543 Timothy St 218
Central Newmarket, Newmarket, L3Y 1R1
FOR SALE
$682,000
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BEDROOMS1
BATHROOMS1
KITCHENS3
ROOMSN11961520
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Property Description
Discover the ultimate condo lifestyle at 543 Timothy Street, Unit 218. This downtown gem features two parking spots, one surface and one underground, and a rooftop patio to enjoy city events with dining and cocktails. The condo offers a large party room, a private theatre, games room, and gym. Recent upgrades include a new flat roof, high-quality insulated windows, enhanced heating systems coming with freshly painted common areas, ensuring a sleek, modern look. Utilities and parking, Locker, are included, providing a truly turnkey experience. Located in a vibrant neighborhood, you're steps away from fine dining, boutique shopping, and walking trails along Fairy Lake, extending through neighboring towns. Embrace a maintenance-smart lifestyle with all the amenities for entertainment and relaxation right at your doorstep. The Fabulous Bright and Spacious 800Sqft Loft is filled with Natural Light, 15ft Ceilings, Open Concept Kitchen with Granite counters and backsplash and plenty of cupboards. Warm and super inviting. The Primary Suite has a Massive Walk in closet with En-Suite Laundry. The Second Floor is the Best floor, Higher Ceilings and the wall is all brick for greater insulation purpose. Super quiet and friendly atmosphere. Don't hesitate!
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Nearby Intersections
Property Features
Hospital, Public Transit, River/Stream
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
800-899
Taxes
$2,924 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive (Level 1 Unit 68)
Parking 2
Exclusive (Level 1 Unit 68)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | 2nd | 15.58' x 18.70' | Beamed, Laminate, Combined W/Dining |
| Kitchen | 2nd | 9.19' x 12.47' | Laminate, B/I Appliances, Granite Counter |
| Prim Bdrm | 2nd | 12.96' x 13.12' | W/I Closet, 4 Pc Ensuite, Laminate |
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Newmarket Market Statistics
Newmarket Price Trend
543 Timothy St 218 is a 1-bedroom 1-bathroom condo listed for sale at $682,000, which is $125,750 (22.6%) higher than the average sold price of $556,250 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 1 bedroom condo in Newmarket increased by $46,250 (9.1%) compared to the previous 30 day period (December 20 - January 18) and down $102,083 (15.5%) from the same time one year ago.Inventory Change
There were 6 1-bedroom condos listed in Newmarket over the last 30 days (January 19 - February 17), which is up 200.0% compared with the previous 30 day period (December 20 - January 18) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Newmarket typically sold ($26,245) (4.7%) below asking price over the last 30 days (January 19 - February 17), which represents a $6,245 decrease compared to the previous 30 day period (December 20 - January 18) and ($16,633) 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 1-bedroom condos in Newmarket over the last 30 days (January 19 - February 17) stood at 33.3%, down from 50.0% over the previous 30 days (December 20 - January 18) and down from 150.0% 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 Newmarket stood at 120 days when successfully sold over the last 30 days (January 19 - February 17), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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