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    427 - 281 Woodbridge Ave

    $679,9001 bd1 ba2 pk725 sqft
    36 Days on Strata
    Est Sell Timeframe:
    11 Days
    $679,900
    Price Cut: $699,000
    1 Bed + 1
    1 Bath
    2 Parking
    725 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $556/mth

    Taxes:

    $2,534 (2024)

    Cost Per Sqft:

    $938/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    North

    Possession Date:

    To Be Determined

    Laundry:

    Main

    Amenities

    Indoor Parking
    BBQs Allowed
    Guest Suites
    Gym
    Bike Storage
    Visitor Parking
    Media Room
    Party Room
    Concierge

    About this Listing

    Fantastic opportunity awaits in Downtown Woodbridge! Welcome to Unit 427 at the Renaissance Court Condos, where this 1 bed + den, 1 bath condo is sure to impress! Features an open-concept functional floor plan offering a 725sf + 95sf terrace wrapped in chic and modern finishes throughout! Newly renovated kitchen with quartz counter tops/backsplash, spacious den with a separate barn door, wainscotting feature wall at the main living room, and a barn board feature wall in the bedroom, walk-in closet, FULL walk-in laundry room, 2 parking spaces, 1 storage locker, 2 walkouts to the terrace, gas line for a BBQ, 9' ceilings, and much more! Amenities include a newly renovated fitness studio including brand-new state-of-the-art equipment and multipurpose fitness room, 24-hour concierge, party room, library room, and commercial retail on the ground floor. AAA location just steps to all of the fine amenities that Downtown Woodbridge has to offer, including Market Lane, restaurants, bakeries, banks, public transit, Rainbow Creek Trail, schools, places of worship, Highways 427/407, and 400, and much more! This one must be seen!

    ExtrasSS fridge, stove, DW, microwave range hood, quartz countertops with matching backsplash, oversized deep sink, newly renovated white kitchen cabinets, upgraded ELF's, window coverings, 2 parking spaces, 1 locker, walk in laundry room (rare in the building). Heating System (R). Excl: Television Mounts.

    re/max expertsMLS® #N12022530

    Fees & Utilities

    Maintenance Fees

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

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Kitchen

    Quartz Counter, Ceramic Back Splash, Ceramic Floor

    8.69 x 8.01ft

    Dining

    hardwood floor, Open Concept, Breakfast Bar

    10.3 x 15.58ft

    Living

    hardwood floor, Combined with Dining, Walkout To Balcony

    10.3 x 15.58ft

    Den

    hardwood floor, French Doors

    8.2 x 6.99ft

    Primary

    hardwood floor, Walk-in Closet, Window

    10.01 x 16.21ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    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!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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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 Renaissance Court Condos spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    6.4
    YEARS before being sold again

    Property Value

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

    Price Ranking

    10th
    Highest price per SQFT out of 36 condos in the Woodbridge area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Renaissance Court Condos offers the
    ?
    best value out of 36 condos in the Woodbridge neighbourhood

    Appreciation Rank

    Renaissance Court Condos has the
    ?
    highest ROI out of 36 condos in the Woodbridge neighbourhood

    Rental Yield

    Renaissance Court Condos yields the
    ?
    highest rent prices out of 36 condos in the Woodbridge neighbourhood

    High Demand

    Renaissance Court Condos is the
    ?
    most popular building out of 36 condos in the Woodbridge neighbourhood

    Market Insights

    Transaction Insights at Renaissance Court Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$549,900$620,000No DataNo Data$1,290,000
    Avg. Cost Per Sqft$734$840No DataNo Data$866
    Avg. Wait for Unit Availability206 Days68 Days82 Days802 DaysNo Data
    Ratio of Units in Building18%40%38%5%2%

    Market Inventory

    Total number of units listed and sold in Woodbridge