38 Gandhi Lane 911

FOR SALE
$589,000
38 Gandhi Lane 911, Thornhill
38 Gandhi Lane 911
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Property Description
A Landmark Remarkable Condominium Building Located At Hwy 7 & Bayview Avenue By Times Group Corporation. 9' Ceiling W/Spacious 1 Bedroom Unit.595 Sq Ft Plus 34 Sq Ft Balcony This Unit Features a Modern Kitchen with Integrated Appliances, Ensuite Laundry. Br With Large Closet. 1 Parking &1 Locker are Included. Prime Location with VIVA Bus at your Doorstep to Easily Transport to Vaughan, Markham, and Downtown Toronto via Finch TTC. Tons of Amenities Nearby including Langstaff GO Station, Walmart, Loblaws, Canadian Tire, Home Depot, Banks, Medical Buildings, Many Restaurants and Shopping, Community Parks (Soccer, Tennis, Basketball, Water Park, Dog Park), and Trails! Prestigious Top Elementary and High School Zone in the Province (Donlea & Thornlea)! Easy Access to Hwy 407 and Hwy 404
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,014 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (C)
Garage Type
Underground
Thornhill Market Statistics
Thornhill Price Trend
38 Gandhi Lane 911 is a 1-bedroom 1-bathroom condo listed for sale at $589,000, which is $1,236 (0.2%) 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 Thornhill declined by $14,148 (2.3%) compared to the previous 30 day period (December 22 - January 20) and down $38,718 (6.2%) from the same time one year ago.
Inventory Change
There were 75 1-bedroom condos listed in Thornhill over the last 30 days (January 21 - February 19), which is up 41.5% compared with the previous 30 day period (December 22 - January 20) and up 63.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Thornhill 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 Thornhill 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 Thornhill 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 Bay Street Integrity Realty Inc.
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