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              For Sale 14 Days On Site

              #407 1 Neighbourhood Lane

              near Berry Rd / Stephen Dr
              $628,000 2+0bdr • 2ba • 1kit • 600-699sf
              Average Income
              $46,822
              Population Age
              37 y/old
              School Score
              8.70/10
              Price Index Change 1y
              +0.34%
              Price Index Change 3y
              +2.00%
              Rent Index Change 1y
              -7.47%
              Rent Index Change 3y
              +4.01%

              Condo Apt • Apartment #407 • 4 Level

              #407 1 Neighbourhood Lane, Stonegate-Queensway, Toronto
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 600-699
              • garage 1.0 Undergrnd
              • exposure Se
              • age New
              • locker Owned
              • possession

                Immediate/Tba

              $628,000

              n/a

              $500.78/m

              CALCULATED NUMBERS:

              $2356.00

              calculator

              $2396

              4

              33 Car-Dependent

              58 Good Transit

              43 Somewhat Bikeable

              8.70/10

              Location Details
              • Toronto

              • Toronto

              • Stonegate-Queensway

              • Berry Rd / Stephen Dr

              • M8Y1T7

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

              Property Overview
              Be The First To Occupy This Modern 2Bed/2 Bath Corner Suite With Balcony In The Just Registered Boutique "Humberside" Condo. Open Concept, 9' Ceilings, Modern Cabinetry, Quartz Countertops, Wide-Plank Laminate Flooring Throughout And A Bright South East Exposure. Concierge, Patio With Fire Pit, Fitness Center, Party Room, Children's Play Area, Pet Grooming Area, Guest Suites. Building Both Environmentally & Security Conscious.
              Extras: New Fridge, Stove, Dishwasher, Microwave Plus Washer And Dryer. One Parking Spot & One Locker. 677Sq Ft Indoor/50Sq Ft Outdoor. Great Neighborhood Vibe! Convenient To Shopping, Schools, Parkland, Public Transit And Major Expressways.
              Video tour available. Click to watch.
              Property Features
              • Park
              • Brick
              • Bbqs Allowed
              • Bike Storage
              • Concierge
              • Exercise Room
              • Party/Meeting Room
              • Rooftop Deck/Garden
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Seller Property Info Statement
              • Water Included
              • Family Room
              • Cable TV Included
              Rooms details
              Living
              • Main Level
              • Combined W/Dining
              • W/O To Balcony
              • Size 5.18x3.96
              Dining
              • Main Level
              • Combined W/Kitchen
              • Stainless Steel Appl
              • Size 5.18x3.96
              Kitchen
              • Main Level
              • Combined W/Living
              • Open Concept
              • Size 5.18x3.96
              Master
              • Main Level
              • 3 Pc Ensuite
              • Double Closet
              • South View
              • Size 2.69x2.97
              2nd Br
              • Main Level
              • Double Closet
              • East View
              • Size 3.17x2.89
              Basement
              • None
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              • Listing added to site: 2020-10-16 21:17:08
              • Last updated: 2020-10-30 15:18:53
              • Photos updated: 2020-10-30
              • Contract date: 2020-10-16
              • Input date: 2020-10-16
              • Expiry date: 2020-12-16
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              407 1 Neighbourhood Lane is a condo apt apartment, located in Stonegate-Queensway of city of Toronto, Toronto region, near Berry Rd / Stephen Dr, and has been available for sale on CondosDirect since 2020-10-16. This unit is located at level 4 of the building and has South-East exposure of Neighbourhood Lane. Condo registry office is TSCC, corporation number 2805.

              Lot Size and Living Area:

              407 1 Neighbourhood Lane has 4+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 600-699 square feet. 1 Neighbourhood Lane building is appriximately New years old.
              1.0 parking space(s) are owned and located undergrnd at level P2 . The locker is owned. An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Park at, or near the property.
              AIDA has also found the following features: Open Concept, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              407 1 Neighbourhood Lane condo apt is listed for $628,000. And the monthly maintenance fee was $501.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,356, assuming $628,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization. Add property tax and condo maintenance fee to calculate your total expenses per month.
              Use our Mortgage and Investment Calculator, customized especially for 407 1 Neighbourhood Lane, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Stonegate-Queensway, where 1 Neighbourhood Lane is located, has $1,264,837 Home Price Index, and $2,776 Home Rent Index. Average household income at dissemination area of 1 Neighbourhood Lane is $46,822, and average polulation age is 37 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,953, and average Home Rent Index $2,578.

              Similar Properties & Community Details:

              There are similar to 407 1 Neighbourhood Lane 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 1 Neighbourhood Lane.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Stonegate-Queensway neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 1 Neighbourhood Lane, or schools, which boundaries this address belongs to with an average School Score 8.70 out of 10. Here are more details about these schools:
              1. Étienne Brûlé Junior School (Grades JK-05), Public, Elementary, ranked as Excellent.
              2. Etobicoke Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 33, 58, and 43 accordingly, location of 1 Neighbourhood Lane overall can be described as Car-Dependent, Good Transit, and Somewhat Bikeable.

              407 1 Neighbourhood Lane Listings History Powered by AIDA
              Stonegate-queensway, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (104 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 4 to 5 properties like that to be sold in Stonegate-Queensway during the next 30 days.
              Seasonal sales fluctuation is showing 60% inventory increase comparing to the average annual number, which is equvalent to 2.92 properties sold per month, and 27% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 14 days, which is 35% longer than it takes a similar home in Stonegate-Queensway to sell, which is noticeably longer than recent sales average.
              Seasonal sales fluctuation is showing -8% D.O.M. decrease comparing to the average annual number, which is equvalent to 11 D.O.M., and -5% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Stonegate-Queensway.
              The selling to asking price ratio is declining in Stonegate-Queensway.
              Considering the fact that this property has already been on the market for 14 days, which is -35% longer than average number of days it takes a home to sell in Stonegate-Queensway (10.4), this property may not sell above the asking price.
              407 1 Neighbourhood Lane Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Stonegate-queensway, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +0.34% comparig to the City of Toronto average of +6.325%

              Price Index 3y

              Price Index change was +2.00% comparig to the City of Toronto average of +6.38%

              Rent Index 1y

              Rent Index change was -7.47% comparig to the City of Toronto average of +1.165%

              Rent Index 3y

              Rent Index change was +2.00% comparig to the City of Toronto average of +6.38%

              Walkscore

              Walkscore 33 out of 100 means Car-Dependent

              Transitscore

              Transitscore 58 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.70 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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