138 Downes St 3512
Waterfront Communities C8, Downtown Toronto, M5E 0E4
FOR SALE
$699,900
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Property Description
Step into the epitome of urban luxury living with our brand new condominium nestled in the heart of Toronto, offering unparalleled vistas of the majestic Lake Ontario and the glittering city skyline. Ascending to your exclusive residence via high-tech elevators, anticipation builds as you approach your west-facing unit, where the grandeur of Toronto's skyline unfolds before you. Floor-to-ceiling windows bathe the interior in natural light, seamlessly merging indoor and outdoor spaces while offering panoramic views of the iconic CN Tower, vibrant cityscape, and the tranquil waters of Lake Ontario. Step onto your private balcony, the perfect retreat to unwind and soak in the breathtaking sunsets casting a golden hue over the city. Whether savoring a morning coffee or hosting soires under the stars, this outdoor sanctuary provides an unmatched backdrop for every occasion.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-03-15 | 2023-03-31 | 16 | $2,300 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,500 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.32' x 11.52' | Laminate, Large Window, W/O To Balcony |
| Dining | Flat | 8.83' x 11.32' | Laminate, Combined W/Kitchen, Open Concept |
| Prim Bdrm | Flat | 8.14' x 11.91' | Laminate, Closet, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes St 3512 is a 1-bedroom 1-bathroom condo listed for sale at $699,900, which is $97,013 (16.1%) higher than the average sold price of $602,887 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $675 (0.1%) compared to the previous 30 day period (March 5 - April 3) and down $25,858 (4.1%) from the same time one year ago.Inventory Change
There were 1,869 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 4 - May 3), which is up 32.6% compared with the previous 30 day period (March 5 - April 3) and up 72.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,230) (1.5%) below asking price over the last 30 days (April 4 - May 3), which represents a $464 increase compared to the previous 30 day period (March 5 - April 3) and ($2,260) 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 (April 4 - May 3) stood at 35.5%, down from 48.4% over the previous 30 days (March 5 - April 3) and down from 76.2% 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 26 days when successfully sold over the last 30 days (April 4 - May 3), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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