120 Parliament St 501
Moss Park, Downtown Toronto, M5A 0N6
FOR SALE
$489,000
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Property Description
Welcome Home to the East United Condos. Contemporary urban living at its finest. It is an excellent opportunity to enjoy this personal private space and tranquility yet be pampered with just steps to the Heart of the Distillery District's vibrant city life. At your door step is King Street's Transit, Historic Queen Street, TTC, St. Lawrence Market, The Financial District, Corktown, Colleges, easy Hwy access, bike paths, scenic trails along the DVP, underpass park, and a 15-minute walk to the Lake. This is luxury with convenience; open concepts with well-used space, functional and practical layouts, even the washer and dryer have a separate area with its own door. We are newly painted, have high-end countertops, integrated custom appliances, an updated European stylish open kitchen, laminated engineered floors, and a wonderful large open balcony. Enjoy the 5-star amenities with reliable security, concierge, guest suites, yoga and gym studios, party and media room, pet wash station, lots of visitor parking, bike storage, artists workshop, sauna, change rooms...and so much more! The amazing roof top deck has tailored gardens, a BBQ area, a fire pit, and stunning views. We also have a custom special cinema area too! All waiting for you, a must-see to truly appreciate.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-02-08 | 2021-03-04 | 24 | $1,550 | $1,550 | Leased |
2020-02-28 | 2020-03-13 | 13 | $1,950 | $1,950 | Leased |
Property Features
Clear View, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,146 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Parking 2
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 8.66' x 11.68' | Laminate, Balcony, Open Concept |
Dining | Flat | 8.66' x 11.68' | Laminate, Open Concept, Combined W/Living |
Kitchen | Flat | 11.58' x 11.58' | Laminate, Open Concept, Eat-In Kitchen |
Prim Bdrm | Flat | 8.33' x 10.76' | Laminate, Large Closet, Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Parliament St 501 is a 1-bedroom 1-bathroom condo listed for sale at $489,000, which is $77,911 (13.7%) lower than the average sold price of $566,911 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $2,289 (0.4%) compared to the previous 30 day period (October 12 - November 10) and down $14,503 (2.5%) from the same time one year ago.Inventory Change
There were 1,188 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 11 - December 10), which is up 13.8% compared with the previous 30 day period (October 12 - November 10) and up 27.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,181) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $1,261 decrease compared to the previous 30 day period (October 12 - November 10) and ($15,690) 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 (November 11 - December 10) stood at 47.1%, down from 52.3% over the previous 30 days (October 12 - November 10) and up from 44.0% 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 27 days when successfully sold over the last 30 days (November 11 - December 10), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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