5508 Yonge St 2501

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5508 Yonge St 2501, North York
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C4167388
MLSID
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Property Description
Prime Location! A Must See Very Spacious 1Bedroom+Den Located In The Heart Of North York. One Of The Best 1+Den Layout In The Building. Large Den Has A Door And Can Be Used As 2nd Brm. Bright South/East Facing Unit W/ Unobstructed View. 90 Sq Ft Large Balcony With 2 Walkouts. Only Steps To Finch Subway Station, Groceries, Community Centre, Hendon Park, Restaurants & More. Everything You Need Is On Your Doorstep! 1 Parking & 1 Locker Included. Won't Last Long!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-03-31 2023-04-08 8 $2,750 $2,750 Leased
2023-01-24 2023-02-03 10 $680,000 $676,000 Sold
2022-02-17 2022-03-16 26 $2,300 $2,300 Leased
Extras
Fridge, Stove, Dishwasher, Kitchen Hood, Stacked Washer/Dryer, All Elfs, All Existing Window Coverings. 1 Parking & 1 Locker Included.
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,269 (2018)
Basement
None
Exterior
Concrete, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 21.26'Laminate, W/O To Balcony, Combined W/Dining
DiningFlat14.17' x 21.26'Laminate, Open Concept, Combined W/Living
KitchenFlat10.01' x 7.97'Ceramic Floor, Breakfast Bar, Open Concept
MasterFlat9.74' x 11.15'Laminate, W/O To Balcony
DenFlat8.66' x 7.19'Laminate, French Doors
North York Market Statistics
North York Price Trend
5508 Yonge St 2501 is a 1-bedroom 1-bathroom condo listed for sale at $525,000, which is $76,419 (12.7%) lower than the average sold price of $601,419 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 1 bedroom condo in North York increased by $4,160 (0.7%) compared to the previous 30 day period (January 29 - February 27) and down $13,480 (2.2%) from the same time one year ago.
Inventory Change
There were 1,430 1-bedroom condos listed in North York over the last 30 days (February 28 - March 28), which is up 23.7% compared with the previous 30 day period (January 29 - February 27) and up 31.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($10,838) (1.8%) below asking price over the last 30 days (February 28 - March 28), which represents a $600 decrease compared to the previous 30 day period (January 29 - February 27) and ($7,678) 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 1-bedroom condos in North York over the last 30 days (February 28 - March 28) stood at 45.3%, down from 48.7% over the previous 30 days (January 29 - February 27) and down from 65.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in North York stood at 26 days when successfully sold over the last 30 days (February 28 - March 28), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Inc., Brokerage
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