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    Toronto / North York / Downsview

    1012 - 15 James Finlay Way

    For SaleIon Condos
    $549,000
    1 Bed + 1
    1 Bath
    1 Parking
    615 SQFT
    9 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $623/mth
    Taxes:
    $2,611 (2024)
    Cost Per Sqft:
    $893/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    North East
    Possession Date:
    November 7, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate, Walkout To Terrace
    10.43 x 9.61ft
    Den
    Combined with Living, Laminate, Open Concept
    7.45 x 5.74ft
    Kitchen
    Stainless Steel Appliances, Laminate, Granite Counter
    11.94 x 10.2ft

    About this Listing

    Stunning & bright C-O-R-N-E-R suite with a massive terrace [615 sq ft indoors + 540 sq ft outdoors = 1,155 sq ft of incredible living space] with beautiful views and ample room for entertaining! A unique opportunity! Located in the convenient and high demand Downsview community in the heart of North York! Freshly painted and move in ready! 9' ceilings and laminate flooring. Modern kitchen features granite counters, S/S appliances and tile backsplash. The den offers the perfect work from home office solution! Steps to grocery stores, cafes, dining, shopping, banks, community centre, hospital and more. Close to highways 401 & 400, public transit, Wilson Station, Yorkdale Mall & Downsview Park.

    ExtrasAmenities on 6th Floor. Pictures have been virtually staged.

    royal lepage signature realtyMLS® #W9384745

    Amenities

    Rec Room
    Concierge
    Rooftop Deck
    Party Room
    Media Room
    Visitor Parking

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

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

    Population
    16,153
    Average Individual Income
    $58,419
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $101,233
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    27%
    35 - 49
    18%
    50 - 64
    21%
    65+
    18%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    25%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    30%
    Semi Detached
    18%
    Low Rise Apartment
    4%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    49%
    Cantonese
    18%
    Mandarin
    15%
    Other
    13%
    Tagalog
    2%
    Tamil
    2%
    Spanish
    1%
    Education
    University and Above
    34%
    High School
    25%
    None
    18%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    29%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Ion Condos vs The Downsview Area

    Building Trends At Ion Condos

    Days on Strata

    Units at Ion Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Downsview

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 21 condos in the Downsview area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    Ion Condos offers the
    ?
    best value out of 21 condos in the Downsview neighbourhood

    Appreciation Rank

    Ion Condos has the
    ?
    highest ROI out of 21 condos in the Downsview neighbourhood

    Rental Yield

    Ion Condos yields the
    ?
    highest rent prices out of 21 condos in the Downsview neighbourhood

    High Demand

    Ion Condos is the
    ?
    most popular building out of 21 condos in the Downsview neighbourhood

    Transaction Insights at 15 James Finlay Way

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$310,000$515,000$516,500 - $542,000$585,000 - $599,900
    Avg. Cost Per Sqft$946$916$769$717
    Avg. Wait for Unit Availability396 Days53 Days34 Days114 Days
    Ratio of Units in Building6%36%45%15%

    Transactions vs Inventory

    Total number of units listed and sold in Downsview