7 Bishop Ave 1015
Newtonbrook East, Toronto, M2M 4J4
FOR SALE
$475,000

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Property Description
Heart Of The Yonge/Finch Area With Subway Station Right Cross The Street. Large 1 Bedroom Plus Den, Over 700 Sq Ft, Den With Sliding Door To Be Used As Second Bedroom. Direct Undergr Path To Finch Subway, Ttc, Viva, Go, Yrt. Concierge, Indoor Swimming Pool, Gym, Guest Room, Meeting Room, Party Room, Visitor Parking, Bbq, Sauna. Lot of Shopping And Dinning, Everything You Need Is Just Steps Away.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-06-14 | 2022-06-17 | 3 | $2,000 | $2,000 | Leased |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,686 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 11.15' x 15.75' | Broadloom, Open Concept, Combined W/Solarium |
Dining | Ground | 7.87' x 11.15' | Broadloom, Combined W/Living |
Kitchen | Ground | 6.89' x 7.55' | |
Br | Ground | 9.19' x 13.62' | Broadloom, Closet |
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Toronto Market Statistics
Toronto Price Trend
7 Bishop Ave 1015 is a 1-bedroom 1-bathroom condo listed for sale at $475,000, which is $82,110 (14.7%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less 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 Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Condomax Realty Inc.
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