725 Don Mills Rd PH07

FOR SALE
$549,900
725 Don Mills Rd PH07, North York
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
725 Don Mills Rd PH07
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C9358008
MLSID
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Property Description
Location! Location! Location! Newly Renovated Condo Apartment in the Heart of East York. This 2 Bedroom Penthouse Corner Unit has an Unobstructed View with Plenty of Natural Light. Property Features a Very Functional Layout, Brand New Appliances, Modern Finishes, In Unit Laundry, Parking and Locker. Perfect for first time home buyers or investors. Very convenient location with the TTC at your doorstep. Close to all Amenities such as Schools, Restaurants East York Town Centre, Iqbal Halal Foods, Places of Worship, Costco, and Parks. Easy Access to DVP and 401. Downtown Only a Short Drive Away. Nearby the upcoming LRT. Maintenance Fees include all Utilities.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-06 2024-04-26 82 $500,000 $450,000 Sold
Nearby Intersections
Property Features
Hospital, Place Of Worship, Public Transit, School, School Bus Route
Property Details
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,293 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
None
Parking Spaces
1
Parking 1
Exclusive (Upper)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain11.09' x 19.65'
DiningMain8.01' x 8.56'
KitchenMain7.87' x 10.10'
BrMain10.04' x 16.37'
2nd BrMain8.76' x 14.27'
North York Market Statistics
North York Price Trend
725 Don Mills Rd PH07 is a 2-bedroom 1-bathroom condo listed for sale at $549,900, which is $237,830 (30.2%) lower than the average sold price of $787,730 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 2 bedroom condo in North York increased by $19,976 (2.6%) compared to the previous 30 day period (August 5 - September 3) and down $1,403 (0.2%) from the same time one year ago.
Inventory Change
There were 1,731 2-bedroom condos listed in North York over the last 30 days (September 4 - October 3), which is up 82.6% compared with the previous 30 day period (August 5 - September 3) and up 12.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in North York typically sold ($17,478) (2.2%) below asking price over the last 30 days (September 4 - October 3), which represents a $297 increase compared to the previous 30 day period (August 5 - September 3) and ($12,044) 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 (September 4 - October 3) stood at 27.6%, down from 45.4% over the previous 30 days (August 5 - September 3) and down from 30.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in North York stood at 30 days when successfully sold over the last 30 days (September 4 - October 3), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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