7 Lorraine Dr 1203

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7 Lorraine Dr 1203, North York
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C4611788
MLSID
Contact Us
Property Description
Hot Location Luxury Sonata Condo Located In Heart Of North York. Rare Offered 3 Bedroom Se Coner Unit With Open Concept Kitchen. Access To Bus Terminal/Subway Walking Distance & Close To Hwy 401/404. Great Amenities Indoor Pool, Sauna, Party Rm, Gym, Visitors Prking & 24Hr Concierge And Much More. A Good Maintained Clean And Warm Home Is Ready For The New Owner, Please Do Not Miss It.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-10-18 2019-10-28 11 $655,000 $650,000 Sold
Extras
Fridge, Stove, Dishwasher, Washer & Dryer. All Window Coverings
Nearby Intersections
Property Features
Clear View, Library, Park, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,327 (2019)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat17.62' x 20.11'Combined W/Dining, W/O To Balcony
DiningFlat17.62' x 20.11'Combined W/Living
KitchenFlat9.88' x 10.86'Open Concept
MasterFlat10.56' x 11.48'4 Pc Ensuite
2nd BrFlat8.56' x 10.70'Closet
3rd BrFlat9.15' x 15.26'Closet
North York Market Statistics
North York Price Trend
7 Lorraine Dr 1203 is a 3-bedroom 2-bathroom condo listed for sale at $655,000, which is $282,044 (30.1%) lower than the average sold price of $937,044 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom condo in North York increased by $67,394 (7.7%) compared to the previous 30 day period (February 24 - March 24) and up $89,241 (10.5%) from the same time one year ago.
Inventory Change
There were 242 3-bedroom condos listed in North York over the last 30 days (March 25 - April 23), which is up 11.0% compared with the previous 30 day period (February 24 - March 24) and up 57.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in North York typically sold ($4,066) (0.4%) below asking price over the last 30 days (March 25 - April 23), which represents a $2,290 decrease compared to the previous 30 day period (February 24 - March 24) and ($13,021) 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 3-bedroom condos in North York over the last 30 days (March 25 - April 23) stood at 46.7%, up from 39.9% over the previous 30 days (February 24 - March 24) and down from 66.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in North York stood at 26 days when successfully sold over the last 30 days (March 25 - April 23), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc., Brokerage
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