117 Gerrard St E 503

FOR SALE
$539,900
117 Gerrard St E 503, Downtown Toronto
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
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117 Gerrard St E 503
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117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
117 Gerrard St E 503
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117 Gerrard St E 503
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117 Gerrard St E 503
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C10463710
MLSID
Contact Us
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.
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
Extras
Ensuite Laundry, Fitness Room, Outdoor Patio, Bbq Stations, Outdoor Hot Tub, Monthly Maintenance Is Inclusive Of All Utilities and Internet.
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
Property Details
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
Room Summary
RoomLevelSizeFeatures
FoyerFlat4.59' x 9.74'
KitchenFlat7.84' x 8.99'
SunroomFlat5.74' x 10.60'
LivingFlat10.93' x 20.24'Combined W/Dining
BreakfastFlat9.51' x 12.01'
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 $32,560 (5.7%) lower than the average sold price of $572,460 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,096 (0.9%) compared to the previous 30 day period (September 27 - October 26) and down $22,385 (3.8%) from the same time one year ago.
Inventory Change
There were 1,176 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 27 - November 25), which is down 9.4% compared with the previous 30 day period (September 27 - October 26) and up 0.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,032) (1.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,566 increase compared to the previous 30 day period (September 27 - October 26) and ($14,563) 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 27 - November 25) stood at 48.7%, up from 43.3% over the previous 30 days (September 27 - October 26) and up from 37.2% 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 27 - November 25), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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