FOR SALE
$679,000
1 Market St 2512, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C11824812
MLSID
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Property Description
You know you've made it when you walk into this exquisite 1+1 bedroom suite with a huge west facing balcony, owned locker, & oversized parking space with EV charger! Located just south of St Lawrence Market in the heart of downtown. This suite offers an unparalled living experience, featuring stunning billion dollar views of the city skyline and Lake Ontario. 670 interior sq ft. Open concept living room, dining room, kitchen. 9ft smooth ceilings, newer stylish flooring throughout. Conveniently located storage & coat closet. Modern kitchen with island, stone countertops, undermounted sink, & stainless steel appliances. 4 pc bath with shower enclosure & deep soaker tub. Generous sized bedroom includes blackout window coverings. The den currently being used as an office, is large enough to be a second bedroom. Check out the world class amenities on the sixth floor including a screening room, guest suites, gym, yoga & Pilates room, saunas, boardroom with a kitchen, outdoor sun deck with bbq & garden, paid visitor parking & more! 24 hour security. Location location location! Steps from Union Station, the Financial District, the Distillery District, Scotiabank Arena, The Dome, Meridian Center & the Toronto Harbourfront. Also a short ride to Billy Bishop Airport. This is the one you've been waiting for!
Extras
Locker located on the fourth floor, last door on the south end of the east side. Own room, not a cage. Approx. 3.5ft wide x 7.5ft deep x 9ft tall. EV charger is a level 2.
Property Features
Arts Centre, Hospital, Lake/Pond, Place Of Worship, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,355 (2024)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (2)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingGround8.17' x 10.70'Vinyl Floor, W/O To Balcony, West View
DiningGround5.84' x 10.70'Vinyl Floor, Combined W/Kitchen, Open Concept
KitchenGround10.56' x 11.42'Ceramic Floor, Combined W/Dining, Stainless Steel Appl
BrGround10.50' x 12.04'Large Window, Double Closet
BathroomGround5.87' x 12.04'4 Pc Bath
OfficeGround7.84' x 6.66'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 Market St 2512 is a 1-bedroom 1-bathroom condo listed for sale at $679,000, which is $110,827 (19.5%) higher than the average sold price of $568,173 in the last 30 days (November 4 - December 3). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $2,833 (0.5%) compared to the previous 30 day period (October 5 - November 3) and down $22,190 (3.8%) from the same time one year ago.
Inventory Change
There were 1,088 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 4 - December 3), which is down 11.4% compared with the previous 30 day period (October 5 - November 3) and up 9.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,965) (1.9%) below asking price over the last 30 days (November 4 - December 3), which represents a $1,390 increase compared to the previous 30 day period (October 5 - November 3) and ($15,341) more 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 1-bedroom condos in Downtown Toronto over the last 30 days (November 4 - December 3) stood at 54.4%, up from 44.1% over the previous 30 days (October 5 - November 3) and up from 42.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 30 days when successfully sold over the last 30 days (November 4 - December 3), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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