25 Cumberland Lane 112
South West, Ajax, L1S 7K1
FOR SALE
$649,900
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2
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE8175372
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Property Description
Welcome to a stylish 2-bedroom, 2-story condo in Ajax, just steps from Lake Ontario. This unit features an open-concept living area, a sleek kitchen with stainless steel appliances, two spacious bedrooms including a master suite with ensuite, ensuite laundry, a private balcony, and access to amenities including a fitness centre, indoor pool and billiards room. Experience the best of lakeside living and urban convenience in this prime Ajax location.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-05-06 | 2021-07-10 | 65 | $499,900 | $485,000 | Sold |
| 2021-04-09 | 2021-05-06 | 27 | $559,000 | - | Terminated |
| 2021-04-09 | 2021-04-11 | 2 | $559,000 | - | Suspended |
| 2020-08-27 | 2020-09-24 | 28 | $559,000 | - | Terminated |
| 2020-07-27 | 2020-08-27 | 31 | $578,000 | - | Terminated |
| 2020-03-05 | 2020-05-25 | 81 | $639,900 | - | Terminated |
| 2020-05-27 | 2020-07-16 | 50 | $599,900 | - | Terminated |
Extras
Steps from waterfront trail and parks, hospital and easy access to hwy 401
Nearby Intersections
Property Features
Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$3,846 (2023)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned
Parking 2
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.40' x 9.91' | Tile Floor, Stainless Steel Appl, Pantry |
| Living | Main | 12.24' x 35.40' | Laminate, W/O To Patio, Window |
| Dining | Main | 11.98' x 10.76' | Laminate, W/O To Patio, Breakfast Bar |
| Prim Bdrm | 2nd | 12.30' x 14.40' | Hardwood Floor, W/I Closet, Window |
| Br | 2nd | 10.73' x 12.30' | Hardwood Floor, Window |
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Ajax Market Statistics
Ajax Price Trend
25 Cumberland Lane 112 is a 2-bedroom 2-bathroom condo listed for sale at $649,900, which is $124,900 (23.8%) higher than the average sold price of $525,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom condo in Ajax declined by $65,000 (11.0%) compared to the previous 30 day period (February 26 - March 26) and down $76,250 (12.7%) from the same time one year ago.Inventory Change
There were 4 2-bedroom condos listed in Ajax over the last 30 days (March 27 - April 25), which is down 33.3% compared with the previous 30 day period (February 26 - March 26) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Ajax typically sold $25,000 (4.8%) above asking price over the last 30 days (March 27 - April 25), which represents a $9,200 increase compared to the previous 30 day period (February 26 - March 26) and ($8,924) 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 2-bedroom condos in Ajax over the last 30 days (March 27 - April 25) stood at 25.0%, down from 33.3% over the previous 30 days (February 26 - March 26) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Ajax stood at 10 days when successfully sold over the last 30 days (March 27 - April 25), compared to 22 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Energy Real Estate
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