1 day on Market

1070 Progress Ave #306, Scarborough, Ontario M1B 0C5

In the same building:
-
Condo
2
2 + 1
~1000 sqft
$599,000
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Condo
2
2 + 1
~1000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$599/sqft

Est. Mortgage$2,572/mo

Maintenance fees$486/mo

Tax Amount (2024)$3,005/yr

Days On Market1 day


Description

Discover comfort, convenience, and unbeatable value at Unit 306 – 1070 Progress Ave. This bright and spacious 2-bedroom, 1-bath condo offers a thoughtfully designed layout with generous living space, perfect for professionals, small families, or savvy investors. Enjoy a sun-filled open-concept living/dining area that walks out to a private balcony – ideal for morning coffee or evening relaxation. The functional kitchen boasts ample cabinetry and a breakfast area, while the two well-sized bedrooms offer plenty of closet space and natural light. Located in the heart of Scarborough, you're just minutes from Centennial College, Scarborough Town Centre, TTC, GO Transit, Highway 401, and an abundance of shops, restaurants, and parks. A well-managed building with low maintenance fees makes this a smart buy in a rapidly growing neighbourhood. Whether you're buying your first home or expanding your investment portfolio, this is an opportunity you don't want to miss!


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1000 SqFt
Lot Size-
Parking Spaces1
MLS ®Number40722623
Community NameMalvern
Data SourceITSO
Listing bySAVE MAX REAL ESTATE INC

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air

Second Floor

Living Room

5.33 x 2.01

Kitchen

3.43 x 2.44

Dining Room

5.33 x 2.01

Bathroom

2-Piece


Features

Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Amenities

BBQs Permitted, Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 16, 2025
ListedActive
$599,000
1 day on market
history photo preview47
Listing by itso®
Property listed by SAVE MAX REAL ESTATE INC, Brokerage

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Market Data - Malvern

Geo Zone Map ThumbnailMalvern

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2024

23 days

2023

19 days

2022

12 days

New Listings

Past 30 days

58 listings

Compared to

2024

41 listings

2023

24 listings

2022

48 listings

Units sold

Past 30 days

14 units

Compared to

2024

19 units

2023

20 units

2022

22 units

Median Sold Price

Past 30 days

$536,000

Compared to

2024

$552,500

2023

$535,500

2022

$680,000


Population and Demographics

Overview

Total population 36648
Average household income $104,061

Age (%)

20 to 34
23%
0 to 19
22%
50 to 64
20%
35 to 49
18%
65 and plus
17%

Household composition (%)

Single family
71%
Single person
21%
Multi person
6%
Multi family
2%

Mother tongue (%)

English
52%
Tamil
12%
Tagalog (Pilipino, Filipino)
7%
Urdu
5%
Yue (Cantonese)
4%
Gujarati
3%
Mandarin
2%
Punjabi (Panjabi)
2%
Bengali
2%
Others
1%

House tenancy (%)

Owners
71%
Renters
29%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget