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    for sale
    56 Days on Strata
    Est Sell Timeframe:
    29 Days
    $829,888
    2 Beds
    2 Bath
    1 Parking
    1,128 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $1,047/mth
    Taxes:
    $2,820 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $736/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    Jan 15
    Exposure:
    North

    Amenities

    BBQs Allowed
    Car Wash
    Gym
    Party Room
    Rec Room
    Visitor Parking

    About this Listing

    Welcome to The Terraces of Woodbridge. A rare chance to own a renovated, barely lived-in residence in the coveted Market Lane, part of the Woodbridge Heritage Conservation District. This thoughtfully updated home showcases a brand-new kitchen with quartz countertops, like-new appliances, beautifully redesigned bathrooms, and custom closet organizers throughout. The well-planned layout includes two spacious bedrooms, two bathrooms, an open-concept living and dining area, a versatile laundry/storage room, and a covered balcony with picturesque views of charming Woodbridge Avenue. Set in the heart of Market Lane, the location offers unmatched walkability, just steps from shops, cafés, restaurants, everyday essentials, and scenic trails along the Humber River. For commuters, convenience is second to none. Residents enjoy access to excellent building amenities, including a private terrace, fitness centre with sauna and change rooms, party/meeting room, guest suite, visitor parking, on-site management, and a beautifully landscaped courtyard. Experience modern comfort in a vibrant, historic community. This home is ready to welcome its next owner.

    ExtrasElectric Light Fixtures, Window Coverings, Stainless Steel Fridge, Stainless Steel Stove, Stainless Steel Hood Fan, Stainless Steel Dishwasher, Built-in Cabinets

    your home sold guaranteed realty intercity plus inc.MLS® #N12429128

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Kitchen
    11.35 x 8.04ft
    Laminate, Combined with Dining, Modern Kitchen
    Dining
    22.47 x 12.21ft
    Laminate, Combined with Living, Open Concept
    Living
    22.47 x 12.21ft
    Laminate, Walkout To Balcony, Pot Lights
    Primary
    18.14 x 11.58ft
    Laminate, 4 Piece Ensuite, Closet Organizers
    2nd Bedroom
    12.86 x 10.43ft
    Laminate, Large Window, Large Closet

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Woodbridge

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    3/10
    Bikeability
    If biking were a video game, this would be expert mode.

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    Demographics

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

    Population
    28,955
    Average Individual Income
    $74,710
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $123,003
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    19%
    50 - 64
    23%
    65+
    18%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    24%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    47%
    Semi Detached
    24%
    High Rise Apartment
    12%
    Low Rise Apartment
    9%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    10%
    Mandarin
    7%
    Cantonese
    5%
    Punjabi
    2%
    Russian
    1%
    Tagalog
    1%
    Education
    University and Above
    31%
    High School
    28%
    College
    17%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%


    Days on Strata

    Units at The Terraces of Woodbridge Condos spend an average of
    53
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    6.6
    YEARS before being sold again

    Property Value

    -38%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 41 condos in the Woodbridge area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    The Terraces of Woodbridge Condos offers the
    ?
    best value out of 41 condos in the Woodbridge neighbourhood

    Appreciation Rank

    The Terraces of Woodbridge Condos has the
    ?
    highest ROI out of 41 condos in the Woodbridge neighbourhood

    Rental Yield

    The Terraces of Woodbridge Condos yields the
    ?
    highest rent prices out of 41 condos in the Woodbridge neighbourhood

    High Demand

    The Terraces of Woodbridge Condos is the
    ?
    most popular building out of 41 condos in the Woodbridge neighbourhood

    Market Insights

    Transaction Insights at The Terraces of Woodbridge Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$768,000 - $880,000$825,000 - $1,250,000
    Avg. Cost Per SqftNo DataNo Data$644$690
    Avg. Wait for Unit Availability912 Days408 Days199 Days237 Days
    Ratio of Units in Building8%9%50%30%

    Market Inventory

    Total number of units listed and sold in Woodbridge