7 Lorraine Dr 1608

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7 Lorraine Dr 1608, North York
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C4137061
MLSID
Contact Us
Property Description
Bright West Exposure In This Functional Open Concept, 2 Bedroom Unit. 646 Sq Ft (Mpac) Building Has Many Amenities Including Pool, Guest Suites, Party Room, Visitor Parking, Exercise Facilities Etc. Walk To Finch Subway, Restaurants, Shopping Etc. Laminate And Ceramic Floors Throughout
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-26 2023-11-06 11 $620,000 $610,000 Sold
2023-10-11 2023-10-26 15 $499,900 - Terminated
2023-09-05 2023-10-11 36 $679,900 - Terminated
2022-05-18 2022-06-01 14 $749,000 - Terminated
2022-05-18 2022-05-30 12 $2,500 $2,550 Leased
2021-08-12 2021-08-16 4 $2,300 $2,400 Leased
2020-06-22 2020-09-21 91 $2,300 - Expired
2019-07-02 2019-07-06 4 $2,300 $2,350 Leased
Extras
Refrigerator, Stove, Built-In Dishwasher, Washer, Dryer.Window Coverings. Parking P2 #147.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,040 (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 (Level B/Unit 94)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat11.38' x 13.91'Ceramic Floor
DiningFlat5.41' x 7.35'Ceramic Floor
KitchenFlat9.06' x 7.87'Ceramic Floor
MasterFlat9.97' x 10.04'Laminate, Window, Double Closet
2nd BrFlat7.45' x 10.14'Ceramic Floor, Window, Closet
FoyerFlat3.61' x 9.02'Ceramic Floor, Mirrored Closet
North York Market Statistics
North York Price Trend
7 Lorraine Dr 1608 is a 2-bedroom 1-bathroom condo listed for sale at $439,900, which is $364,700 (45.3%) lower than the average sold price of $804,600 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in North York increased by $16,555 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $8,624 (1.1%) from the same time one year ago.
Inventory Change
There were 1,466 2-bedroom condos listed in North York over the last 30 days (March 26 - April 24), which is up 21.0% compared with the previous 30 day period (February 25 - March 25) and up 36.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in North York typically sold ($9,449) (1.2%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,479 increase compared to the previous 30 day period (February 25 - March 25) and ($7,124) 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 2-bedroom condos in North York over the last 30 days (March 26 - April 24) stood at 48.0%, up from 45.6% over the previous 30 days (February 25 - March 25) and down from 63.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in North York stood at 24 days when successfully sold over the last 30 days (March 26 - April 24), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Credit Valley Real Estate, Brokerage
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