7 Lorraine Dr 603

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7 Lorraine Dr 603, North York
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C4235106
MLSID
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Property Description
Rarely Offered 3 Bedroom Unit With Plenty Of Upgrade And Renovation. South East Facing Corner Unit. Renovated Kitchen With Quartz Countertops And New Stainless Steel Kitchen Appliances(2017), Newer Bathrooms(2017), Steps To Subway, Shopping, Restaurants, Banks And All Amenities Your May Need.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-08 2023-09-19 11 $4,200 - Terminated
Extras
All Existing [Stainless Steel Fridge, Stove, Microwave With Range Hood, Built-In Dishwasher, Electrical Light Fixtures And Window Coverings. Washer & Dryer. 1 Parking (B-25)
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,494 (2018)
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 25)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain14.50' x 18.21'Laminate, Combined W/Dining, W/O To Balcony
DiningMain14.50' x 18.21'Laminate, Combined W/Living
MasterMain12.11' x 10.20'Laminate, Ensuite Bath, Large Closet
2nd BrMain8.69' x 11.09'Laminate, Window, Large Closet
3rd BrMain9.58' x 7.09'Laminate, Window, Large Closet
North York Market Statistics
North York Price Trend
7 Lorraine Dr 603 is a 3-bedroom 2-bathroom condo listed for sale at $638,000, which is $237,702 (27.1%) 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 Living Realty Inc., Brokerage
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