FOR SALE
$1,189,000
1 Market St 1611, Downtown Toronto
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C8278576
MLSID
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Property Description
Are you a city enthusiast? Imagine having the iconic St. Lawrence Market just steps away from your home. Picture yourself enjoying city and Lake Ontario views from your exclusive terrace. If this piques your interest, Unit 1611 at 1 Market St in downtown Toronto is calling your name.This rare corner unit offers over 1,000sq ft of open concept living space, perfect for various family structures. Floor-to-ceiling windows bathe the interior in natural light and provide breathtaking panoramic views. The kitchen features an island with potential for a breakfast bar, ideal for casual meals and entertaining. Stainless steel appliances, including a gas stove, add a touch of luxury uncommon in condo living. Step out onto the spectacular balcony, extending your dining and entertaining space. The combined living and dining area boasts sleek hardwood floors and offers flexibility for different layouts. There's even a cozy nook for a reading area or second desk.This apartment includes 2 spacious bedrooms plus a bonus den currently used as an office. The primary bedroom features his and hers closets, a large ensuite bath, and balcony access. The second bedroom has its own exclusive balcony with lake views, an ideal spot for morning coffee. Additional features include in-suite laundry and a second full bathroom. The building offers top-notch amenities like a gym, sauna, guest suites, party lounge, rooftop deck, media room, business centre, and 24hr concierge. Located steps from St. Lawrence Market and minutes from Union Station, the Entertainment and Financial Districts, this address puts you at the heart of city life. Enjoy nearby green spaces like Sugar Beach, Berczy Park, and the Toronto Waterfront perfect balance of urban living and natural beauty.
Property Features
Arts Centre, Clear View, Park, Public Transit, School, Waterfront
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,624 (2023)
Basement
None
Exterior
Brick Front, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (L4)
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingFlat9.19' x 18.47'Hardwood Floor, Window Flr To Ceil, Open Concept
DiningFlat8.23' x 16.04'Hardwood Floor, Window Flr To Ceil, W/O To Balcony
KitchenFlat6.66' x 11.68'Tile Floor, Quartz Counter, Stainless Steel Appl
Prim BdrmFlat11.35' x 18.83'W/O To Balcony, His/Hers Closets, 4 Pc Ensuite
2nd BrFlat10.63' x 10.83'W/O To Balcony, Double Closet, Window Flr To Ceil
DenFlat11.98' x 9.74'Hardwood Floor, Open Concept
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 Market St 1611 is a 2-bedroom 2-bathroom condo listed for sale at $1,189,000, which is $357,295 (43.0%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.
Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max All-Stars Realty Inc.
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