25 Cumberland Lane 507
South West, Ajax, L1S 7K1
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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSE3762015
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Property Description
Rare Gem*-Spectacular, Panoramic Views Of Lake+Park From All Rms-See V/Tour*Wall To Wall,Flr To Ceiling Wndws*Corner Unit,S/E Exp-Bright/Sunny* Huge Lr/Dr-Bring Your Furn.*1,438'*Huge Entr.Foyer*Big Kit W/Loads Of C/Top Space-Eat In Area*Sp.W/In Lndry/Storage+Lckr*2Pkg.*Granite C/Top, Cer Bksplash,Under Counter Lights.*Upgr M/En-Ste-Enlgd Glass Shwr W/Thermo Control, Newer 6' Soaker Tub+2nd 4Pc.*Mbr W/Triple Cl+Dbl Linen Closet*2nd Br Used As Den*
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-11 | 2023-05-15 | 4 | $799,900 | $780,000 | Sold |
Extras
Sobey's/Plaza; Hosp; Dwntwn Ajax; Big Box Shoppg; 401; Go; Durham Transit At Doorsteps*Therapeutic, Nature Lover's Paradise W/City Conv.*Fab.Rec.Centre*Incl-Fridge,
Property Features
Clear View, Grnbelt/Conserv, Hospital, Lake/Pond, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$3,989 (2016)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.94' x 16.90' | Combined W/Dining, Broadloom, Overlook Water |
| Dining | Main | 13.94' x 16.90' | Combined W/Living, Broadloom, Overlook Water |
| Kitchen | Main | 8.73' x 13.52' | Renovated, Ceramic Floor, Eat-In Kitchen |
| Breakfast | Main | 8.73' x 10.33' | Breakfast Bar, Ceramic Floor, Overlook Water |
| Master | Main | 11.02' x 13.94' | 5 Pc Ensuite, Broadloom, Overlook Water |
| 2nd Br | Main | 9.22' x 14.11' | Closet, Broadloom, Overlook Water |
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Ajax Market Statistics
Ajax Price Trend
25 Cumberland Lane 507 is a 2-bedroom 2-bathroom condo listed for sale at $549,900, which is $24,900 (4.7%) higher than the average sold price of $525,000 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Ajax declined by $65,000 (11.0%) compared to the previous 30 day period (February 25 - March 25) and down $76,250 (12.7%) from the same time one year ago.Inventory Change
There were 5 2-bedroom condos listed in Ajax over the last 30 days (March 26 - April 24), which is down 16.7% compared with the previous 30 day period (February 25 - March 25) and up 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Ajax typically sold $25,000 (4.8%) above asking price over the last 30 days (March 26 - April 24), which represents a $9,200 increase compared to the previous 30 day period (February 25 - March 25) and ($8,924) more 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 condos in Ajax over the last 30 days (March 26 - April 24) stood at 20.0%, down from 33.3% over the previous 30 days (February 25 - March 25) 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 condo in Ajax stood at 10 days when successfully sold over the last 30 days (March 26 - April 24), compared to 22 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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