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BEDROOMS1
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ROOMSN11984963
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Property Description
One of the largest 1 bedroom residences in World On Yonge Condos, boasting an impressive 595 sqft of living space plus a generous terrace perfect for enjoying breathtaking views. Large walk-in closet in the bedroom! Freshly painted, move-in-ready unit with 9-foot ceilings and a modern, beautifully renovated interior with new flooring throughout. Located in a quiet section of the building, facing east, away from the bustle of Yonge Street. This well-managed condominium offers a high standard of maintenance, ensuring a clean environment with freshly renovated hallways and resort style amenities: indoor pool, sauna, jacuzzi, gym, rooftop garden, visitor parking, guest suites, shopping center, Viva buses and TTC leading directly to Finch Station.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-19 | 2023-01-26 | 7 | $595,800 | $580,000 | Sold |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,240 (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 (B)
Garage Type
Underground
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Markham Market Statistics
Markham Price Trend
7171 Yonge St 1005 is a 1-bedroom 1-bathroom condo listed for sale at $475,000, which is $115,236 (19.5%) lower than the average sold price of $590,236 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Markham declined by $14,148 (2.3%) compared to the previous 30 day period (December 22 - January 20) and down $38,718 (6.2%) from the same time one year ago.Inventory Change
There were 75 1-bedroom condos listed in Markham over the last 30 days (January 21 - February 19), which is up 41.5% compared with the previous 30 day period (December 22 - January 20) and up 63.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold ($15,862) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,347 decrease compared to the previous 30 day period (December 22 - January 20) and ($3,088) 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 Markham over the last 30 days (January 21 - February 19) stood at 25.3%, up from 24.5% over the previous 30 days (December 22 - January 20) and down from 63.0% 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 Markham stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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