8 Olympic Garden Dr 2601
Newtonbrook East, North York, M2M 0B9
FOR SALE
$785,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSC9368373
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Property Description
Remarkable layout with 1 Bedroom and Den ideal for the office or 2nd bedroom, 2 Washroom, Ideal for the Office or 2nd Bedroom with 10-Foot Ceilings, creating an Expansive and Inviting Atmosphere. Enjoy a Modern Kitchen with High-End Appliances and Ample Storage with Parking. Large Bottom to Ceiling Balcony and Window large windows.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,419 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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North York Market Statistics
North York Price Trend
8 Olympic Garden Dr 2601 is a 1-bedroom 2-bathroom condo listed for sale at $785,000, which is $217,285 (38.3%) higher than the average sold price of $567,715 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $3,635 (0.6%) compared to the previous 30 day period (July 29 - August 27) and down $51,851 (8.4%) from the same time one year ago.Inventory Change
There were 1,657 1-bedroom condos listed in North York over the last 30 days (August 28 - September 26), which is up 42.1% compared with the previous 30 day period (July 29 - August 27) and up 4.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($10,417) (1.8%) below asking price over the last 30 days (August 28 - September 26), which represents a $2,719 decrease compared to the previous 30 day period (July 29 - August 27) and ($7,754) 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 28 - September 26) stood at 29.7%, down from 43.7% over the previous 30 days (July 29 - August 27) and up from 27.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in North York stood at 32 days when successfully sold over the last 30 days (August 28 - September 26), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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