7 Lorraine Dr 1609

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7 Lorraine Dr 1609, North York
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C3731719
MLSID
Contact Us
Property Description
Steps Away From Finch Station This 1 Plus Den Condo Is A Perfect Home. Great Layout With Walkout To A Balcony And A Large Living / Dining Area Combined With A Den. Located In The Heart Of North York With Restaurants, Library, Community Centres, Cinema, Theatre, Parks And Lots Of Entertainment All Around. Act Fast, This Condo Will Be Sold Quickly! Amenities Include Pool, Gym, Party Room And Concierge.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-01-24 2022-02-03 11 $558,000 $695,000 Sold
Extras
Fridge, Stove, Hoodfan, Built In Dishwasher, Washer And Dryer. All Appliances Are Working And Sold 'As Is'.
Property Features
Library, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,078 (2016)
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
North York Market Statistics
North York Price Trend
7 Lorraine Dr 1609 is a 1-bedroom 1-bathroom condo listed for sale at $325,000, which is $277,501 (46.1%) lower than the average sold price of $602,501 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $865 (0.1%) compared to the previous 30 day period (March 8 - April 6) and down $28,451 (4.5%) from the same time one year ago.
Inventory Change
There were 1,967 1-bedroom condos listed in North York over the last 30 days (April 7 - May 6), which is up 60.2% compared with the previous 30 day period (March 8 - April 6) and up 72.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($8,143) (1.4%) below asking price over the last 30 days (April 7 - May 6), which represents a $1,822 increase compared to the previous 30 day period (March 8 - April 6) and ($1,155) 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 (April 7 - May 6) stood at 30.9%, down from 55.9% over the previous 30 days (March 8 - April 6) and down from 67.8% 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 (April 7 - May 6), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Wynter Inc., Brokerage
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