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    413 - 707 Dovercourt Rd

    $499,9991 bd1 ba1 pk489 sqft
    For Sale707 Lofts
    5.0
    2 Days on Strata
    Est Sell Timeframe:
    12 Days
    $499,999
    1 Bed
    1 Bath
    1 Parking
    489 SQFT

    Listing History


    Details

    Ownership Type:

    Condominium

    Property Type:

    Soft Loft

    Maintenance Fees:

    $606/mth

    Taxes:

    $2,425 (2024)

    Cost Per Sqft:

    $1,022/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    North West

    Possession Date:

    Immediately

    Laundry:

    Main

    Amenities

    Visitor Parking
    Party Room
    Bike Storage
    BBQs Allowed
    Gym
    Security System

    About this Listing

    Welcome to 707 Lofts, this unique boutique building, located right between the vibrant neighbourhoods of Dufferin Grove & Dovercourt Village, was completed approximately 10 years ago in conjunction with the characteristic Church lofts to the south. The building comprises of only 77 Units over 5 storeys and are mostly owner-occupied. This building offers a sense of community, security, and quality. Take advantage of the direct access to TTC via the Bloor Street Subway which is literally a few minutes walk away. Locationally, the area needs no introduction, two hip hoods meeting at Bloor St W. with a multitude of restaurants, bistros, cafes, bars, smaller boutique stores, independent movie theater hosting avande garde movies, live classical candlelight musical renditions of contemporary albums. Hop skip and a jump down to the vibrant College/Ossington food scene, hip Queen West, grocery stores, public library, gyms, parks and schools all close by. Easy commute to U of T and downtown. Folks the list goes on and on... Hopefully that whets your appetite for the neighbourhood, now lets talk about your next chapter in ownership, be it your next home or indeed as an investment property! An airy one-bedroom corner suite faces both west and north is full of natural light. It features an open living/dining space with 9-foot ceilings, large windows, a private bedroom, (no sliding glass doors here folks), and two balconies. One balcony is a large 178 Sq Ft terrace, great for entertaining or relaxation as you watch the sun set over the Torontos skyline. Furthermore this terrace is not overlooked by any other balcony providing an even more light and airy feel to the condo than one would expect. Welcome folks - bring your fancy shoes!

    ExtrasAll appliances, All Electrical Light Fixtures.

    keller williams referred urban realtyMLS® #C12066757

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Foyer

    3.41 x 24.64ft

    Living

    14.47 x 7.42ft

    Kitchen

    14.47 x 4.3ft

    Bedroom

    10.7 x 9.45ft

    Bathroom

    7.78 x 5.25ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Palmerston | Little Italy


    Commute Calculator

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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Mortgage Calculator


    Demographics

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

    Population
    6,600
    Average Individual Income
    $74,134
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $115,616
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    18%
    35 - 49
    18%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    10%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    31%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    15%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    63%
    Other
    13%
    Mandarin
    10%
    Cantonese
    10%
    Tamil
    2%
    Tagalog
    1%
    Korean
    1%
    Education
    University and Above
    40%
    High School
    23%
    College
    14%
    None
    13%
    University Below Batchelor
    4%
    Apprenticeship
    3%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    18%
    Health & Related Fields
    14%
    Social Sciences
    12%
    Humanities
    6%
    Math & Computer Sciences
    6%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%


    Days on Strata

    Units at 707 Lofts spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Palmerston | Little Italy

    Turnover of Units

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

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 14 condos in the Palmerston | Little Italy area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    707 Lofts offers the
    ?
    best value out of 14 condos in the Palmerston | Little Italy neighbourhood

    Appreciation Rank

    707 Lofts has the
    ?
    highest ROI out of 14 condos in the Palmerston | Little Italy neighbourhood

    Rental Yield

    707 Lofts yields the
    ?
    highest rent prices out of 14 condos in the Palmerston | Little Italy neighbourhood

    High Demand

    707 Lofts is the
    ?
    most popular building out of 14 condos in the Palmerston | Little Italy neighbourhood

    Market Insights

    Transaction Insights at 707 Lofts

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$485,000 - $550,000No Data$599,000 - $835,000No Data
    Avg. Cost Per SqftNo Data$903No Data$959No Data
    Avg. Wait for Unit Availability626 Days95 Days598 Days275 DaysNo Data
    Ratio of Units in Building8%58%11%19%5%

    Market Inventory

    Total number of units listed and sold in Palmerston | Little Italy


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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