2 Rean Dr 706

FOR SALE
$488,000
2 Rean Dr 706, North York
2 Rean Dr 706
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C11952266
MLSID
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Property Description
Location Location Location! NY Towers- The Waldorf by the Daniels Corporation. Great for 1st time home buyers or downsizers, bright spacious 1 bedroom, open concept, balcony facing east, parking, locker, approx. 579 square feet as per MPAC, new dishwasher, vanity, freshly painted, located in the heart of North York, walking distance to Bayview Village shopping centre, restaurants, YMCA, TTC subway station, easy access to 401 & 404, Show & Sell!
Nearby Intersections
Property Features
Golf, Hospital, Park, Place Of Worship, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,953 (2024)
Basement
None
Exterior
Concrete
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
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat11.32' x 24.08'Laminate, W/O To Balcony
KitchenFlat7.84' x 8.43'
Prim BdrmFlat10.07' x 12.01'Laminate, W/I Closet
North York Market Statistics
North York Price Trend
2 Rean Dr 706 is a 1-bedroom 1-bathroom condo listed for sale at $488,000, which is $69,110 (12.4%) 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 Royal Lepage Real Estate Services Ltd.
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