117 Gerrard St E 503
Church-Yonge Corridor, Downtown Toronto, M5B 2L4
FOR SALE
$539,900
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BEDROOMS1
BATHROOMS1
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Property Description
Outstanding 1 bedroom opportunity. Meticulously cared for and updated by the owners. Bright unit with sun room/den. Large bedroom with walk in closet. 4pce bath with upgraded finishes. Great downtown location with easy access to amenities. **EXTRAS** Ensuite Laundry, Fitness Room, Outdoor Patio, Bbq Stations, Outdoor Hot Tub, Monthly Maintenance Is Inclusive Of All Utilities and Internet.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-08 | 2024-10-31 | 115 | $539,900 | - | Expired |
| 2024-03-20 | 2024-06-30 | 103 | $569,900 | - | Expired |
| 2023-08-29 | 2023-12-01 | 94 | $589,900 | - | Expired |
Nearby Intersections
Jarvis & Dundas (127)
Jarvis & Carlton (98)
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,966 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 4.59' x 9.74' | |
| Kitchen | Flat | 7.84' x 8.99' | |
| Sunroom | Flat | 5.74' x 10.60' | |
| Living | Flat | 10.93' x 20.24' | Combined W/Dining |
| Breakfast | Flat | 9.51' x 12.01' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
117 Gerrard St E 503 is a 1-bedroom 1-bathroom condo listed for sale at $539,900, which is $19,331 (3.5%) lower than the average sold price of $559,231 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,008 (0.5%) compared to the previous 30 day period (December 20 - January 18) and down $36,630 (6.1%) from the same time one year ago.Inventory Change
There were 1,362 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 47.6% compared with the previous 30 day period (December 20 - January 18) and up 27.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,787) (2.6%) below asking price over the last 30 days (January 19 - February 17), which represents a $1,429 decrease compared to the previous 30 day period (December 20 - January 18) and ($10,396) 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 (January 19 - February 17) stood at 25.6%, down from 34.0% over the previous 30 days (December 20 - January 18) and down from 52.6% 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 34 days when successfully sold over the last 30 days (January 19 - February 17), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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