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    Toronto / Scarborough / West Hill

    501 - 1 Falaise Rd S

    For SaleSweetLife Condos
    $479,000
    Price Cut: $499,000
    1 Bed + 1
    1 Bath
    1 Parking
    517 SQFT
    56 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $315/mth
    Taxes:
    $1,853 (2024)
    Cost Per Sqft:
    $926/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    November 29, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    11.61 x 9.02ft
    Den
    Carpet
    11.61 x 7.02ft
    Living
    Walkout To Balcony
    17.78 x 9.51ft

    About this Listing

    New,Bright & centrally located 1-bedroom Plus Den condo on Kingston/Lawrence/Morning side intersection. Unit comes with Parking space & locker. This area is primarily residential with a mix of single-family homes, townhouses and some apartment buildings. More diverse community is the beauty of this area. Morningside park is very close and known for its greenery, providing residents with opportunities for outdoor activities and recreation. This area is very convenient to access amenities such as shopping centers, schools and public transportation. Tim Hortons, No frills, Beer store, Rexall as well many more stores are in few steps just front of the building.

    everest realty ltd.MLS® #E9311724

    Amenities

    Concierge
    Party Room
    Security System
    Indoor Parking
    Gym Room

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    3/10
    Bikeability
    If biking were a video game, this would be expert mode.

    Similar Listings

    Demographics

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

    Population
    7,010
    Average Individual Income
    $54,453
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $104,757
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    17%
    50 - 64
    21%
    65+
    20%
    Household Income
    $0 - $30,000
    53%
    $30,000+
    26%
    $60,000+
    13%
    $90,000+
    5%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    48%
    Semi Detached
    17%
    Duplex
    14%
    High Rise Apartment
    11%
    Low Rise Apartment
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    56%
    Cantonese
    12%
    Other
    12%
    Mandarin
    9%
    Tamil
    7%
    Urdu
    2%
    Tagalog
    1%
    Hindi
    1%
    Education
    High School
    29%
    University and Above
    27%
    None
    20%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    8%
    Physical Sciences
    6%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    SweetLife Condos vs The West Hill Area

    Building Trends At SweetLife Condos

    Days on Strata

    Units at SweetLife Condos spend an average of
    24
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in West Hill

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 25 condos in the West Hill area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    19
    Units were Rented over the past twelve months

    Best Value Rank

    SweetLife Condos offers the
    ?
    N/A
    best value out of 25 condos in the West Hill neighbourhood

    Appreciation Rank

    SweetLife Condos has the
    ?
    N/A
    highest ROI out of 25 condos in the West Hill neighbourhood

    Rental Yield

    SweetLife Condos yields the
    ?
    N/A
    highest rent prices out of 25 condos in the West Hill neighbourhood

    High Demand

    SweetLife Condos is the
    ?
    N/A
    most popular building out of 25 condos in the West Hill neighbourhood

    Transaction Insights at 1 Falaise Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$417,000 - $482,500$465,000 - $540,000$540,000 - $560,000$685,000No Data
    Avg. Cost Per Sqft$819$781$708$758No Data
    Avg. Wait for Unit Availability74 Days41 Days120 Days260 DaysNo Data
    Ratio of Units in Building23%51%14%12%2%

    Transactions vs Inventory

    Total number of units listed and sold in West Hill