70 Cumberland Lane 506
South West, Ajax, L1S 7K2
FOR SALE
$769,900
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSE8275054
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Property Description
See V/Tour. Rare Waterfront Gem. S/W Cnr. Spectacular Clear Lake & Park Views. Bright & Sunny. Enjoy Golden Sunsets. 1,323 Sf. 2 Br + Sol/Den. 2 Upgraded Full Wrs. Updated Kit. W/New Cabinets, Quartz Stone C/Tops, S/S Appl, Pantry & Storage Cabinets, Cove Ceiling W/Pot Lights, Lge S/S Sink. Exquisite Stone Bksplsh. Bar Counter, Laminate Flrs Everywhere. Primary Wr W/Large Glass Showet, Sep. Tub, New Vanity. Lge Pbr For King Size Bed. Sp. W/I Closet. Sp. 2 Br - Both Brs W/Lake Views. 2 Side By Side Pkg Spots. W/I Storage/Linen Closet. Sep. Locker. 2 Entrance Closets (Mirrored). Convenient Location. Local Bus At Door Step. Walk To 24hrs Sobeys Plaza. Mins. To Big Box Stores, Hospital, Go, 401. See Bldg. Amenities. Nature Lovers' Paradise. 7Km Waterfront Trail, Parks, Picnic Spots, Kids' Playground W/Tuck Shop. Secluded Beaches, 2 Tennis Courts. Cross The Road & Enjoy
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-23 | 2024-04-26 | 63 | $789,900 | - | Terminated |
| 2021-03-08 | 2021-03-16 | 7 | $550,000 | $705,000 | Sold |
Nearby Intersections
Property Features
Grnbelt/Conserv, Lake/Pond, Park, Public Transit, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$4,166 (2023)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
2
Parking 1
Owned (A)
Parking 2
Owned (A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.72' x 21.23' | Combined W/Dining, Overlook Water, Updated |
| Dining | Main | 17.72' x 21.23' | Combined W/Living, Overlook Water, W/O To Sunroom |
| Kitchen | Main | 9.19' x 14.01' | Updated, Stainless Steel Appl, Pot Lights |
| Prim Bdrm | Main | 11.02' x 21.03' | 5 Pc Ensuite, Overlook Water, W/I Closet |
| 2nd Br | Main | 10.01' x 14.01' | West View, Overlook Water, Closet |
| Solarium | Main | 5.51' x 10.17' | South View, Overlook Water, Window Flr To Ceil |
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Ajax Market Statistics
Ajax Price Trend
70 Cumberland Lane 506 is a 2-bedroom 2-bathroom condo listed for sale at $769,900, which is $222,400 (40.6%) higher than the average sold price of $547,500 in the last 30 days (April 10 - May 9). During the last 30 days the average sold price for a 2 bedroom condo in Ajax increased by $7,500 (1.4%) compared to the previous 30 day period (March 11 - April 9) and down $50,166 (8.4%) from the same time one year ago.Inventory Change
There were 6 2-bedroom condos listed in Ajax over the last 30 days (April 10 - May 9), which is up 100.0% compared with the previous 30 day period (March 11 - April 9) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Ajax typically sold $3,500 (0.6%) above asking price over the last 30 days (April 10 - May 9), which represents a $12,900 increase compared to the previous 30 day period (March 11 - April 9) and ($12,299) 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 (April 10 - May 9) stood at 33.3%, down from 33.3% over the previous 30 days (March 11 - April 9) and down from 150.0% 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 (April 10 - May 9), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
Similar Listings
Rarely offered over 1600sqft waterfront retreat in Ajax, Find tranquility in this 2-bedroom, 2-bathroom condo. Nestled along the picturesque shores of Lake Ontario, greeted by an open concept living space, flooded with natural light from expansive windows that showcase breathtaking waterfront views. The tastefully designed interior features high ceilings, premium Laminate floors, an inviting atmosphere throughout. The oversized master with ensuite and separate walk-in closet provides a peaceful, lifestyle of unparalleled beauty and relaxation.
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