7 Lorraine Dr Lph01

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7 Lorraine Dr Lph01, North York
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
C3814277
MLSID
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Property Description
Bright, Spacious And Rare 3Br+Den Unit In Sonata Building, In The Heart Of North York, Just Steps From Finch Subway Station. 992 Sq.Ft (Mpac) + Balcony. Unobstructed East View. Brand New Laminate Flooring In 2nd And 3rd Br. Laminate Flooring Through Out. Granite Flooring In Kitchen, Foyer And Bathroom. Walking Distance To Parks,Schools, Restaurants And Entertainment. Bonus: 90 Days Home System And Appliances Warranty At No Cost To Buyer. Check Virtual Tour
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-17 2021-02-16 91 $2,600 $2,500 Leased
2019-10-25 2019-11-05 11 $3,300 $3,300 Leased
Extras
Fridge, Stove, B/I Dishwasher, Washer, Dryer,All Elfs, All Window Coverings, Parking # P1-119 And Locker # P2-10
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,896 (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 (P1)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat16.83' x 15.35'Laminate, W/O To Balcony, East View
DiningFlat15.35' x 16.83'Laminate, Combined W/Living, East View
KitchenFlat7.22' x 10.99'Granite Floor, Granite Counter, Open Concept
DenFlat7.48' x 8.86'Laminate, Combined W/Living, Open Concept
MasterFlat10.63' x 16.17'Laminate, Mirrored Closet, Ensuite Bath
2nd BrFlat10.01' x 15.26'Laminate, Mirrored Closet, East View
3rd BrFlat8.60' x 11.32'Laminate, Mirrored Closet, East View
North York Market Statistics
North York Price Trend
7 Lorraine Dr Lph01 is a 3-bedroom 2-bathroom condo listed for sale at $698,800, which is $176,902 (20.2%) lower than the average sold price of $875,702 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom condo in North York declined by $102,051 (10.4%) compared to the previous 30 day period (January 28 - February 26) and down $45,326 (4.9%) from the same time one year ago.
Inventory Change
There were 227 3-bedroom condos listed in North York over the last 30 days (February 27 - March 27), which is up 13.5% compared with the previous 30 day period (January 28 - February 26) and up 40.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in North York typically sold ($741) (0.1%) below asking price over the last 30 days (February 27 - March 27), which represents a $28,995 increase compared to the previous 30 day period (January 28 - February 26) and ($25,840) 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 (February 27 - March 27) stood at 40.1%, up from 35.5% over the previous 30 days (January 28 - February 26) and down from 51.9% 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 28 days when successfully sold over the last 30 days (February 27 - March 27), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Kingsway Real Estate Brokerage, Brokerage
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