138 Downes St 1209
Waterfront Communities C8, Downtown Toronto, M5E 0E4
FOR SALE
$729,000
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Property Description
Brand-new 1+1 bedroom suite * Luxurious urban living * Prestigious Sugar Wharf Condominiums by Menkes * South-facing unit offers breathtaking views of the serene lake and vibrant city skyline * Floor-to-ceiling windows * Modern laminate flooring * High-end appliances, designed for both style and functionality *Unbeatable location * Short walk to George Brown College, the Harbourfront, St. Lawrence Market, Union Station, the CN Tower, and the Financial District *Seamless access to the Gardiner Expressway/QEW, Sugar Beach, premier shopping, dining options, and future PATH and school connections * Modern living at its finest in the heart of Toronto
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-17 | 2025-01-17 | 31 | $839,000 | - | Terminated |
| 2024-12-04 | 2024-12-17 | 13 | $839,000 | - | Terminated |
| 2024-11-11 | 2024-12-04 | 23 | $839,000 | - | Terminated |
| 2024-11-18 | 2024-11-26 | 8 | $2,950 | - | Terminated |
| 2024-10-22 | 2024-11-11 | 20 | $749,000 | - | Terminated |
| 2024-10-04 | 2024-10-22 | 18 | $788,000 | - | Terminated |
| 2023-03-04 | 2023-03-09 | 6 | $2,450 | $2,450 | Leased |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
Apartment
Exterior
Concrete, Metal/Side
Heat Type
Fan Coil
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.25' x 304.69' | Laminate, Combined W/Dining, W/O To Balcony |
| Kitchen | Flat | 8.60' x 11.25' | Laminate, Modern Kitchen, Combined W/Dining |
| Dining | Flat | 8.60' x 11.25' | Laminate, Open Concept, Large Window |
| Br | Flat | 9.51' x 10.01' | Laminate, Closet, Large Window |
| Den | Flat | 8.01' x 9.51' | Laminate, O/Looks Dining, O/Looks Living |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes St 1209 is a 1-bedroom 1-bathroom condo listed for sale at $729,000, which is $165,310 (29.3%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Partners Realty Inc.
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