45 days on Market

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

In the same building:
-
Condo
2
2
~1000-1199 sqft
$549,000
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Condo
2
2
~1000-1199 sqft

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Highlights

Property Estimate

Days on market45 days

Estimated valueNot available

Price/Sqft$503/sqft

Monthly cost

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CMA Subject Property

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+17

Properties sold*

$560K

Median sold price*

*Based on last 30 days

Description

Discover comfort, convenience, and unbeatable value at Unit 306 1070 Progress Ave. This bright and spacious 2-bedroom, 2-bath 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! Newly Installed Rental Combi Boiler, which is High-Efficiency Dual Heating System, helping you save on heating bills while reducing your environmental impact.


Property Details

Style3-Storey
View-
Age of property6-10
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberE12238418
Community NameMalvern
Data SourceTRREB
Listing bySAVE MAX REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air

2nd Floor

Living

5.35 x 2.03

Combined W/Dining / Laminate

Dining

5.35 x 2.03

Combined W/Living / Laminate

Kitchen

3.43 x 2.44

Granite Counter / Laminate / B/I Appliances


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


02Story
Amenities

Bbqs Allowed, Visitor Parking, Rooftop Deck/Garden

Inclusions
Hydro
Water
Parking
Cable
Heat

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

33 days

Compared to

2024

35 days

2023

18 days

2022

21 days

New Listings

Past 30 days

42 listings

Compared to

2024

48 listings

2023

52 listings

2022

44 listings

Units sold

Past 30 days

15 units

Compared to

2024

17 units

2023

20 units

2022

24 units

Median Sold Price

Past 30 days

$535,000

Compared to

2024

$560,000

2023

$533,500

2022

$590,000


Population and Demographics

Overview

Total population 36648
Average household income $104,061

Age (%)

0 to 19
22%
20 to 34
23%
35 to 49
18%
50 to 64
20%
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