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ROOMSE9513537
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Property Description
3-bedroom townhouse with 1-bedroom basement apartment, separate entrance, great opportunity for rental income. This home is nestled in a quiet, high-demand area in the heart of Ajax. The open-concept layout includes a kitchen with a breakfast bar, quartz counters, and stainless steel appliances, which overlooks the living/dining room complete with a gas fireplace and a walkout to a professionally landscaped south-facing garden. An oak stair railing leads you upstairs to the enormous master bedroom, which includes a sitting area, a massive 5-piece ensuite with a soaker tub and glass shower, and a spacious walk-in closet. The second and third bedrooms are huge. 2nd-floor laundry. Maintenance fees include water, insurance, parking, and upkeep of common elements, which consist of the roof, windows, window frames, door frames, snow removal, and gardening/lawn maintenance, offering peace of mind for homeowners. Direct access to underground heated parking with 2 parking spots. Conveniently located close to shopping centers, including Costco and Walmart, and within walking distance to daycare/Montessori, supermarkets, restaurants, parks, trails, public transit, and schools. Just minutes to Highway 401 and Ajax Go Station. YOU DO NOT WANT TO MISS THIS ONE!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-02-21 | 2020-03-04 | 12 | $549,000 | $549,000 | Sold |
Extras
Earn extra income with a finished 1-bedroom basement apartment & separate entrance. Monthly maintenance covers roof, windows, snow removal, gardening, 2 heated underground parking, water, & insurance. No hassles, just peace of mind!
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1800-1999
Taxes
$4,567 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.66' x 17.39' | Open Concept, Walk-Out |
| Kitchen | Main | 10.99' x 13.45' | Quartz Counter, Breakfast Bar, Stainless Steel Appl |
| Prim Bdrm | 2nd | 12.80' x 17.22' | 5 Pc Ensuite, W/I Closet, Combined W/Sitting |
| Laundry | 2nd | 6.00' x 8.01' | |
| 2nd Br | 3rd | 13.48' x 14.80' | W/I Closet, Combined W/Sitting |
| 3rd Br | 3rd | 12.96' x 14.07' | Double Doors, Combined W/Sitting |
| Living | Bsmt | 12.01' x 13.81' | Open Concept, Laminate, Combined W/Kitchen |
| Kitchen | Bsmt | 12.01' x 13.81' | Open Concept, Laminate, Combined W/Living |
| Br | Bsmt | 8.01' x 10.01' | Laminate |
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Ajax Market Statistics
Ajax Price Trend
7 Torr Lane is a 3-bedroom 4-bathroom townhome listed for sale at $799,786, which is $10,098 (1.3%) higher than the average sold price of $789,688 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom townhome in Ajax declined by $57,957 (6.8%) compared to the previous 30 day period (September 21 - October 20) and up $43,569 (5.8%) from the same time one year ago.Inventory Change
There were 32 3-bedroom townhomes listed in Ajax over the last 30 days (October 21 - November 19), which is down 41.8% compared with the previous 30 day period (September 21 - October 20) and down 22.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Ajax typically sold $5,345 (0.7%) above asking price over the last 30 days (October 21 - November 19), which represents a $3,718 decrease compared to the previous 30 day period (September 21 - October 20) and $981 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 3-bedroom townhomes in Ajax over the last 30 days (October 21 - November 19) stood at 87.5%, up from 40.0% over the previous 30 days (September 21 - October 20) and up from 51.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Ajax stood at 21 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Parkland Ltd.
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