70 Cumberland Lane 702

South West, Ajax, L1S 7K4
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70 Cumberland Lane 702, Ajax
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
E3920089
MLSID
Contact Us
Property Description
Breakers Waterfront Penthouse Condo ~ Popular Bright, Sunny 1324 Sf Windjammer Model ~ Ph Level Has 9' Ceilings & Only 3 Suites ~ Huge Almost Sq Living/Dining Easily Accommodates Full-Sized Home Furnishings! Western Exposure With Direct South View From Solarium To See The Lake, Park & Cn Tower ~ Incl 2 Parking & Locker ~ Well Loved & Gently Used By Original Owner For 23 Years.
Extras
All Window Coverings Incl All New Vertical Blinds, Sunshade Roller Blinds & Cellular Shades/Skylights-Sol. ($4800 May 2016) Heat Pump ($5500 Nov. 2011) ~ Master Bedroom Also Includes Blackout Drapes. All Elf's, Fridge, Stove, B/I Dw, W/D.
Property Features
Clear View, Grnbelt/Conserv, Hospital, Library, Public Transit, Waterfront
Property Details
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$4,212 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (A)
Parking 2
Owned (A)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
FoyerFlat4.46' x 5.74'Marble Floor, Mirrored Closet, Pantry
KitchenFlat9.25' x 13.25'Illuminated Ceiling, B/I Dishwasher, Ceramic Floor
LivingFlat11.15' x 21.59'Combined W/Dining, West View, W/O To Sunroom
DiningFlat10.07' x 17.85'Broadloom, West View
SolariumFlat5.58' x 9.88'Skylight, Sw View, Overlook Water
MasterFlat11.09' x 15.49'Walk Through, Closet Organizers, 5 Pc Ensuite
2nd BrFlat9.91' x 12.14'Double Closet, Closet Organizers, Broadloom
Ajax Market Statistics
Ajax Price Trend
70 Cumberland Lane 702 is a 2-bedroom 2-bathroom condo listed for sale at $479,000, which is $46,000 (8.8%) lower than the average sold price of $525,000 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom condo in Ajax declined by $65,000 (11.0%) compared to the previous 30 day period (February 24 - March 24) and down $100,000 (16.0%) from the same time one year ago.
Inventory Change
There were 5 2-bedroom condos listed in Ajax over the last 30 days (March 25 - April 23), which is down 16.7% compared with the previous 30 day period (February 24 - March 24) and up 25.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Ajax typically sold $25,000 (4.8%) above asking price over the last 30 days (March 25 - April 23), which represents a $9,200 increase compared to the previous 30 day period (February 24 - March 24) and ($11,900) 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 2-bedroom condos in Ajax over the last 30 days (March 25 - April 23) stood at 20.0%, down from 33.3% over the previous 30 days (February 24 - March 24) and down from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Ajax stood at 10 days when successfully sold over the last 30 days (March 25 - April 23), compared to 22 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Heritage Realty Inc., Brokerage
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