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Property Description
Prime Location In Markham! Luxury World On Yonge Condo! South Facing With Full Of Natural Light! Spacious And Most Practical Layout In The Building! Open Concept With 9' Ceiling! Direct Access To Indoor Shopping Mall, Supersize Grocery Store, Retail Stores, Banks, Food Court, Steps To Ttc, And Viva, Close To Finch Subway Station. Perfect Home For The First Time Home Buyers, Investors And Downsizing Family! A Must See!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-18 | 2024-10-27 | 10 | $608,000 | - | Suspended |
| 2018-07-22 | 2018-11-20 | 121 | $475,000 | $470,000 | Sold |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,194 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (L43)
Garage Type
Underground
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Thornhill Market Statistics
Thornhill Price Trend
7167 YONGE St 506 is a 1-bedroom 1-bathroom condo listed for sale at $608,000, which is $12,396 (2.1%) higher than the average sold price of $595,604 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Thornhill increased by $1,556 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $8,555 (1.4%) from the same time one year ago.Inventory Change
There were 74 1-bedroom condos listed in Thornhill over the last 30 days (October 21 - November 19), which is down 20.4% compared with the previous 30 day period (September 21 - October 20) and up 13.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Thornhill typically sold ($14,762) (2.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $21,908 decrease compared to the previous 30 day period (September 21 - October 20) and ($15,136) 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 Thornhill over the last 30 days (October 21 - November 19) stood at 58.1%, up from 39.8% over the previous 30 days (September 21 - October 20) and up from 33.8% 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 45 days when successfully sold over the last 30 days (October 21 - November 19), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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