115 Lotherton Ptwy

FOR SALE
$679,900
115 Lotherton Ptwy, North York
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
115 Lotherton Ptwy
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 1
ROOMS
W11971199
MLSID
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Property Description
*RARE END UNIT* 4-bedroom (3+1) townhouse in a prime location! This spacious three-story home offers versatility and investment potential with two kitchens, two full 4-piece bathrooms, and a separate entrance to the main floor unit. Freshly painted and featuring hardwood flooring throughout - this unit is move-in ready! Many utilities are included in the maintenance fees, adding to its affordability. Located just minutes from TTC, Hwy 401, grocery stores, banks, Yorkdale Mall, schools, and parks, this home offers unparalleled convenience. A fantastic choice for first-time buyers, with the bonus of a rental unit that could generate potentially $1,500/month helping to offset mortgage costs. Whether you're looking for a great starter home or a high-demand rental property with strong cash flow, this is an opportunity you don't want to miss!
Nearby Intersections
Property Details
Property Type
Condo Apt, 3-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$2,103 (2024)
Basement
Sep Entrance, W/O
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Kitchen2nd8.17' x 10.17'Ceramic Floor
Living2nd10.04' x 18.01'Hardwood Floor, Large Window, Combined W/Dining
Dining2nd10.04' x 18.01'Hardwood Floor, Combined W/Living
Prim Bdrm3rd12.47' x 13.09'Hardwood Floor, Window, Closet
2nd Br3rd9.19' x 10.83'Hardwood Floor, Window, Closet
3rd Br3rd6.89' x 10.14'Hardwood Floor, Window, Closet
North York Market Statistics
North York Price Trend
115 Lotherton Ptwy is a 3-bedroom 2-bathroom condo listed for sale at $679,900, which is $522,633 (43.5%) lower than the average sold price of $1,202,533 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom condo in North York increased by $358,140 (42.4%) compared to the previous 30 day period (December 22 - January 20) and up $309,595 (34.7%) from the same time one year ago.
Inventory Change
There were 216 3-bedroom condos listed in North York over the last 30 days (January 21 - February 19), which is up 47.9% compared with the previous 30 day period (December 22 - January 20) and up 9.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in North York typically sold ($28,974) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $467 increase compared to the previous 30 day period (December 22 - January 20) and ($24,701) 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 3-bedroom condos in North York over the last 30 days (January 21 - February 19) stood at 23.1%, down from 34.2% over the previous 30 days (December 22 - January 20) and down from 35.5% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Union Capital Realty
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