120 Parliament St 516

FOR SALE
$699,900
120 Parliament St 516, Downtown Toronto
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
120 Parliament St 516
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
C8411978
MLSID
Contact Us
Property Description
Welcome to East United Condos! This Incredible 1 bed + den condo is located in the sought-after Parliament & Adelaide area, boasting rare 11-foot ceilings and Bright Unobstructed South Views of the City. The unit is flooded with natural light from the floor-to-ceiling windows, creating a bright and airy space. The open concept layout is very functional and great for entertaining, plus the spacious den offers versatility as a second bedroom or home office. The kitchen showcases a stylish two-tone contemporary design, complemented by granite countertops, under-cabinet lighting, integrated appliances, soft close drawer system and smart storage solutions. Quality design cabinetry, a quartz vanity rainshower and deep soaker tub adorn the bathroom, adding a touch of luxury to this exceptional property. Steps To King & Queen Streetcar, Distillery District, St. Lawrence Market, Waterfront. 15 Min Ride To Financial District & Subway Stations. Short Walk To George Brown and an Easy Drive to Gardiner + DVP. Don't Miss This Gem!!
Extras
Private Elevator For Podium Suites W/ Access To Garage & Ground Level. Bosch Stainless Steel Appliances,Extra Large LG Washer/Dryer,Electrical Light Fixtures, Custom Motorized Blinds,1 parking with EV charging electrical rough-in,&1 locker.
Property Features
Clear View, Electric Car Charger, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,804 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (D/31)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat9.58' x 11.15'Laminate, Window Flr to Ceil, W/O To Balcony
DiningFlat8.33' x 12.34'Laminate, Combined W/Kitchen, Open Concept
KitchenFlat8.33' x 12.34'Laminate, B/I Appliances, Stone Counter
Prim BdrmFlat10.24' x 11.15'Laminate, Large Closet, Window Flr to Ceil
DenFlat7.94' x 8.01'Laminate, Separate Rm
OtherFlat4.43' x 24.02'Balcony, South View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Parliament St 516 is a 1-bedroom 1-bathroom condo listed for sale at $699,900, which is $132,185 (23.3%) higher than the average sold price of $567,715 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,635 (0.6%) compared to the previous 30 day period (July 29 - August 27) and down $51,851 (8.4%) from the same time one year ago.
Inventory Change
There were 1,657 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 28 - September 26), which is up 42.1% compared with the previous 30 day period (July 29 - August 27) and up 4.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,417) (1.8%) below asking price over the last 30 days (August 28 - September 26), which represents a $2,719 decrease compared to the previous 30 day period (July 29 - August 27) and ($7,754) 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 28 - September 26) stood at 29.7%, down from 43.7% over the previous 30 days (July 29 - August 27) and up from 27.8% 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 (August 28 - September 26), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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