8 Olympic Garden Dr 417
Newtonbrook East, North York, M2M 0B9
FOR SALE
$499,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC10433657
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Property Description
Prime location in North York at Yonge/Cummer. The brand new 1 BR + Den unit is in the most in-demand location in the heart of North York. 9' ceiling / Laminate flooring. Open-concept kitchen, living and dining room. Features include a luxury kitchen with quartz countertops, built-in appliances, soft-close cabinetry. Amenities include a gym, party room, visitor parking, 24/7 concierge, business center, wellness area, fitness center, landscaped courtyard garden, yoga studio, outdoor yoga deck, weight training and cardio equipment, saunas, movie theatre and games room, outdoor lounge and BBQ areas, indoor party rooms, and guest suites. Just 3 minutes to TTC Finch Subway Station and GO Bus, and steps to schools, parks, restaurants, and shopping centers.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-06 | 2024-11-19 | 13 | $575,000 | - | Terminated |
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,784 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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North York Market Statistics
North York Price Trend
8 Olympic Garden Dr 417 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $60,231 (10.8%) lower than the average sold price of $559,231 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $3,008 (0.5%) compared to the previous 30 day period (December 20 - January 18) and down $36,630 (6.1%) from the same time one year ago.Inventory Change
There were 1,362 1-bedroom condos listed in North York over the last 30 days (January 19 - February 17), which is up 47.6% compared with the previous 30 day period (December 20 - January 18) and up 27.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($14,787) (2.6%) below asking price over the last 30 days (January 19 - February 17), which represents a $1,429 decrease compared to the previous 30 day period (December 20 - January 18) and ($10,396) 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 19 - February 17) stood at 25.6%, down from 34.0% over the previous 30 days (December 20 - January 18) and down from 52.6% 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 (January 19 - February 17), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Frontier Realty Inc.
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