7 Mabelle Ave 1606
Islington-City Centre West, Etobicoke, M9A 0C9
FOR SALE
$589,999
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BEDROOMS1
BATHROOMS1
KITCHENS6
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Property Description
Client RemarksStep into a world of elegance and comfort with this beautifully furnished one-bedroom + den unit. An added advantage is that the den (approx: 7 x 10) can be comfortably turned into a second bedroom, providing additional space. This unit exudes sophistication with its open-concept design, featuring a sunlit, modern kitchen adorned with granite countertops and sleek laminate flooring throughout. Embrace a lifestyle of luxury with access to 24-hour concierge service, a cutting-edge gym, yoga studio, chic party meeting room, and a serene indoor swimming pool. Perfectly positioned just steps from Islington Subway, with seamless access to the 427 and QEW, this unit is ideal for professionals and small families alike. Plus, this unit is already occupied by outstanding AAA tenants, ensuring an immediate rental income opportunity. *The tenant is willing to vacate the property before closing for buyers who plan to occupy the unit themselves.* Act now - this incredible unit is a golden investment!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-15 | 2024-01-31 | 16 | $2,475 | $2,475 | Leased |
| 2024-01-15 | 2024-03-04 | 49 | $2,475 | $2,475 | Leased |
| 2023-11-15 | 2024-01-15 | 61 | $2,575 | - | Terminated |
| 2022-10-26 | 2022-11-03 | 8 | $2,650 | $2,550 | Leased |
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,200 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Etobicoke Market Statistics
Etobicoke Price Trend
7 Mabelle Ave 1606 is a 1-bedroom 1-bathroom condo listed for sale at $589,999, which is $32,889 (5.9%) higher 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 Etobicoke declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Etobicoke over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke 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 Etobicoke 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 Etobicoke 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 Strata Real Estate
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