10 Morrison St 901
Waterfront Communities C1, Downtown Toronto, M5V 2T8
FOR SALE
$1,050,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC9396157
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Property Description
A designer lower penthouse loft for sale in the heart of Toronto's vibrant King West neighbourhood. Showcasing an over 50-foot balcony with breathtaking city views and boasting almost 1250 square feet of combined interior and exterior space with dramatic 10-foot ceiling heights. The interior has been thoughtfully designed by architect Nova Tayona, with custom millwork throughout and sliding glass walls to create the perfect living and entertaining space. A premium Scavolini kitchen offers a chef's island, built-in appliances and stone countertops. The primary bedroom offers a spa-like ensuite bathroom with a customized walk-in closet and a spacious den/home office ideal for work-from-home professionals. Amenities include visitor parking, bike storage, a security system, and a gas line to the balcony with permitted BBQ use. Fashion District Lofts is located at the epicentre of Toronto's vibrant King West, steps from St Andrew's Dog Park and the highly anticipated Waterworks Food Hall. Residents will enjoy easy access to some of downtown's finest restaurants, cafes, and premier shopping destinations, making this an ideal location for those wanting to be in the centre of it all.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-11 | 2024-10-15 | 34 | $1,050,000 | - | Terminated |
| 2024-09-11 | 2024-10-04 | 23 | $1,050,000 | - | Suspended |
| 2024-07-04 | 2024-09-11 | 69 | $1,098,000 | - | Terminated |
| 2023-07-13 | 2023-07-23 | 10 | $4,500 | $4,500 | Leased |
| 2021-08-27 | 2021-09-10 | 14 | $3,800 | $3,800 | Leased |
Extras
***One owned parking spot + two owned storage lockers*** An ideal investment opportunity or a spectacular dwelling for urban professionals alike with rare 50-feet of linear floor-to-ceiling windows and two walk-outs to expansive balcony.
Nearby Intersections
Property Features
Arts Centre, Clear View, Hospital, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
900-999
Taxes
$4,197 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (A/5)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
10 Morrison St 901 is a 1-bedroom 2-bathroom condo listed for sale at $1,050,000, which is $475,918 (82.9%) higher than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.Inventory Change
There were 1,421 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) 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 1-bedroom condos in Downtown Toronto over the last 30 days (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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