70 Cumberland Lane 602
South West, Ajax, L1S 7K2
FOR SALE
$749,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE11926171
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Property Description
Waterfront Luxury Living With Unobstructed Lake View. Fully Renovated 2 Bed Gem In The Highly Coveted Breakers Condo, Directly Across From Veterans Park In The Picturesque "Ajax By The Lake"Community! Your Stunning Condo Has Been Renovated Top To Bottom. Updated Shows topping "AYA" Gourmet Kitchen, Slow Close Cabinets, Quartz Countertops, Modern Backsplash/Under Valance Lighting,Stainless Steel Appliances, Pot Lights / Walk In Pantry. This Dining Room Has Custom Built In Wall Cabinets, Combined With Family Room Featuring Floor To Ceiling Windows [With Electric Blinds]Amplifying Your Million Dollar Lake View. Enjoy Your "Vacation At Home" Feel Watching The Seasons Change With Stunning Fall Colours Showcasing Lake View Sunsets. Renovated Spa Like Bathrooms. The Primary Suite Serves As A Private Retreat With A 3-Piece Ensuite Featuring An Updated Walk-In Shower Equipped With Safety Railings, Combined With An Oversized Walk In Closet. The Most Desirable Floor Plan Available.Welcome Home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-07-18 | 2019-08-27 | 43 | $525,000 | $520,000 | Sold |
Extras
Additional Highlights Include Convenient En-Suite Laundry And Access To Exceptional Amenities, Such As A Fitness Center, Indoor Pool, Hot Tub, Sauna. Pets Allowed.
Nearby Intersections
Property Features
Grnbelt/Conserv, Hospital, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$4,390 (2024)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned (Level A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.09' x 32.45' | Laminate, Window Flr to Ceil, Overlook Water |
| Dining | Main | 13.09' x 32.45' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Main | 10.01' x 13.94' | Ceramic Floor, Quartz Counter, Stainless Steel Appl |
| Prim Bdrm | Main | 12.60' x 15.72' | Laminate, W/I Closet, Overlook Water |
| 2nd Br | Main | 9.81' x 10.37' | Laminate, Overlook Water |
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Ajax Market Statistics
Ajax Price Trend
70 Cumberland Lane 602 is a 2-bedroom 2-bathroom condo listed for sale at $749,900, which is $247,400 (49.2%) higher than the average sold price of $502,500 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Ajax declined by $19,000 (3.6%) compared to the previous 30 day period (November 19 - December 18) and down $70,000 (12.2%) from the same time one year ago.Inventory Change
There were 5 2-bedroom condos listed in Ajax over the last 30 days (December 19 - January 17), which is down 44.4% compared with the previous 30 day period (November 19 - December 18) and up 400.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Ajax typically sold ($6,675) (1.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,425 increase compared to the previous 30 day period (November 19 - December 18) and ($10,925) 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 (December 19 - January 17) stood at 80.0%, up from 55.6% over the previous 30 days (November 19 - December 18) and down from 400.0% 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 31 days when successfully sold over the last 30 days (December 19 - January 17), compared to 26 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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