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    1405 Lorne Park Road

    The Garden Homes of Lorne Park
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    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    1
    Number of Units:
    24
    Condo Completion:
    1998
    Condo Demand:
    Low
    Unit Size Range:
    1,800 - 2,500 SQFT
    Unit Availability:
    Low

    Listing History for The Garden Homes of Lorne Park

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    Amenities

    No Data

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1405 Lorne Park RoadThe Garden Homes of Lorne Park

    The Garden Homes of Lorne Park was completed in 1998 by James Lucas Properties. While some buyers associate high maintenance fees with older buildings, maintenance fees at 1405 Lorne Park Road are only $0.22 per-square-foot. These Lorne Park condos for sale offer floor plans that are more spacious than most modern condos; there are 24 suites in this 1-storey residence, and units range from 1800 square feet to 2500 square feet.

    Maintenance fees at 1405 Lorne Park Road are only $0.22, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 1405 Lorne Park Road is $910 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a low probability of receiving multiple offers.

    Units at The Garden Homes of Lorne Park spend 37 days on the market on average and usually sell for -4.34% below the listing price. In the last 12 months, 0 units has rented, and 3 have sold.

    The Neighbourhood

    Not everyone can claim the title of home chef, but those who live in this condo can leave the cooking to the professionals, and grab a bite at Cuda's Tap & Grill, Lily's Pizza & Pasta and Orange Fish Sushi House.

    Grocery shopping is never a chore with stores such as Battaglia's Marketplace in the area.

    Planning for your future is easy with CIBC Branch with ATM and RBC Royal Bank in the area.

    Residents at this condo are also just a short drive away from green spaces such as Whiteoaks Park, Bike path extended to Southdown rd and Lorne Park Prairie Park.

    When the weekend rolls around, Artescape Anua, Harbour Gallery and Artists Friend are within a short 5-minute drive away.

    The Garden Homes of Lorne Park is a short drive away from White Oaks Montessori School and Day Care, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Lorne Park Secondary School, Holy Name of Mary College School and Hillcrest Middle School.

    Transportation

    Transit users will need to trek a bit to Dundas St West Of Erindale Station Rd, the nearest light transit stop. Kipling isn’t within a close walking distance, but you can drive there in about 38 minutes.

    There are several similar condos in the area, such as 1084 Queen Street W, 928 Queen Street W and 1575 Lakeshore Road W — all worth checking out.

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    Explore Lorne Park

    1/10
    Walkability
    Bring your survival kit; you're about to embark on a trek where the nearest convenience store might just be a mirage.
    2/10
    Transit
    You'll get to know the one bus driver really well. Like, really well.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    12,978
    Average Individual Income
    $52,930
    Average Household Size
    3 persons
    Average Age
    40
    Average Household Income
    $108,308
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    15%
    20 - 34
    26%
    35 - 49
    20%
    50 - 64
    21%
    65+
    14%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    31%
    $60,000+
    16%
    $90,000+
    5%
    $125,000+
    1%
    Housing Types & Tenancy
    Semi Detached
    39%
    Detached
    33%
    Low Rise Apartment
    12%
    High Rise Apartment
    9%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Punjabi
    8%
    Other
    8%
    Spanish
    3%
    Hindi
    2%
    Urdu
    2%
    Tagalog
    1%
    Education
    High School
    32%
    University and Above
    23%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Humanities
    6%
    Personal, Protective & Transportation Services
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    1%

    Maintenance Fees

    The Garden Homes of Lorne Park vs The Lorne Park Area

    Days on Strata

    Units at The Garden Homes of Lorne Park spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Lorne Park

    Turnover of Units

    On average, each unit is owned for
    18.6
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 10 condos in the Lorne Park area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    The Garden Homes of Lorne Park offers the
    ?
    N/A
    best value out of 10 condos in the Lorne Park neighbourhood

    Appreciation Rank

    The Garden Homes of Lorne Park has the
    ?
    N/A
    highest ROI out of 10 condos in the Lorne Park neighbourhood

    Rental Yield

    The Garden Homes of Lorne Park yields the
    ?
    N/A
    highest rent prices out of 10 condos in the Lorne Park neighbourhood

    High Demand

    The Garden Homes of Lorne Park is the
    ?
    N/A
    most popular building out of 10 condos in the Lorne Park neighbourhood

    Transaction Insights at 1405 Lorne Park Road

    2 Bed + Den3 Bed3 Bed + Den
    Price Range$2,050,000$1,875,000$1,950,000
    Avg. Cost Per Sqft$1,105$1,111$815
    Avg. Wait for Unit AvailabilityNo Data1971 Days3013 Days
    Ratio of Units in Building34%34%34%

    Unit Sales vs Inventory

    Total number of units listed and sold in Lorne Park