111 Elizabeth St 515
Bay Street Corridor, Downtown Toronto, M5G 1P7
FOR SALE
$639,000
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Property Description
Welcome to One City Hall in the heart of Toronto. This one-bedroom, one-bath open-concept suite is a blank canvas waiting for your personal touch. Fabulous layout with a semi-ensuite. Large windows offer a west exposure with a full balcony that is both open and covered. It is steps from Yonge Dundas Square, Eaton Center, City Hall, Art Gallery of Ontario, and Toronto's best universities, colleges, and hospitals. Fantastic amenities: indoor pool, sauna, gym, rooftop terrace, BBQs, 2-level party room, guest suites, ride share, visitor parking, 24-hrs security, and concierge services. Longo's Market is right downstairs. With a 99 walk score and a 100 transit score you don't need a car to complete errands, just leave your vehicle parked in the included spot. This location is as good as it gets.
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Extras
Laminate flooring redone in 2020. Furniture can be included.
Nearby Intersections
University & Dundas (51)
Bay & Dundas (27)
Property Features
Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,754 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level E Unit 39)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 14.76' x 18.37' | W/O To Balcony, Laminate, Window Flr to Ceil |
Dining | Ground | 14.76' x 18.37' | Combined W/Living, Laminate |
Kitchen | Ground | 8.86' x 17.39' | Modern Kitchen, Laminate, Open Concept |
Prim Bdrm | Ground | 9.19' x 11.48' | Semi Ensuite, Laminate, Double Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
111 Elizabeth St 515 is a 1-bedroom 1-bathroom condo listed for sale at $639,000, which is $69,617 (12.2%) higher than the average sold price of $569,383 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $96 (0.0%) compared to the previous 30 day period (September 24 - October 23) and down $20,298 (3.4%) from the same time one year ago.Inventory Change
There were 1,158 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 24 - November 22), which is down 11.4% compared with the previous 30 day period (September 24 - October 23) and down 6.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,925) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,659 increase compared to the previous 30 day period (September 24 - October 23) and ($13,687) 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 (October 24 - November 22) stood at 50.5%, up from 43.6% over the previous 30 days (September 24 - October 23) and up from 36.2% 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 32 days when successfully sold over the last 30 days (October 24 - November 22), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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