7 Bishop Ave 1516
Newtonbrook East, North York, M2M 4J4
FOR SALE
$728,888
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BEDROOMS2
BATHROOMS1
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ROOMSC11985819
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Property Description
Rare Find. Corner Unit, bright and spacious 1,235 sq. ft. condo in prime location with unmatched convenience in the Heart of North York ! Nestled in a vibrant community with an exceptional walk score ( 100 ), everything you need is just steps away. Located between Highways 401 & 407 and with Finch Subway Station right across the street and is just minutes from GO Transit and Viva, making commuting effortless. Enjoy stellar building amenities and all-inclusive condo fees for a stress-free lifestyle. The well-designed split 2-bedroom + solarium layout provides the perfect balance of privacy and functionality. Additional perks include two walk-in storage lockers and an oversized parking space for ultimate convenience.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-19 | 2024-01-11 | 23 | $3,350 | $3,350 | Leased |
| 2022-12-13 | 2022-12-20 | 8 | $3,200 | $3,200 | Leased |
| 2021-09-22 | 2021-11-22 | 61 | $2,750 | $2,750 | Leased |
| 2021-07-09 | 2021-09-23 | 76 | $2,800 | - | Terminated |
Nearby Intersections
Property Features
Clear View, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$2,725 (2025)
Basement
None
Exterior
Concrete, Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive (P3)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.51' x 19.69' | Laminate, Combined W/Dining |
| Dining | Main | 8.99' x 9.84' | Laminate, Combined W/Living |
| Kitchen | Main | 8.53' x 15.42' | Ceramic Floor, Eat-In Kitchen |
| Prim Bdrm | Main | 10.01' x 13.78' | W/I Closet, 4 Pc Ensuite |
| 2nd Br | Main | 10.50' x 8.86' | W/W Closet, West View |
| Solarium | Main | 11.15' x 8.86' | Laminate, Sw View |
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North York Market Statistics
North York Price Trend
7 Bishop Ave 1516 is a 2-bedroom 2-bathroom condo listed for sale at $728,888, which is $27,713 (3.7%) lower than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in North York increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in North York over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in North York typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in North York over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in North York stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Gam Realty Inc
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