325 South Park Rd Ph07
Commerce Valley, Thornhill, L3T 0B8
FOR SALE
$649,900
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Property Description
Attention Investors And First Time/Downsize Buyers: Don't Miss This Opportunity To Own A Well Maintained One Bedroom + Den Condo In The Heart Of Thornhill !! Rare Find Penhouse Unit With 2 Parkings + Locker. Demand Eden Park II By Award Winning Developer Times Group Corp Setting A Gold Standard in Green Design. This Unit Is Fill With Natural Lights And A Functional Layout With No Waste Of Space. Some Of The Features Included: 10 Ceiling **No Bulkheads !!**, Crown Moulding In Most Of The Living Space, Modern Kitchen With Stainless Steel Appliances, Granite Counter, Granite Centre Island For Dining/Extra Storage Space. Primary Bedroom With Unobstructed South Views. Seeing CN Tower Right From Your Living Room. Wood Floor Throughout. Spacious Open Concept Living/Dining Room Combined With Walk Out To Open Balcony, This Leed Energy Efficient And Well Managed Building Is The Reason Of Low Management Fees. Amenities Include: Exercise Room, Swimming Pool, Sauna, Party Room, Library, 24 Hours Concierge, Guest Suites. Minutes To 3 Major Highways ie. 404/407/7, Walking Distance To Highway 7, Viva And YRT Bus Station, Lots Of Shopping, Restaurants (e.g. Yu Seafood, Lobster Port), Grocery, Coffee Shops (e.g. Tim Hortons, McDonald's), And Parks. Mins to Park (1 min Drive/6 min Walk to Ada Mackenzie Park), Secondary Schools : 7-min drive to Thornlea SS (Public), 3-min drive to St. Robert (Catholic) ranks 4 out of 689 by Fraser Institute. Don't Miss It, Just Move In And Enjoy! **Investors: Highly Sought After Location Offer Low Vacancy Rate/Attractive Rental Income from High Quality Tenants (Current Rental Rate ~$2600)**With Bank Of Canada Recent 3rd Interest Rate Cut & Further Rate Cut Expected, Don't Wait Till Next Spring When Market Expects To Rebound. Don't Miss Out !
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-23 | 2024-10-26 | 64 | $649,900 | - | Terminated |
| 2024-08-23 | 2024-10-25 | 63 | $649,900 | - | Suspended |
Extras
All Existing Electric Light Fixtures & Window Coverings, Fridge, Stove, Range Hood, B/I Dishwasher, Washer & Dryer. Two Parking Spaces & One Locker Included.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,531 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (Level B / 87)
Parking 2
Owned (Level B / 87)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.91' x 20.83' | Combined W/Dining, Crown Moulding, South View |
| Dining | Flat | 9.91' x 20.83' | Combined W/Living, Open Concept, Crown Moulding |
| Kitchen | Flat | 10.17' x 10.50' | Granite Counter, Modern Kitchen, Stainless Steel Appl |
| Prim Bdrm | Flat | 10.01' x 11.09' | Large Closet, South View, Large Window |
| Den | Flat | 4.92' x 5.91' | Separate Rm, Open Concept, Crown Moulding |
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Thornhill Market Statistics
Thornhill Price Trend
325 South Park Rd Ph07 is a 1-bedroom 1-bathroom condo listed for sale at $649,900, which is $57,982 (9.8%) higher than the average sold price of $591,918 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Thornhill declined by $20,941 (3.4%) compared to the previous 30 day period (September 1 - September 30) and down $35,046 (5.6%) from the same time one year ago.Inventory Change
There were 88 1-bedroom condos listed in Thornhill over the last 30 days (October 1 - October 30), which is down 3.3% compared with the previous 30 day period (September 1 - September 30) and up 17.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Thornhill typically sold $785 (0.1%) above asking price over the last 30 days (October 1 - October 30), which represents a $10,898 increase compared to the previous 30 day period (September 1 - September 30) and ($11,103) 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 1 - October 30) stood at 48.9%, up from 33.0% over the previous 30 days (September 1 - September 30) and up from 37.3% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Markham Centre Realty Inc.
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