138 Downes St 2511
Waterfront Communities C8, Downtown Toronto, M5E 0E4
FOR SALE
$1,149,999
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BEDROOMS2
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Property Description
The Iconic Sugar Wharf Condominiums By Menkes. Brand New 3Bedrooms Unit At Sugar Wharf Developed By Menkes. Master BR w/Ensuite Bath, W/I Closet. Wrapped Balcony. Spacious South West Exposure. Beautiful Lake & City View. Floor To Ceiling Windows. Laminate Throughout Entire Unit. Model Design Kitchen W/Luxury Brand Appliances. Excellent Location And Convenient. Walk Distance To George Brown, Park, Harbour Front, St Lawrence Market, Union Station, Cn Tower, Financial Area & Mins Access Gardiner/Qew. Steps Away From Sugar Beach, Employment, Shops & Restaurants. Direct Access To To Future Path & School. New building, no accurate property tax is available yet. The number is an estimate.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-02 | 2024-01-23 | 82 | $4,300 | - | Terminated |
| 2023-12-22 | 2024-01-19 | 28 | $1,300,000 | - | Terminated |
Extras
B/I Fridge, Stove, Dishwasher, Microwave, Washer & Dryer And Window Blinds. Building Amenities Include Gym, Party Room, 24 Hour Security Guard & Concierge, Bbq Area, Lounge & More.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$6,079 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes St 2511 is a 3-bedroom 2-bathroom condo listed for sale at $1,149,999, which is $236,036 (25.8%) higher than the average sold price of $913,963 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $20,225 (2.3%) compared to the previous 30 day period (September 21 - October 20) and down $15,450 (1.7%) from the same time one year ago.Inventory Change
There were 219 3-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 3.5% compared with the previous 30 day period (September 21 - October 20) and up 13.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($20,684) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,312 decrease compared to the previous 30 day period (September 21 - October 20) and ($20,658) 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 3-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 45.2%, up from 35.2% over the previous 30 days (September 21 - October 20) and up from 27.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 21 - November 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Prestigium Real Estate Ltd.
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