7 Bishop Ave 2401
Newtonbrook East, North York, M2M 4J4
FOR SALE
$948,000
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Property Description
Dare To Compare, Gorgeous Penthouse Unit, Clean, Very Bright South Exposure, Unobstructed City View, 9' Ceiling. Hardwood Floor Throughout. Modern Kitchen With Custom Cabinetry. Very Convenient Location, Direct Underground Access To Finch Subway Station. Go & Ttc Right At Doorstep. 24 Hrs Concierge, Maintenance Fee Includes All Utilities. Flex Closing, Property tax is 2024 interim
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-23 | 2023-12-21 | 59 | $958,000 | - | Terminated |
| 2022-04-22 | 2022-05-27 | 35 | $998,000 | - | Terminated |
Extras
Fridge, Stove, B/I Dw, Microwave, Washer & Dryer, Elfs. All Window Coverings, 1 Parking (P1-102) & 2 Lockers (P1-A146/A147)
Nearby Intersections
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1800-1999
Taxes
$1,626 (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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 9.42' x 17.49' | Closet |
| Living | Flat | 18.83' x 12.53' | Hardwood Floor, Sw View |
| Kitchen | Flat | 10.01' x 21.26' | Tile Floor, Granite Counter |
| Prim Bdrm | Flat | 19.85' x 35.83' | Hardwood Floor, 4 Pc Ensuite, South View |
| 2nd Br | Flat | 14.76' x 17.91' | Hardwood Floor, 3 Pc Ensuite |
| Office | Flat | 18.34' x 10.79' | Hardwood Floor, Fireplace, South View |
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North York Market Statistics
North York Price Trend
7 Bishop Ave 2401 is a 2-bedroom 3-bathroom condo listed for sale at $948,000, which is $136,513 (16.8%) higher than the average sold price of $811,487 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 2 bedroom condo in North York increased by $22,530 (2.9%) compared to the previous 30 day period (February 28 - March 28) and up $3,426 (0.4%) from the same time one year ago.Inventory Change
There were 1,502 2-bedroom condos listed in North York over the last 30 days (March 29 - April 27), which is up 19.0% compared with the previous 30 day period (February 28 - March 28) and up 34.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in North York typically sold ($11,298) (1.4%) below asking price over the last 30 days (March 29 - April 27), which represents a $1,104 increase compared to the previous 30 day period (February 28 - March 28) and ($6,581) 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 (March 29 - April 27) stood at 44.7%, down from 48.4% over the previous 30 days (February 28 - March 28) and down from 64.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in North York stood at 25 days when successfully sold over the last 30 days (March 29 - April 27), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Frontier Realty Inc.
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