701 Sheppard Ave W 231
Alderwood, North York, M3H 2S7
FOR SALE
$524,000
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Property Description
exceptional Location. Close To Shopping, Transit, Yorkdale. Quick access to the 400/401. Close to Sheppard West Subway Station and bus routes, This 1 Bedroom/ 1 Bath unit in Portrait Condominiums is the definition of Value! Amenities include 24/7 Security, Rooftop Patio With Great Vews, Fitness Centre, Party room. Close to Sheppard West Subway Station and bus routes, At This Price It Won't Last Long.
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Nearby Intersections
Sheppard & Allen (57)
Bathurst & Sheppard (41)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$7,110 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned (B/97)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.66' x 14.01' | Combined W/Dining, W/O To Balcony |
| Dining | Flat | 10.66' x 14.01' | Combined W/Living |
| Br | Flat | 10.17' x 11.58' | Closet |
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North York Market Statistics
North York Price Trend
701 Sheppard Ave W 231 is a 1-bedroom 1-bathroom condo listed for sale at $524,000, which is $33,110 (5.9%) 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 Re/Max West Realty Inc.
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