180 Fairview Mall Dr 1601
Don Valley Village, North York, M2J 4T1
FOR SALE
$488,000
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Property Description
This sun-filled condo offers a cozy, warm and inviting atmosphere with a south-facing bedroom and living room, ensuring abundant natural light throughout the day. The walk-in closet provides ample storage, keeping your space neat and organized. Enjoy the summer breeze on the south-facing balcony, the perfect spot to soak up the sun. The open-concept kitchen seamlessly connects to the living area, enhancing the sense of space. The generously sized bathroom allows for extra storage of personal items, while the spacious foyer offers additional room for everyday essentials.Located in an unbeatable location, this condo is just steps away from the library, Fairview Mall, movie theater, and subway station, with easy access to three major highways 414/410/407, making commuting and daily life incredibly convenient. Whether you're a first-time homebuyer looking to get into the market or an investor seeking a prime opportunity, this is the perfect choice. The seller is motivated, and with interest rate cuts on the horizon, now is the time to act!1 Parking Included.Don't miss out on this comfortable and functional home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-18 | 2022-08-19 | 32 | $498,000 | $580,000 | Sold |
Nearby Intersections
Property Features
Clear View, Hospital, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,167 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.42' x 21.23' | Combined W/Dining, Laminate, W/O To Balcony |
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North York Market Statistics
North York Price Trend
180 Fairview Mall Dr 1601 is a 1-bedroom 1-bathroom condo listed for sale at $488,000, which is $71,231 (12.7%) lower than the average sold price of $559,231 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $3,008 (0.5%) compared to the previous 30 day period (December 20 - January 18) and down $36,630 (6.1%) from the same time one year ago.Inventory Change
There were 1,362 1-bedroom condos listed in North York over the last 30 days (January 19 - February 17), which is up 47.6% compared with the previous 30 day period (December 20 - January 18) and up 27.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($14,787) (2.6%) below asking price over the last 30 days (January 19 - February 17), which represents a $1,429 decrease compared to the previous 30 day period (December 20 - January 18) and ($10,396) 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 1-bedroom condos in North York over the last 30 days (January 19 - February 17) stood at 25.6%, down from 34.0% over the previous 30 days (December 20 - January 18) and down from 52.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in North York stood at 34 days when successfully sold over the last 30 days (January 19 - February 17), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with First Class Realty Inc.
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