Wednesday, October 13, 2010

Condo Sales: The Past 30 Days at 360 at City Centre

This week, let’s head east to Scarborough's City Centre for a look at Tridel's 360 at City Centre.

Completed in Spring 2006, 360 at City Centre is located at the northeast corner of Brimley and Ellesmere Roads, providing incredble convenience to its residences.  Access to banks, restaurants, groceries, gas stations and shopping at Scarborough Town Centre and various 'big box' retailers is just minutes away, while the building's proximitty to transportation including TTC buses, Scarborough RT and Hwy 401 allows residents to travel to other parts of the city with ease.

In the past 30 days, a total of five units have sold at 360, with prices ranging from $241,000 for a 1+Den suite to $320,500 for a 2+Den unit of about 710 to 1,030 sq ft, respectively. Three units were also leased over the past month, from $1,350 for a 1+Den to $1,600 for a 2-BR suite.

Of these units, those for sale spent on average 27 days on the market while those for lease spent on average 9 days.

If you’re wondering how property values have held up over the past couple years, a 1-BR unit that sold in December 2007 resold last month for $37,000 more than it did almost three years ago, while a 2+Den that sold in January 2009 resold last month for $42,500 more than it did about 21 months ago.

For more information on 360 at City Centre, please click here.

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Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.