116 George St N904

FOR SALE
$595,000
116 George St N904, Downtown Toronto
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
116 George St N904
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C9251918
MLSID
Contact Us
Property Description
You'll love the airy feel of this bright, open concept space which offers an exceptional floor plan. A wall of floor to ceiling windows runs the entire width of the unit. The kitchen features stainless steel appliances and granite countertops. Entertain on your private balcony. The primary bedroom has a large triple closet with exceptional storage. The laundry room has enough space for pantry shelving or additional storage. Vu offers an amazing downtown location just steps to public transit, George Brown College, the Financial District and the world-famous St. Lawrence Market. Easy access to the Gardiner & DVP, Billy Bishop Airport and the Toronto waterfront. Live, work, & play in one fantastic neighbourhood!
Extras
Excellent facilities with guest suite, fitness centres in both towers. 24-hr security, large roof top terrace with BBQ's.
Nearby Intersections
Property Features
Clear View, Park, Place Of Worship, Public Transit, School
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,582 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenFlat8.14' x 13.12'Stainless Steel Appl, Granite Counter, Laminate
LivingFlat13.52' x 18.93'Combined W/Dining, W/O To Balcony, Laminate
DiningFlat13.52' x 18.93'Combined W/Living, Laminate
BrFlat9.22' x 9.97'Large Closet, Broadloom
OtherFlat7.05' x 8.96', Concrete Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
116 George St N904 is a 1-bedroom 1-bathroom condo listed for sale at $595,000, which is $29,016 (5.1%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.
Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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