1 Neighbourhood Lane 502
Stonegate-Queensway, Etobicoke, M8Y 0C2
FOR SALE
$519,900
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Property Description
Step into luxury at the highly sought-after 'Backyard Condos.' This boutique building is just steps from the scenic Humber Trail, trendy shops, restaurants, TTC and highway access - with downtown only minutes away. Enjoy a beautiful light-filled suite with a stunning west-facing exposure. The open-concept, modern kitchen is beautifully upgraded, and the suite boasts soaring 9' ceilings and wide plank flooring. 525 sq ft. The versatile den with built-in coffee bar can be used as an office, dining room, extra living etc. Beautiful and spacious balcony. Take advantage of the building's exceptional amenities, including a rooftop terrace with a fire pit, concierge service, a guest suite, visitor parking and more.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-23 | 2024-11-26 | 64 | $529,900 | - | Terminated |
2024-07-25 | 2024-09-23 | 60 | $539,900 | - | Terminated |
2021-05-26 | 2021-06-18 | 23 | $555,000 | - | Terminated |
Property Features
Beach, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,899 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level A Unit 4)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.58' x 11.09' | Laminate, Combined W/Dining, W/O To Balcony |
Dining | Main | 11.58' x 11.09' | Combined W/Living, Laminate, Open Concept |
Kitchen | Main | 11.58' x 11.09' | Open Concept, Stainless Steel Appl, Quartz Counter |
Den | Main | 5.87' x 9.51' | B/I Bar, B/I Shelves, Laminate |
Br | Main | 9.06' x 9.58' | Window, Closet, Laminate |
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Etobicoke Market Statistics
Etobicoke Price Trend
1 Neighbourhood Lane 502 is a 1-bedroom 1-bathroom condo listed for sale at $519,900, which is $47,011 (8.3%) lower than the average sold price of $566,911 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke declined by $2,289 (0.4%) compared to the previous 30 day period (October 12 - November 10) and down $14,503 (2.5%) from the same time one year ago.Inventory Change
There were 1,188 1-bedroom condos listed in Etobicoke over the last 30 days (November 11 - December 10), which is up 13.8% compared with the previous 30 day period (October 12 - November 10) and up 27.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($12,181) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $1,261 decrease compared to the previous 30 day period (October 12 - November 10) and ($15,690) more 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 Etobicoke over the last 30 days (November 11 - December 10) stood at 47.1%, down from 52.3% over the previous 30 days (October 12 - November 10) and up from 44.0% 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 Etobicoke stood at 27 days when successfully sold over the last 30 days (November 11 - December 10), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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