725 Don Mills Rd 504

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725 Don Mills Rd 504, North York
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
C8258696
MLSID
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Property Description
Bright and Spacious 1 bedroom + den suite with an amazing view of the courtyard and the sunsets *Ready to move in condition * Huge double storage closets & linen closet in main living area * Spacious bedroom with large sunny windows and closets with closet organizers * Terrific community centre on the grounds with gym and pool * Great for an owner to live in or use as an investment property * Maintenance fees Include everything except taxes, even basic cable and internet! * Close to TTC, Metrolinx, great schools, Ontario Science Centre, grocery stores, Costco, East York Town Centre and lots more.
Extras
Den is currently being used as a dining room, used to have sliding glass doors (see 1204 for an example)
Nearby Intersections
Property Features
Clear View, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,040 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
None
Parking Spaces
1
Parking 1
Exclusive (A 12-5)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain17.13' x 11.22'Wood Floor, Combined W/Dining, West View
DiningMain7.78' x 7.84'Wood Floor, Open Concept
KitchenMain11.71' x 7.84'Tile Floor
BrMain12.86' x 11.45'Wood Floor, Closet, West View
North York Market Statistics
North York Price Trend
725 Don Mills Rd 504 is a 1-bedroom 1-bathroom condo listed for sale at $399,900, which is $199,975 (33.3%) lower than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.
Inventory Change
There were 2,111 1-bedroom condos listed in North York over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 North York over the last 30 days (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 North York stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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