16 Cumberland Lane

South West, Ajax, L1S 7K4
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16 Cumberland Lane, Ajax
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 2
ROOMS
E3727406
MLSID
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Property Description
Stunning End Unit, 3 Level Townhouse In A Desirable Location. Main Floor Features Open Concept Layout, Tons Of Natural Light And Wide Planked Hardwood Floors. Sit Back And Cozy Up To The Beautiful Stone Fireplace In The Living Room. Enjoy The Entertainer's Kitchen With Oversized Island, S/S Appliances (Including A Double Wide Fridge) And W/O To A Private Balcony. Master Bedroom Retreat With W/I Closet. Large Upstairs Bathroom With Fireplace. It Has It All!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-03-25 2020-03-30 5 $464,900 $475,000 Sold
Extras
Lower Level Has Additional W/O To Patio. Minutes To Amenities, Shopping And Schools. Including Fridge, Stove, Range Hood, Dishwasher, Microwave, Washer And Dryer.
Property Details
Community
City
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1600-1799
Taxes
$3,706 (2016)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain28.87' x 13.52'Combined W/Dining, Hardwood Floor, W/O To Balcony
DiningMain28.87' x 13.52'Combined W/Living, Hardwood Floor, Window
KitchenMain18.04' x 12.30'Granite Counter, Hardwood Floor, W/O To Balcony
MasterUpper18.04' x 13.32'W/I Closet, Laminate, Large Window
2nd BrUpper14.76' x 13.45'Double Closet, Laminate, Bow Window
3rd BrLower13.45' x 9.84', Ceramic Floor, W/O To Patio
Ajax Market Statistics
Ajax Price Trend
16 Cumberland Lane is a 2-bedroom 2-bathroom townhome listed for sale at $389,900, which is $361,100 (48.1%) lower than the average sold price of $751,000 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom townhome in Ajax declined by $47,500 (5.9%) compared to the previous 30 day period (February 24 - March 24) and up $86,000 (12.9%) from the same time one year ago.
Inventory Change
There were 9 2-bedroom townhomes listed in Ajax over the last 30 days (March 25 - April 23), which is up 350.0% compared with the previous 30 day period (February 24 - March 24) and up 800.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Ajax typically sold $12,000 (1.6%) above asking price over the last 30 days (March 25 - April 23), which represents a $8,167 decrease compared to the previous 30 day period (February 24 - March 24) and $66,000 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom townhomes in Ajax over the last 30 days (March 25 - April 23) stood at 55.6%, down from 150.0% over the previous 30 days (February 24 - March 24) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Ajax stood at 31 days when successfully sold over the last 30 days (March 25 - April 23), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Legacy Ltd., Brokerage
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