1 Neighbourhood Lane 502

FOR SALE
$529,900
1 Neighbourhood Lane 502, Etobicoke
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
1 Neighbourhood Lane 502
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
W9363403
MLSID
Contact Us
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!
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
Property Details
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
Room Summary
RoomLevelSizeFeatures
LivingMain11.58' x 11.09'Laminate, Combined W/Dining, W/O To Balcony
DiningMain11.58' x 11.09'Combined W/Living, Laminate, Open Concept
KitchenMain11.58' x 11.09'Open Concept, Stainless Steel Appl, Quartz Counter
DenMain5.87' x 9.51'B/I Bar, B/I Shelves, Laminate
BrMain9.06' x 9.58'Window, Closet, Laminate
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 $39,483 (6.9%) lower than the average sold price of $569,383 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke declined by $96 (0.0%) compared to the previous 30 day period (September 24 - October 23) and down $20,298 (3.4%) from the same time one year ago.
Inventory Change
There were 1,158 1-bedroom condos listed in Etobicoke over the last 30 days (October 24 - November 22), which is down 11.4% compared with the previous 30 day period (September 24 - October 23) and down 6.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($9,925) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,659 increase compared to the previous 30 day period (September 24 - October 23) and ($13,687) 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 24 - November 22) stood at 50.5%, up from 43.6% over the previous 30 days (September 24 - October 23) and up from 36.2% 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 24 - November 22), 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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