543 Timothy Street
Building Details
Listing History for Specialty Lofts
Amenities
Maintenance Fees
About 543 Timothy Street — Specialty Lofts
Located at 543 Timothy Street, Specialty Lofts is a 3-storey soft loft containing 56 units. These Newmarket soft lofts were developed by MG Lewis Ltd. and completed in 2005. Units start at 649 square feet and can be as large as 1477 square feet. What makes a Central Newmarket soft loft for sale most appealing is all that the neighbourhood has to offer.
This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 73. Maintenance fees at 543 Timothy Street are $1.08 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).
The Suites
On average, units at 543 Timothy Street sell -3.39% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $801 and units sell with 23 days on market on average. Over the past 12 months, 2 have sold and 1 has have been rented here.
The Neighbourhood
Living here means you’re just a 3-minute walk from Joia on Main, Ground Burger Bar and Ghost Taco, making it easy to dazzle your taste buds without much effort. Get to know Central Newmarket by exploring local cafes like The Maids Cottage, Empress Café The Gourmet House and BB Cafe- Newmarket.
There are a number of grocery stores within a short drive, including Variety Mart and Vince's Market.
Planning for your future is easy with Meridian Newmarket and National Bank in the area.
Having Fairy Lake Park, All Our Kids Playpark and Fairgrounds Park within 10 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.
Like to shop? Everything you need is close by when you live at 543 Timothy Street, including York Town Square which are only 5 away.
When the weekend rolls around, Elman W. Campbell Museum and Keith Bridge Public Art Display are within a short 2-minute drive away.
There are plenty of nearby school choices — Maple Leaf Public School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Pickering College, Sacred Heart Catholic High School and Huron Heights Secondary School.
Transportation
Taking public transit? The nearest light transit stop is Davis Dr / Parkside Dr.
Anyone who isn’t sold on this development but loves the area, might want to check out 115 Main Street S, 270 Davis Drive and 260 Davis Drive, which are similar soft lofts in the area.
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Price Trends
Maintenance Fees
Building Trends At Specialty Lofts
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 543 Timothy Street
1 Bed | 1 Bed + Den | 2 Bed | |
---|---|---|---|
Price Range | $570,000 | $750,000 | No Data |
Avg. Cost Per Sqft | $855 | $805 | No Data |
Price Range | $2,600 | No Data | No Data |
Avg. Wait for Unit Availability | 154 Days | 454 Days | 188 Days |
Avg. Wait for Unit Availability | 316 Days | No Data | No Data |
Ratio of Units in Building | 52% | 16% | 33% |
Unit Sales vs Inventory
Total number of units listed and sold in Central Newmarket