Three bedroom Brian Harrison condo sells for $385,000

A three bedroom Brian Harrison condo sold for $385,000 in September 2016.  A total of 14 Brian Harrison condos sold last month ranging from $252,888 to $385,000.  Most of the sales were for popular one bedroom plus den layouts accounting for more than half of the sales.

Three Bedroom Brian Harrison Condo

A one bedroom condo sold for $288,000.

One bedroom plus den condos sold between $252,888 to $328,000.

Two bedrooms sold from $340,800 to $345,000.

And a three bedroom sold for $385,000.

Condos at Brian Harrison took a bit longer to sell than the rest of the Scarborough condo market. It took an average of 34 days for a condo to sell. The fastest sale was five days and the longest took 100 days to sell.

The condo that took the longest to sell was the three bedroom unit. It is likely the price point of three bedroom condo suites that make it longer to sell as these suites attract a very particular type of buyer looking to live in a condo instead of a house. The maintenance fee for the three bedroom unit was $753, which also factors in with affordability for someone choosing between an entry level house (such as a freehold or condo townhouse) and a condo.

Three bedroom Brian Harrison condo a rare find

You don’t often see three bedroom condos for sale at Brian Harrison Way.  This year only five of the total condo sales were of three bedroom condos. They ranged from $378,000 to $392,000. For the location, three bedroom condos at Brian Harrison offer immense convenience and value compared to buying a much more expensive freehold home in Bendale.

It seems a lot of condo buyers are seeking convenience when buying condos. Brian Harrison Way, being situated right beside the Scarborough Town Centre, makes commuting convenient for those taking the subway. The RT brings you to Kennedy and downtown in a matter of minutes. The Go station is also very accessible. And let’s not forget that shopping, dining, entertainment and grocery stores are just walking distance.

Brian Harrison condos have seen steady price growth over the past few years. There continues to be a healthy turnover of listings from sellers who want to upsize, while buyers looking to downsize are moving in.

 

Three bedroom Brian Harrison condo sells for $385,000

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