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701 - 15 Torrance Road
For Sale15 Torrance Road CondosEst Sell Timeframe 5 Days
$499,900
2 Beds + 1
1 Bath
1 Parking
900 - 999 SQFT
49 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$500 - $555/sqft
Maintenance Fees:
$910/mth
Taxes:
$1,046 (2023)
Locker:
None
Outdoor Space:
Balcony
Exposure:
North
Possession Date:
June 28, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Excluded
Air Conditioning
Unit Details
- Air Conditioning
- None
- Heat Source
- Electric
- Heating
- Water
- Ensuite Laundry
- Yes
Room Dimensions
Living
Combined with Dining, Walkout To Balcony
16.41 x 10.17ft
Dining
Laminate, Combined with Living
7.02 x 8.99ft
Kitchen
Laminate
13.12 x 6ft
About this Listing
This has 2 Bedrooms, 1 Den Is Located In The Heart Of Scarborough! Bright and Spacious, Perfect for first time buyers, investors or downsizers! New Laminate floors & lighting fixtures throughout. Open concept living/dining w w/o to stunning balcony. This Home Has Generous Sized Bedrooms & Ensuite Laundry. New S.S. appliances, custom cabinets. Walking Distance To Go Train, Schools, Restaurants And Grocery Stores & Public Transit. Great Facilities Include: Gym Room, Pool, Party Room, Sauna &Visitor Parking.
re/max community realty inc.MLS® #E8145832
Amenities
Games Room
Visitor Parking
Indoor Pool
Bike Storage
Sauna
Party Room
Nearby Amenities
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
7/10
Transit
Transit's there for you, like a loyal golden retriever.
4/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
7,603
Average Individual Income
$59,032
Average Household Size
3 persons
Average Age
44
Average Household Income
$104,500
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
48%
Semi Detached
35%
Duplex
8%
Low Rise Apartment
3%
High Rise Apartment
3%
Marital Status
Commute
Languages (Primary Language)
English
51%
Cantonese
22%
Mandarin
15%
Other
7%
Tamil
3%
Tagalog
1%
Punjabi
1%
Education
High School
28%
University and Above
26%
None
23%
College
16%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
26%
Architecture & Engineering
20%
Health & Related Fields
14%
Social Sciences
10%
Math & Computer Sciences
7%
Physical Sciences
5%
Humanities
4%
Education
4%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Price Trends
Building Trends At 15 Torrance Road Condos
Days on Strata
Units at 15 Torrance Road Condos spend an average of
12
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
18
YEARS before being sold againProperty Value
6%
Increase in property value within the past twelve months
Price Ranking
7th
Highest price per SQFT out of 18 condos in the Eglinton East area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
1
Units were Rented over the past twelve months
Best Value Rank
15 Torrance Road Condos offers the best value out of 18 condos in the Eglinton East neighbourhood
?
Appreciation Rank
15 Torrance Road Condos has the highest ROI out of 18 condos in the Eglinton East neighbourhood
?
Rental Yield
15 Torrance Road Condos yields the highest rent prices out of 18 condos in the Eglinton East neighbourhood
?
High Demand
15 Torrance Road Condos is the most popular building out of 18 condos in the Eglinton East neighbourhood
?
Transaction Insights at 15 Torrance Road
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | No Data | $410,000 - $475,000 | No Data | $463,000 - $575,000 | No Data |
Avg. Cost Per Sqft | No Data | $523 | No Data | $465 | No Data |
Price Range | No Data | $2,500 | No Data | No Data | No Data |
Avg. Wait for Unit Availability | No Data | 77 Days | 210 Days | 70 Days | No Data |
Avg. Wait for Unit Availability | No Data | 261 Days | 1045 Days | 1283 Days | No Data |
Ratio of Units in Building | 1% | 40% | 7% | 54% | 1% |
Maintenance Fees
15 Torrance Road Condos vs The Eglinton East Area