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    66 - 1558 Lancaster Dr

    $889,0003 bds2 ba2 pk1,200 - 1,399 sqft
    15 Days on Strata
    Est Sell Timeframe:
    10 Days
    $889,000
    3 Beds
    2 Bath
    2 Parking
    1,200 - 1,399 SQFT

    Listing History


    Details

    Ownership Type:

    Condominium

    Property Type:

    Townhouse

    Maintenance Fees:

    $462/mth

    Taxes:

    $2,785 (2024)

    Cost Per Sqft:

    $635 - $741/sqft

    Outdoor Space:

    None

    Locker:

    None

    Exposure:

    East

    Possession Date:

    90 day/Flexible

    Laundry:

    Lower

    Amenities

    Indoor Parking
    BBQs Allowed
    Visitor Parking

    About this Listing

    Nestled in the desirable Falgarwood neighbourhood, backing onto greenspace, this fully renovated 3 bed, 2 bathroom condo townhome offers a great opportunity for young families, downsizers, or anyone eager to find a turnkey home in a fantastic location. As you step inside, you're welcomed by a beautifully updated interior that boasts fresh, contemporary finishes throughout. The main level offers an open concept layout with a sleek, new kitchen equipped with a large centre island, quartz countertops and stainless steel appliances. The living and dining areas flow seamlessly into the upgraded backyard, which is perfect for entertaining. Upstairs is the primary bedroom with walk-in closet, 2 additional bedrooms and a renovated main bathroom. No work needed! The finished basement offers a rec room with built-in work area and an updated new bathroom. This townhome excels with its proximity to top-rated schools, dining options, grocery stores, and community amenities including the public outdoor pool and the Iroquois Recreation Centre providing a host of options for family activities. For those who commute or love weekend getaways, the GO station and highway access are merely a short drive away, making it easier than ever to navigate the area and beyond. This fully renovated, functional home is move-in-ready - don't miss out on this incredible opportunity to own in Falagarwood a delightful place to call home.

    ExtrasGE Profile SS fridge, smooth stop stove, GE BI dishwasher, Panasonic hoodfan/micro; Maytag 5000 Series washer and dryer; all ELFs; all window coverings; bathroom mirrors; GDO +1 remote

    royal lepage real estate services phinney real estateMLS® #W12066357

    Fees & Utilities

    Maintenance Fees

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

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    16.41 x 7.91ft

    Dining

    8.43 x 10.07ft

    Kitchen

    10.76 x 10.34ft

    Primary

    15.91 x 12.4ft

    Bedroom

    14.17 x 9.09ft

    Bedroom

    10.93 x 8.92ft

    Rec

    14.08 x 17.65ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Iroquois Ridge South


    Commute Calculator

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    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    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
    6,488
    Average Individual Income
    $70,549
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $112,818
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    21%
    50 - 64
    20%
    65+
    17%
    Household Income
    $0 - $30,000
    38%
    $30,000+
    27%
    $60,000+
    18%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    92%
    Other
    6%
    Punjabi
    2%
    Education
    High School
    30%
    University and Above
    24%
    College
    24%
    None
    14%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Social Sciences
    12%
    Health & Related Fields
    9%
    Education
    7%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Physical Sciences
    2%


    Days on Strata

    Units at 1516 Lancaster Drive Townhomes spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    7
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 8 condos in the Iroquois Ridge South area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    1516 Lancaster Drive Townhomes offers the
    ?
    best value out of 8 condos in the Iroquois Ridge South neighbourhood

    Appreciation Rank

    1516 Lancaster Drive Townhomes has the
    ?
    highest ROI out of 8 condos in the Iroquois Ridge South neighbourhood

    Rental Yield

    1516 Lancaster Drive Townhomes yields the
    ?
    highest rent prices out of 8 condos in the Iroquois Ridge South neighbourhood

    High Demand

    1516 Lancaster Drive Townhomes is the
    ?
    most popular building out of 8 condos in the Iroquois Ridge South neighbourhood

    Market Insights

    Transaction Insights at 1516 Lancaster Drive Townhomes

    3 Bed3 Bed + Den
    Price Range$750,000 - $869,500No Data
    Avg. Cost Per Sqft$693No Data
    Avg. Wait for Unit Availability25 Days561 Days
    Ratio of Units in Building93%8%

    Market Inventory

    Total number of units listed and sold in Iroquois Ridge South