8 Drummond St 401

Mimico, Etobicoke, M8V 1Y8
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8 Drummond St 401, Etobicoke
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
W4276866
MLSID
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Property Description
Newly Built! Sleek Urban Townhome Living In The Growing Lakeside Neighbourhood Of Mimico! Walk To Ttc & Go (15Min To Union), Parks/Trails/Lake, & Great Schools. This Beautifully Designed 1074 Sf End Unit Has 2 Bdrms & 2 Baths W/ 9Ft Ceilings On The Main Floor, Plus Your Own Bbq Terrace. Tons Of Storage & Modern Finishes Such As Stone Counters, Undermount Sinks, Engineered Laminate Flooring, & Imported Ceramic Tiles Make For A Stylish Yet Functional Sanctuary.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-11-02 2023-01-25 84 $795,000 $760,000 Sold
2018-10-29 2018-11-16 18 $649,000 $635,000 Sold
Extras
Energy Star S/S Appliances: Fridge, Dishwasher, Oven, Range Hood. Stacked Washer & Dryer. All Elf's. Custom Window Coverings (California Shutters). 1 Underground Parking + 1 Locker. Pet-Friendly & Low Maint Fees. Backed By Tarion Warranty.
Property Features
Lake/Pond, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
1000-1199
Taxes
$2,391 (2018)
Basement
None
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (Level A)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain14.67' x 13.16'W/O To Terrace, Open Concept, Laminate
KitchenMain8.50' x 13.85'Eat-In Kitchen, Stainless Steel Appl, Granite Counter
MasterLower10.01' x 9.42'4 Pc Ensuite, His/Hers Closets, Broadloom
2nd BrLower8.99' x 8.01'Window, Large Closet, Broadloom
Etobicoke Market Statistics
Etobicoke Price Trend
8 Drummond St 401 is a 2-bedroom 2-bathroom townhome listed for sale at $679,000, which is $171,416 (20.2%) lower than the average sold price of $850,416 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom townhome in Etobicoke declined by $89,377 (9.5%) compared to the previous 30 day period (January 28 - February 26) and down $31,179 (3.5%) from the same time one year ago.
Inventory Change
There were 159 2-bedroom townhomes listed in Etobicoke over the last 30 days (February 27 - March 27), which is up 24.2% compared with the previous 30 day period (January 28 - February 26) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Etobicoke typically sold $21,972 (2.6%) above asking price over the last 30 days (February 27 - March 27), which represents a $20,470 increase compared to the previous 30 day period (January 28 - February 26) and $15,531 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 townhomes in Etobicoke over the last 30 days (February 27 - March 27) stood at 56.6%, up from 36.7% over the previous 30 days (January 28 - February 26) and down from 62.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Etobicoke stood at 19 days when successfully sold over the last 30 days (February 27 - March 27), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage
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