1 Promenade Circ B-2500

FOR SALE
$549,000
1 Promenade Circ B-2500, Vaughan
1 Promenade Circ B-2500
1 Promenade Circ B-2500
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
N9388538
MLSID
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Property Description
Assignment Sale - Promenade Park Towers B, Occupancy Early-November 2024. 1Bdrm + Den, 592 SQFT + Balcony. This property boasts a practical layout with an east-facing exposure. The building offers various amenities such as a gym, party room, yoga studio, golf simulator, and more. Ideally situated in the heart of Thornhill, it provides easy access to public transit, schools, shopping, restaurants, and direct entry to Promenade Mall.
Extras
1 parking incl.
Nearby Intersections
Property Features
Library, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Vaughan Market Statistics
Vaughan Price Trend
1 Promenade Circ B-2500 is a 1-bedroom 1-bathroom condo listed for sale at $549,000, which is $3,593 (0.7%) lower than the average sold price of $552,593 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Vaughan increased by $2,093 (0.4%) compared to the previous 30 day period (August 18 - September 16) and down $40,681 (6.9%) from the same time one year ago.
Inventory Change
There were 123 1-bedroom condos listed in Vaughan over the last 30 days (September 17 - October 16), which is up 13.9% compared with the previous 30 day period (August 18 - September 16) and up 19.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Vaughan typically sold ($8,068) (1.5%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,949 increase compared to the previous 30 day period (August 18 - September 16) and ($8,520) 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 1-bedroom condos in Vaughan over the last 30 days (September 17 - October 16) stood at 26.0%, down from 41.7% over the previous 30 days (August 18 - September 16) and down from 30.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Vaughan stood at 34 days when successfully sold over the last 30 days (September 17 - October 16), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Success Team
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