38 Gandhi Lane 2703
Commerce Valley, Thornhill, L3T 0G9
FOR SALE
$599,888
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KITCHENS4
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Property Description
Super Bright unobstructed EAST (city) View 1 Bedroom Condo Unit, Located at Hwy 7 & Bayview Ave, this condo offers 9 ft ceilings, a functional layout 580 sq. ft. of living space plus balcony. Upgraded with high-gloss kitchen cabinets, quartz countertops, an induction cooktop, and a stylish bathroom vanity. Builder upgrades over $8K. Elevators and Main door Unlock By Fob For High Security, Indoor Pool, Big Gym, Large Party Room, Library, Recreation Room, Kids Play Room, Roof Top Patio & BBQ Area. Viva Bus Station Next To The Building. Close To Richmond Hill Centre (GO), Minutes To Hwy 407/404.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,939 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Thornhill Market Statistics
Thornhill Price Trend
38 Gandhi Lane 2703 is a 1-bedroom 1-bathroom condo listed for sale at $599,888, which is $2,010 (0.3%) higher than the average sold price of $597,878 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 1 bedroom condo in Thornhill increased by $4,099 (0.7%) compared to the previous 30 day period (September 23 - October 22) and down $7,948 (1.3%) from the same time one year ago.Inventory Change
There were 71 1-bedroom condos listed in Thornhill over the last 30 days (October 23 - November 21), which is down 19.3% compared with the previous 30 day period (September 23 - October 22) and up 14.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Thornhill typically sold ($15,509) (2.6%) below asking price over the last 30 days (October 23 - November 21), which represents a $20,589 decrease compared to the previous 30 day period (September 23 - October 22) and ($14,760) 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 Thornhill over the last 30 days (October 23 - November 21) stood at 57.7%, up from 44.3% over the previous 30 days (September 23 - October 22) and up from 37.1% 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 Thornhill stood at 47 days when successfully sold over the last 30 days (October 23 - November 21), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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