116 George St 414

FOR SALE
$649,000
116 George St 414, Downtown Toronto
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
116 George St 414
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C8156320
MLSID
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Property Description
Exceptional And Impeccably Designed, This One-Of-A Kind 1 Bedroom Corner Showpiece Is Located In The Heart Of the St. Lawrence Market. It's Flawless Design Boasts An Oversized Floor Plan, A Huge Wrap Around Terrace, Soaring 10 foot ceilings, A Locker And So Much More! Bright And Sunny, This Home Offers enough space to work and live from home comfortably. Don't Miss Out On This One of A Kind Unit At The Vu Condos That Collides Both Lifestyle And Convenience Seamlessly.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-08 2024-03-19 71 $699,999 - Terminated
2023-11-17 2024-01-08 52 $699,999 - Terminated
Extras
Steps To Shops, Restaurants, Parks, St. Lawrence Market, Transportation And The Financial District.
Nearby Intersections
Property Details
Street
Community
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,905 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
FoyerMain9.68' x 4.10'Hardwood Floor, Closet, Open Concept
Prim BdrmMain10.70' x 10.66'Hardwood Floor, Large Window, Large Closet
KitchenMain8.07' x 12.24'Hardwood Floor, Breakfast Bar, Open Concept
LivingMain14.67' x 7.71'Hardwood Floor, Combined W/Dining, Open Concept
DiningMain8.07' x 12.24'Hardwood Floor, Combined W/Dining, W/O To Terrace
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
116 George St 414 is a 1-bedroom 1-bathroom condo listed for sale at $649,000, which is $45,456 (7.5%) higher than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.
Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) 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 (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% 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 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Stomp Realty Inc.
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