70 Cumberland Lane 506
South West, Ajax, L1S 7K2
FOR SALE
$729,900
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSE9260568
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Property Description
Priced to Sell! Total Gut & Reno! Over $100K! 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 Shower, 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. Condo Fees Incl. Hi-Speed Internet, Cable TV + Water. Value +/- $200. 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 |
---|---|---|---|---|---|
2024-04-26 | 2024-08-19 | 115 | $759,900 | - | Terminated |
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
$4,441 (2024)
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 $729,900, which is $170,567 (30.5%) higher than the average sold price of $559,333 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Ajax increased by $17,333 (3.2%) compared to the previous 30 day period (July 17 - August 15) and down $10,667 (1.9%) from the same time one year ago.Inventory Change
There were 9 2-bedroom condos listed in Ajax over the last 30 days (August 16 - September 14), which is up 50.0% compared with the previous 30 day period (July 17 - August 15) and up 350.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Ajax typically sold ($13,083) (2.3%) below asking price over the last 30 days (August 16 - September 14), which represents a $2,317 increase compared to the previous 30 day period (July 17 - August 15) and ($19,000) 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 2-bedroom condos in Ajax over the last 30 days (August 16 - September 14) stood at 66.7%, down from 66.7% over the previous 30 days (July 17 - August 15) 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 26 days when successfully sold over the last 30 days (August 16 - September 14), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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