1 Neighbourhood Lane 502
Stonegate-Queensway, Etobicoke, M8Y 0C2
FOR SALE
$529,900
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BEDROOMS1
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Property Description
Step into luxury at the highly sought-after 'Backyard Condos,' where opportunities await. This boutique building is just steps from the scenic Humber Trail, trendy shops, delicious restaurants, and convenient transit, with downtown only minutes away. Enjoy a sun-drenched, 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. The versatile den is ideal for both working from home and entertaining guests. Relax on the expansive balcony, and take advantage of the building's exceptional amenities, including a rooftop terrace with a fire pit, concierge service, a guest suite, visitor parking, and so much more!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
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 $529,900, which is $39,336 (6.9%) lower than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Etobicoke over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 Etobicoke stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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