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    502 - 1 Neighbourhood Lane

    For SaleBackyard Neighbourhood Condos
    $539,900
    1 Bed + 1
    1 Bath
    1 Parking
    526 SQFT
    57 Days on Strata
    Est Sell Timeframe
    4 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $501/mth
    Taxes:
    $1,899 (2023)
    Cost Per Sqft:
    $1,026/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    60 TBD
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    11.09 x 11.58ft
    Dining
    Combined with Living, Laminate, Open Concept
    11.09 x 11.58ft
    Kitchen
    Open Concept, Stainless Steel Appliances, Quartz Counter
    11.09 x 11.58ft

    About this Listing

    Step into luxury at the highly sought-after 'Backyard Condos,' where opportunities await. This boutique building is just steps from the scenic Humber Trail, trendy shops, delicious restaurants, and convenient transit, with downtown only minutes away. Enjoy a sun-drenched, light-filled suite with a stunning west-facing exposure. The open-concept, modern kitchen is beautifully upgraded, and the suite boasts soaring 9' ceilings and wide plank flooring. The versatile den is ideal for both working from home and entertaining guests. Relax on the expansive balcony, and take advantage of the building's exceptional amenities, including a rooftop terrace with a fire pit, concierge service, a guest suite, visitor parking, and so much more!

    re/max hallmark realty ltd.MLS® #W9054366


    Amenities

    Rooftop Deck
    BBQ
    Bike Storage
    Gym Room
    Concierge
    Guest Suites

    Explore Neighbourhood

    2/10
    Walkability
    A sight of a grocery store is as rare as a unicorn sighting.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    9,542
    Average Individual Income
    $55,587
    Average Household Size
    0 persons
    Average Age
    47
    Average Household Income
    $94,607
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    18%
    50 - 64
    20%
    65+
    17%
    Household Income
    $0 - $30,000
    55%
    $30,000+
    24%
    $60,000+
    11%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    High Rise Apartment
    38%
    Detached
    25%
    Semi Detached
    18%
    Low Rise Apartment
    13%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    65%
    Mandarin
    15%
    Cantonese
    14%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    26%
    None
    17%
    College
    16%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Personal, Protective & Transportation Services
    3%
    Education
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Backyard Neighbourhood Condos vs The Stonegate - Queensway Area

    Days on Strata

    Units at Backyard Neighbourhood Condos spend an average of
    45
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Stonegate - Queensway

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 13 condos in the Stonegate - Queensway area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Backyard Neighbourhood Condos offers the
    ?
    best value out of 13 condos in the Stonegate - Queensway neighbourhood

    Appreciation Rank

    Backyard Neighbourhood Condos has the
    ?
    highest ROI out of 13 condos in the Stonegate - Queensway neighbourhood

    Rental Yield

    Backyard Neighbourhood Condos yields the
    ?
    highest rent prices out of 13 condos in the Stonegate - Queensway neighbourhood

    High Demand

    Backyard Neighbourhood Condos is the
    ?
    most popular building out of 13 condos in the Stonegate - Queensway neighbourhood

    Transaction Insights at 150 Berry Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price Range$467,900 - $511,000$533,000No DataNo DataNo Data
    Avg. Cost Per Sqft$920$949No DataNo DataNo Data
    Avg. Wait for Unit Availability338 Days97 Days81 Days414 DaysNo Data
    Ratio of Units in Building25%34%29%12%2%

    Transactions vs Inventory

    Total number of units listed and sold in Stonegate - Queensway