25 Cumberland Lane E 505
South West, Ajax, L1S 7K1
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Property Description
Rare waterfront gem. 5th floor, clear east facing panoramic Lake views. Wake up to crimson sun rises.Enjoy breakfast / evening coffee in large covered balcony overlooking Lake and Park. 2 sliding glass walkouts from LR and BR to covered balcony. Gorgeously upgraded. Fresh off white paint t/out includg trim and doors. New ceramic tiling in foyer and kitchen. Eat in kitchen. Quartz stone c/tops. Pass through opening to dining room. Upgraded, modern washroom with tub and separate shower with light. Upgr ceramic floors and shower. Vanity w/Quartz c/top. Laminate firg - spacious LR/DR. Large BR for queen or king bed + space for computer table + space for additional storage. Replaced heat pump 2023.All rooms enjoy Lake and park views. Bright, sunny east exp. Ensuite storage/locker (convenient) + locker in LL. Lobby & hallways recently updated - modern and beautiful.
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Extras
AAA Location. 7 KM waterfront trail for long walks, secluded beaches ideal for picnics. Steps to rotary kids park & tuck shop. Nature lovers' paradise. Country living in the city. Short walk to 24 hrs Sobey's Supermarket and plaza.
Nearby Intersections
Property Features
Beach, Grnbelt/Conserv, Hospital, Lake Access, Park
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,110 (2023)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.17' x 23.33' | Combined W/Dining, Overlook Water, O/Looks Park |
| Dining | Main | 12.17' x 23.33' | Combined W/Living, Overlook Water, O/Looks Park |
| Kitchen | Main | 8.01' x 10.99' | Updated, Eat-In Kitchen, Tile Floor |
| Prim Bdrm | Main | 10.76' x 14.50' | Double Closet, Overlook Water, O/Looks Park |
| Other | Main | 6.99' x 10.01' | Balcony, Overlook Water, O/Looks Park |
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Ajax Market Statistics
Ajax Price Trend
25 Cumberland Lane E 505 is a 1-bedroom 1-bathroom condo listed for sale at $549,900, which is $49,900 (10.0%) higher than the average sold price of $500,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Ajax increased by $13,000 (2.7%) compared to the previous 30 day period (February 26 - March 26) and down $15,000 (2.9%) from the same time one year ago.Inventory Change
There were 1 1-bedroom condos listed in Ajax over the last 30 days (March 27 - April 25), which is down 75.0% compared with the previous 30 day period (February 26 - March 26) and down 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Ajax typically sold $100 (0.0%) above asking price over the last 30 days (March 27 - April 25), which represents a $16,950 decrease compared to the previous 30 day period (February 26 - March 26) and ($4,000) 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 1-bedroom condos in Ajax over the last 30 days (March 27 - April 25) stood at 200.0%, up from 50.0% over the previous 30 days (February 26 - March 26) and up from 50.0% 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 Ajax stood at 12 days when successfully sold over the last 30 days (March 27 - April 25), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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