4800 Highway 7 404
West Woodbridge, Woodbridge, L4L 1H8
FOR SALE
$699,999
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Property Description
Welcome To Avenue On 7 Condo's, One Of Vaughan's Best Kept Secrets Right In The Heart Of Woodbridge! This Stunning 2 Bedroom Unit Features A Massive Terrace Perfect For Entertaining, Modern Kitchen W/ Quartz Counters & High-End Stainless Appliances. 1 Underground Parking & 1 Locker. Outstanding Amenities Including Concierge, Gym, Pool, Rooftop Deck/Garden, Party Room & More!! Great Location with Rapid Transit At Your Steps, Shopping, Hwys & More.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,498 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Woodbridge Market Statistics
Woodbridge Price Trend
4800 Highway 7 404 is a 2-bedroom 1-bathroom condo listed for sale at $699,999, which is $17,562 (2.4%) lower than the average sold price of $717,561 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 2 bedroom condo in Woodbridge increased by $9,101 (1.3%) compared to the previous 30 day period (October 4 - November 2) and down $2,890 (0.4%) from the same time one year ago.Inventory Change
There were 107 2-bedroom condos listed in Woodbridge over the last 30 days (November 3 - December 2), which is down 10.1% compared with the previous 30 day period (October 4 - November 2) and up 4.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Woodbridge typically sold ($21,934) (3.1%) below asking price over the last 30 days (November 3 - December 2), which represents a $695 increase compared to the previous 30 day period (October 4 - November 2) and ($19,360) less 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 Woodbridge over the last 30 days (November 3 - December 2) stood at 43.9%, up from 42.0% over the previous 30 days (October 4 - November 2) and up from 30.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Woodbridge stood at 40 days when successfully sold over the last 30 days (November 3 - December 2), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Regal Realty Inc.
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