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706 - 940 Caledonia Road
For Sale50 Lotherton CondosEst Sell Timeframe 11 Days
$399,999
2 Beds
1 Bath
1 Parking
743 SQFT
30 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$538/sqft
Maintenance Fees:
$762/mth
Taxes:
$993 (2023)
Locker:
None
Outdoor Space:
None
Exposure:
East
Possession Date:
Immediately
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Excluded
Air Conditioning
Unit Details
- Air Conditioning
- None
- Heat Source
- Electric
- Heating
- Baseboard
- Ensuite Laundry
- No
Room Dimensions
Dining
Combined with Living, Vinyl Floor
16.41 x 17ft
Living
Combined with Dining, Vinyl Floor
16.41 x 17ft
Kitchen
Vinyl Floor
6.66 x 7.38ft
About this Listing
Excellent opportunity for first time homebuyer and investor- Mint condition newly painted and new flooring, new Kitchen and new Washroom - Maint. Fee includes utilities Heat, Hydro, Water - low property tax - high demand area
re/max skyway realty inc.MLS® #W8210548
Amenities
Indoor Parking
Indoor Pool
Party Room
Rec Room
Tennis Court
Security System
Nearby Amenities
5/10
Walkability
Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
7/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
4/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
9,775
Average Individual Income
$64,834
Average Household Size
3 persons
Average Age
47
Average Household Income
$115,044
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
45%
High Rise Apartment
30%
Semi Detached
12%
Low Rise Apartment
7%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
77%
Mandarin
10%
Cantonese
6%
Arabic
2%
Tagalog
2%
Portuguese
1%
Spanish
1%
Armenian
1%
Education
University and Above
40%
High School
22%
College
16%
None
13%
University Below Batchelor
4%
Apprenticeship
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
20%
Health & Related Fields
13%
Social Sciences
10%
Math & Computer Sciences
8%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
2%
Visual & Performing Arts
2%
Price Trends
Building Trends At 50 Lotherton Condos
Days on Strata
Units at 50 Lotherton Condos spend an average of
42
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.3
YEARS before being sold againProperty Value
8%
Increase in property value within the past twelve months
Price Ranking
8th
Highest price per SQFT out of 9 condos in the Yorkdale | Glen Park area
Sold Units
23
Units were Sold over the past twelve months
Rented Units
1
Units were Rented over the past twelve months
Best Value Rank
50 Lotherton Condos offers the best value out of 9 condos in the Yorkdale | Glen Park neighbourhood
?
Appreciation Rank
50 Lotherton Condos has the highest ROI out of 9 condos in the Yorkdale | Glen Park neighbourhood
?
Rental Yield
50 Lotherton Condos yields the highest rent prices out of 9 condos in the Yorkdale | Glen Park neighbourhood
?
High Demand
50 Lotherton Condos is the most popular building out of 9 condos in the Yorkdale | Glen Park neighbourhood
?
Transaction Insights at 940 Caledonia Road
| 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|
| Price Range | $345,000 - $445,000 | $410,000 - $425,000 | $355,000 - $470,000 | $405,000 - $760,000 |
| Avg. Cost Per Sqft | $572 | $535 | $474 | $498 |
| Price Range | $2,200 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 13 Days | 262 Days | 21 Days | 41 Days |
| Avg. Wait for Unit Availability | 93 Days | No Data | 151 Days | 312 Days |
| Ratio of Units in Building | 43% | 2% | 35% | 22% |
Maintenance Fees
50 Lotherton Condos vs The Yorkdale | Glen Park Area
