the street from their homes, on the east side of Midland Avenue. Between both Midland and Lawrence, there are also plenty of restaurants within walking distance of 1470 Midland Ave.

    Speaking of food, one of the most exciting annual events in Scarborough happens to be right next door, in the Wexford Heights area. Every summer, residents from all over the city flock to Lawrence Avenue East in order to attend the Taste of Lawrence. Here, attendees can sample food from around the world — without having to leave the city.

    Transportation

    Not all Scarborough homes are as accessible as those at the Scarborough Fair Condos. Even residents who don’t like to drive can get around the city with ease, especially with Lawrence East Station just 500 metres away. Once at this station, residents can head west along the Scarborough subway line, with the option to transfer onto the Bloor-Danforth line at Kennedy Station.

    Living at 1470 Midland Ave also proves to be quite convenient for residents who drive. A quick drive west on Lawrence Avenue will land cars at an on ramp for the Don Valley Parkway. Once there, drivers have the option to head north toward the 404 or south to the downtown core. Having the 401 so close at hand also comes in handy, with major highway accessible by heading north along either Kennedy or Brimley Road.

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    Nearby Amenities

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,486
    Average Individual Income
    $55,700
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $97,273
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    33%
    Detached
    25%
    Semi Detached
    22%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    55%
    Cantonese
    12%
    Other
    12%
    Mandarin
    10%
    Tamil
    5%
    Tagalog
    3%
    Urdu
    2%
    Gujarati
    1%
    Education
    University and Above
    33%
    High School
    25%
    None
    17%
    College
    16%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Scarborough Fair Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.6
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 26 condos in the Dorset Park area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Scarborough Fair Condos offers the
    ?
    best value out of 26 condos in the Dorset Park neighbourhood

    Appreciation Rank

    Scarborough Fair Condos has the
    ?
    highest ROI out of 26 condos in the Dorset Park neighbourhood

    Rental Yield

    Scarborough Fair Condos yields the
    ?
    highest rent prices out of 26 condos in the Dorset Park neighbourhood

    High Demand

    Scarborough Fair Condos is the
    ?
    most popular building out of 26 condos in the Dorset Park neighbourhood

    Transaction Insights at 1470 Midland Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$380,000 - $405,000No Data$538,000 - $599,999No Data
    Avg. Cost Per Sqft$680No Data$557No Data
    Avg. Wait for Unit Availability196 Days282 Days30 Days383 Days
    Ratio of Units in Building19%8%67%8%

    Maintenance Fees

    Scarborough Fair Condos vs The Dorset Park Area

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