138 Downes St 3116
Waterfront Communities C8, Downtown Toronto, M5E 0E4
FOR SALE
$625,000
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Property Description
Welcome To Prestigious Sugar Wharf. Excellent Location! This 1 Year New 548 Sqft 1Bedroom,1 Full 4pc Bath Condo Has Fantastic North West Views Of The City. The Open Concept Living, Dining And Kitchen Features Floor To Ceiling Windows, Luxury Vinyl Flooring, The Kitchen With Built-In Stainless Steel Appliances, Quartz Counters & Modern Glass Backsplash. Amenities Are Superior With One Of The Largest Gyms In The City, Unity Fitness, & a Basketball Court. On The 4th Floor There Is An Outdoor Terrace With BBQ Area, Indoor Lap Pool, Working Areas, Party Room, Games Room, Theatre Room And So Much More. Right Outside Your Front Door Is Lake Ontario, Farm Boy, Union Station, Scotiabank Arena & Rogers Center. Developed By Menkes.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-07-12 | 2024-09-13 | 63 | $649,000 | - | Terminated |
2024-05-28 | 2024-07-12 | 45 | $699,000 | - | Terminated |
2024-05-01 | 2024-05-31 | 30 | $749,000 | - | Terminated |
2024-05-01 | 2024-05-28 | 27 | $749,000 | - | Suspended |
2023-04-08 | 2023-04-12 | 4 | $2,250 | $2,250 | Leased |
2023-03-31 | 2023-04-04 | 4 | $2,250 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,772 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Flat | 4.43' x 9.84' | Open Concept, Double Closet, Mirrored Closet |
Living | Flat | 22.08' x 14.76' | Vinyl Floor, Open Concept, Window Flr to Ceil |
Dining | Flat | 22.08' x 14.76' | Open Concept, Combined W/Living, W/O To Balcony |
Kitchen | Flat | 22.08' x 14.76' | Open Concept, B/I Appliances, Quartz Counter |
Br | Flat | 11.32' x 8.76' | Window Flr to Ceil, Double Closet, W/O To Balcony |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes St 3116 is a 1-bedroom 1-bathroom condo listed for sale at $625,000, which is $58,923 (10.4%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% 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 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Services Inc.
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