188 Fairview Mall Dr Dr 703
Don Valley Village, North York, M2J 4T1
FOR SALE
$498,000

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Property Description
Luxury living in unit 703 -188 Fairview Mall Dr. Like new beautiful bright 1 bedroom 9ft high ceiling unit with floor to ceiling windows. Modern kitchen with quartz countertop, movable kitchen island, and stainless steel appliances. Spacious locker for extra storage. Enjoy access to fantastic amenities in the building such as gym, yoga, fitness room, rooftop deck, bbqs, concierge, and more. Prime location: across from Fairview Mall, steps from Don Mills subway station, easy access to highways 404 & 401, close to Seneca college, schools, shops, libraries, and much more.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,087 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Built-In
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North York Market Statistics
North York Price Trend
188 Fairview Mall Dr Dr 703 is a 1-bedroom 1-bathroom condo listed for sale at $498,000, which is $59,110 (10.6%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in North York over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Best Union Realty Inc.
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