7 Lorraine Dr 1703

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7 Lorraine Dr 1703, North York
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C3903789
MLSID
Contact Us
Property Description
Rare Spacious Newly Renovated 3 Bdrm 2 Wr Luxury Condo In The Most Desired Location!!! Bright Corner Unit With Floor To Ceiling Windows. Best Transportation Access W/ Finch Bus Terminals & Subway Within Minutes Of Walking, And 401/404 With Minimal Driving. Restaurants, Bars, Shops, Barbers, And All Amenities Nearby. Kitchen Features Granite Counter-Top, Laminate Flooring Throughout. Double Under-Mount Sink. Very Friendly Management Team, And 24 Hr Security.
Extras
S/S Fridge, Stove, Dishwasher. Washer And Dryer, All Elfs, And All Window Coverings.
Property Features
Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,200 (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
Room Summary
RoomLevelSizeFeatures
LivingFlat59.71' x 47.57'Combined W/Dining, Open Concept, Laminate
DiningFlat59.71' x 47.57'Combined W/Living, Open Concept, Laminate
KitchenFlat25.59' x 27.23'Stainless Steel Appl, Granite Counter, Tile Floor
MasterFlat39.73' x 33.46'3 Pc Ensuite, Closet, Laminate
2nd BrFlat28.54' x 36.42'Closet, Window Flr To Ceil, Laminate
3rd BrFlat31.50' x 23.29'Closet, Window Flr To Ceil, Laminate
North York Market Statistics
North York Price Trend
7 Lorraine Dr 1703 is a 3-bedroom 2-bathroom condo listed for sale at $626,000, which is $249,702 (28.5%) 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 Homelife Landmark Realty Inc., Brokerage
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