7 SMITH Cres 527
Stonegate-Queensway, Etobicoke, M8Z 0G3
FOR SALE
$545,000
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Property Description
Enjoy boutique living in this well maintained, absolutely Beautiful One Bedroom unit with a Breathtaking view in the sought after Queensway & Royal York area. This Bright condo features high concrete Ceilings, laminate floors, Floor-To-Ceiling Windows, an Open Concept Living/Dining, Modern Kitchen W/ B/I fridge and dishwasher, Center Island & Quartz Countertop, Spacious bedroom with a large window & closet and a private balcony. The building has a modern black appearance adding to its unique curb appeal. High-end building amenities include 24hr concierge, a state-of-the-art gym, party room, hobby room, kids playroom, pet cleaning area, bike racks, ample Guest Parking, a rooftop terrace with BBQ stations and fire pits, and beautifully landscaped gardens all overlooking Queensway Park. It is located in a perfect spot for seasonal activities with direct access to tennis courts, skating path, hockey rink & baseball diamonds. Convenience is key, with the property situated just minutes from downtown Toronto, major highways, the Mimico GO Station, and the Royal York Subway Station. The area offers easy access to the lake, parks, and trails. Plus, a variety of commercial retailers, grocery stores, shops, restaurants, and malls line the Queensway, offering everything you need right at your doorstep. The unit also comes with 1 LOCKER. This is an exceptional opportunity to own a sophisticated urban retreat that seamlessly blends the excitement of city living with the tranquility of suburban comfort.
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Nearby Intersections
Property Features
Clear View, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,953 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Etobicoke Market Statistics
Etobicoke Price Trend
7 SMITH Cres 527 is a 1-bedroom 1-bathroom condo listed for sale at $545,000, which is $24,236 (4.3%) 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 One Percent Realty Ltd.
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