7 Lorraine Dr 708
Willowdale West, North York, M2N 7H2
FOR SALE
$599,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS3 + 1
ROOMSC9346282
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Property Description
Rarely Offered Extremely Versatile 1 Plus Den That Offers Functionality of 2 Bedroom Suite. Primary Bedroom Boasts His & Her Closets. Den Is A Separate Room With Closet, Sliding Doors & Large Window. It Can Be Used Either As a Second Bedroom or Home Office. Sun-Drenched West Exposure Allows Ample Natural Light In. Bright, Spacious, Absolutely READY For You To Move In. Laminate Flooring Throughout & Stylish Window Coverings. Open Concept Living & Dining. Upgraded Kitchen With Quartz Countertop, Backsplash & All Stainless Steel Appliances. Conveniently Positioned at the Vibrant Intersection of Yonge & Finch, You Enjoy Effortless Access to an Array of Transits From Subway to GO and All Amenities Including Most Trendy Restaurants, Coffee Shops, and Bars. Call It Your New Home and Embrace Everything this Great Neighborhood Has to Offer.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-10 | 2024-07-23 | 74 | $648,000 | - | Terminated |
| 2020-08-05 | 2020-08-24 | 19 | $2,000 | $2,000 | Leased |
| 2019-09-25 | 2019-10-10 | 15 | $518,000 | $518,000 | Sold |
Extras
Full Service Building With 5 Star Amenities Including Guest Suites, Party Room, Gym, Sauna and Indoor Pool.
Nearby Intersections
Yonge & Finch (334)
Yonge & Steeles (235)
Property Features
Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,099 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.38' x 13.91' | Combined W/Dining, Open Concept, Laminate |
| Kitchen | Flat | 9.06' x 7.87' | Breakfast Bar, Stainless Steel Appl, Ceramic Floor |
| Prim Bdrm | Flat | 9.97' x 10.04' | His/Hers Closets, Large Window, Laminate |
| Den | Flat | 7.45' x 10.14' | Closet, Sliding Doors, Large Window |
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North York Market Statistics
North York Price Trend
7 Lorraine Dr 708 is a 1-bedroom 1-bathroom condo listed for sale at $599,000, which is $32,923 (5.8%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in North York over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% 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 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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