7 Lorraine Dr 1505

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7 Lorraine Dr 1505, North York
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C4064855
MLSID
Contact Us
Property Description
Hard To Find 3 Bdrm Condo In Highly Desirable Yonge And Finch Area. This Corner Unit Boasts Off 2 Modern Full Washrooms, Open Concept Area, Beautiful Crown Mouldings, All Bedrooms With A View, Balcony With Even Amazing Southwest View, Steps To Subway, Viva Go, Schools, Restaurants, And So Much More. Building Has Concierge, Security, And Fantastic Amenities.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-06-06 2022-06-14 8 $3,200 $3,200 Leased
2019-09-29 2019-10-01 2 $3,000 $3,000 Leased
Extras
Existing Stove, Fridge, Dishwasher, Washer And Dryer, All Elfs, Window Coverings And Parking Spot.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,594 (2017)
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
LivingFlat14.44' x 19.03'Combined W/Dining, Laminate, W/O To Balcony
DiningFlat14.44' x 19.03'Combined W/Living, Laminate
KitchenFlat8.17' x 12.47', Ceramic Floor
MasterFlat10.14' x 11.78'4 Pc Ensuite, Laminate, 4 Pc Ensuite
BrFlat6.50' x 11.12', Laminate
BrFlat7.84' x 9.48', Laminate
North York Market Statistics
North York Price Trend
7 Lorraine Dr 1505 is a 3-bedroom 2-bathroom condo listed for sale at $628,000, which is $314,154 (33.3%) lower than the average sold price of $942,154 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom condo in North York increased by $16,073 (1.7%) compared to the previous 30 day period (February 19 - March 19) and up $102,889 (12.3%) from the same time one year ago.
Inventory Change
There were 246 3-bedroom condos listed in North York over the last 30 days (March 20 - April 18), which is up 16.0% compared with the previous 30 day period (February 19 - March 19) and up 57.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in North York typically sold ($3,302) (0.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $17,260 increase compared to the previous 30 day period (February 19 - March 19) and ($8,045) 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 20 - April 18) stood at 46.3%, up from 42.5% over the previous 30 days (February 19 - March 19) and down from 67.9% 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 24 days when successfully sold over the last 30 days (March 20 - April 18), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc., Brokerage
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