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    Toronto / Scarborough / Tam O'Shanter - Sullivan

    310 - 270 Palmdale Dr

    For Sale270 Palmdale Drive Condos
    $539,000
    Price Cut: $555,000
    2 Beds
    1 Bath
    1 Parking
    900 SQFT
    22 Days on Strata
    Est Sell Timeframe
    6 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $577/mth
    Taxes:
    $1,438 (2024)
    Cost Per Sqft:
    $599/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    30-60 days/TBD
    Laundry:
    Coin Operated
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    None
    Heat Source
    Electric
    Heating
    Baseboard

    Room Dimensions

    Kitchen
    7.91 x 6.82ft
    Dining
    5.35 x 7.09ft
    Den
    8.07 x 9.84ft

    About this Listing

    This 2 BDRM Scarborough condo with underground parking includes heat, hydro, cable and more in its low $577 per month maintenance fees, making this residence, not only an affordable entry level real estate investment; but also has low carrying cost. Over the past few years the seller carried out a full kitchen reno with new cabinets and quartz countertop (dishwasher not installed, but provisions to easily install one were made). Bathroom was also fully renovated with same quartz countertop, shower tile and fixtures. Under all of this, the seller also upgraded the flooring throughout with laminate and ceramic. With a little paint and your own flare on decor, this is a great purchase whether end use or rental. Condo amenities include sauna, gym & exercise, meeting/party room, garbage chute, fenced in grounds and playground for kids. Your new location has easy access to the 401, and will be located right along the future Sheppeard line extension of the TTC.

    ExtrasAll ELF included, some remaining flooring to remain also.

    re/max hallmark realty ltd.MLS® #E9283141

    Amenities

    Rec Room
    Security System
    Gym Room
    Concierge
    Indoor Parking
    Sauna

    Explore Neighbourhood

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar Listings

    Demographics

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

    Population
    10,336
    Average Individual Income
    $53,203
    Average Household Size
    0 persons
    Average Age
    43
    Average Household Income
    $111,705
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    18%
    50 - 64
    22%
    65+
    20%
    Household Income
    $0 - $30,000
    54%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    49%
    Semi Detached
    30%
    Duplex
    11%
    Low Rise Apartment
    6%
    High Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    52%
    Cantonese
    18%
    Mandarin
    10%
    Tamil
    7%
    Other
    7%
    Tagalog
    3%
    Urdu
    2%
    Gujarati
    1%
    Education
    High School
    30%
    University and Above
    24%
    None
    22%
    College
    16%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    19%
    Health & Related Fields
    16%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    3%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    270 Palmdale Drive Condos vs The Tam O'Shanter - Sullivan Area

    Building Trends At 270 Palmdale Drive Condos

    Days on Strata

    Units at 270 Palmdale Drive Condos spend an average of
    11
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Tam O'Shanter - Sullivan

    Turnover of Units

    On average, each unit is owned for
    19.8
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 25 condos in the Tam O'Shanter - Sullivan area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    270 Palmdale Drive Condos offers the
    ?
    best value out of 25 condos in the Tam O'Shanter - Sullivan neighbourhood

    Appreciation Rank

    270 Palmdale Drive Condos has the
    ?
    highest ROI out of 25 condos in the Tam O'Shanter - Sullivan neighbourhood

    Rental Yield

    270 Palmdale Drive Condos yields the
    ?
    highest rent prices out of 25 condos in the Tam O'Shanter - Sullivan neighbourhood

    High Demand

    270 Palmdale Drive Condos is the
    ?
    most popular building out of 25 condos in the Tam O'Shanter - Sullivan neighbourhood

    Transaction Insights at 270 Palmdale Drive

    2 Bed2 Bed + Den3 Bed
    Price Range$500,000 - $575,000$485,000 - $572,000No Data
    Avg. Cost Per Sqft$530$524No Data
    Avg. Wait for Unit Availability76 Days194 Days679 Days
    Ratio of Units in Building88%5%8%

    Transactions vs Inventory

    Total number of units listed and sold in Tam O'Shanter - Sullivan