400 The East Mall Ave 107
Islington-City Centre West, Etobicoke, M9B 3Z9
FOR SALE
$499,888
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Property Description
Discover an incredible **investment opportunity** in vibrant Etobicoke! This modern 520 sq. ft., 1-bedroom, 1-bathroom condo offers luxury living at an unbeatable priceless than $1,000 per square foot. With low maintenance fees and a history of being leased out, it's perfect for investors or anyone seeking hassle-free ownership. Conveniently located off Highway 427 and Burnhamthorpe, this condo is just minutes from Sherway Gardens, IKEA, Loblaws, and top dining spots. Access to excellent public transit makes commuting a breeze. Ideal for first-time buyers, professional couples, and investors, this unit combines sleek, stylish interiors with the ease of nearby schools, churches, and childcare facilities. Dont miss your chance to own a modern urban retreat in one of Etobicoke's most sought-after neighbourhoods!"Let me know if you'd like any adjustments!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-08 | 2024-10-13 | 5 | $499,888 | - | Suspended |
| 2024-09-05 | 2024-10-08 | 33 | $509,888 | - | Suspended |
| 2024-07-31 | 2024-09-05 | 36 | $529,888 | - | Suspended |
| 2024-06-16 | 2024-07-23 | 37 | $499,900 | - | Terminated |
Extras
S/S Fridge, S/S Dishwasher, S/S Stove, Built-in Microwave, All light fixtures
Property Features
Park, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,310 (2024)
Basement
None
Exterior
Concrete, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 7.91' x 8.60' | Ceramic Floor, Large Window, Open Concept |
| Living | Main | 16.80' x 11.68' | Combined W/Kitchen, Laminate, Open Concept |
| Kitchen | Main | 16.80' x 11.68' | Breakfast Area, Open Concept, Stainless Steel Appl |
| Prim Bdrm | Main | 8.50' x 8.92' | Laminate, Closet, Large Window |
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Etobicoke Market Statistics
Etobicoke Price Trend
400 The East Mall Ave 107 is a 1-bedroom 1-bathroom townhome listed for sale at $499,888, which is $83,747 (14.3%) lower than the average sold price of $583,635 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 1 bedroom townhome in Etobicoke declined by $142,698 (19.6%) compared to the previous 30 day period (September 23 - October 22) and down $24,615 (4.0%) from the same time one year ago.Inventory Change
There were 22 1-bedroom townhomes listed in Etobicoke over the last 30 days (October 23 - November 21), which is down 33.3% compared with the previous 30 day period (September 23 - October 22) and up 29.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom townhomes in Etobicoke typically sold ($4,282) (0.7%) below asking price over the last 30 days (October 23 - November 21), which represents a $10,051 increase compared to the previous 30 day period (September 23 - October 22) and ($5,475) 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 townhomes in Etobicoke over the last 30 days (October 23 - November 21) stood at 72.7%, up from 18.2% over the previous 30 days (September 23 - October 22) and up from 23.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom townhome in Etobicoke stood at 33 days when successfully sold over the last 30 days (October 23 - November 21), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Hartland Realty Inc.
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