50 Lotherton Ptwy 708
Yorkdale-Glen Park, North York, M6B 2G8
FOR SALE
$388,800
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSW9344277
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Property Description
Just listed! In the heart of North York, this updated in 2024 condo apartment offers rare 3 bedrooms option at an incredible price. Open concept kitchen and en-suite laundry! New counters, new sink. Thousands spent in 2024 updates! Brand new luxury vinyl flooring throughout, no broadloom anywhere, life proof and practical. Brand new low profile stove! Brand new generous size fridge! Elegant, designer light fixtures, everywhere including motion sensor lights in hallway and remote controlled kitchen light. Fully painted, thousands spent on neutral, designer color paint, from ceiling to every baseboard or trim. See virtual staging photo for ideas how to decorate. Move-in ready!
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Extras
This building is away from busy road and traffic, apartment overlooks the greenspace in the middle of the complex. Extensive storage inside the hall closets. Preferred underground parking spot, not outside. Rare 3 bedroom.
Nearby Intersections
Dufferin & Lawrence (107)
Lawrence & Caledonia (24)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$993 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Radiant
Heat Source
Other
Hydro Included
Yes
Air Conditioning
None
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
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North York Market Statistics
North York Price Trend
50 Lotherton Ptwy 708 is a 3-bedroom 1-bathroom condo listed for sale at $388,800, which is $397,352 (50.5%) lower than the average sold price of $786,152 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom condo in North York declined by $58,081 (6.9%) compared to the previous 30 day period (July 20 - August 18) and down $196,964 (20.0%) from the same time one year ago.Inventory Change
There were 252 3-bedroom condos listed in North York over the last 30 days (August 19 - September 17), which is up 28.6% compared with the previous 30 day period (July 20 - August 18) and up 43.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in North York typically sold ($14,850) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $16,028 increase compared to the previous 30 day period (July 20 - August 18) and ($31,772) 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 3-bedroom condos in North York over the last 30 days (August 19 - September 17) stood at 31.3%, down from 31.6% over the previous 30 days (July 20 - August 18) and down from 38.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom condo in North York stood at 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Cityscape Real Estate Ltd.
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