138 Downes St 4512

FOR SALE
$638,000
138 Downes St 4512, Downtown Toronto
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
138 Downes St 4512
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Property Description
Welcome To Prestigious Sugar Wharf 1 Condominium By Menkes Developments. Excellent Location! Brand New Building ,1 Bedroom, 1 Full 4pc Bathroom Condo Has Fantastic South West Views Of The Lake View And CN Tower View From Balcony.This Unit offers Open-Concept Layout Featuring Seamlessly Built-In Appliances. Dining And Kitchen Features Floor To Ceiling Windows, Luxury Vinyl Flooring. 4th Floor Outdoor Terrace With BBQ Area, Indoor Pool, Party Room, Games Room, Theatre Room,Music Room, Aerobics Studio, Spinning Room, Basketball Court, 24Hr Concierge.Steps Away From Sugar Beach, Shops & Restaurants. Farm Boy, Loblaws, Lcbo. Direct Access To Future Path & School. Live In The Best And The Largest Toronto Waterfront Community.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-08 2024-07-25 78 $599,000 - Expired
2023-04-17 2023-04-25 8 $2,350 - Suspended
Extras
24Hr concierge, games lounge, a party room with kitchen & bar, hammock lounge, studio, Lego rooms, theatre room, music room, aerobics studio, spinning room, and basketball court.
Nearby Intersections
Property Features
Arts Centre, Beach, Clear View, Lake/Pond, Marina, Public Transit
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,568 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat9.28' x 11.48'W/O To Balcony, Large Window, Laminate
DiningFlat8.79' x 11.29'Laminate, Combined W/Kitchen, Open Concept
KitchenFlat8.79' x 11.29'Laminate, Combined W/Dining, Open Concept
Prim BdrmFlat8.20' x 11.48'Closet, Large Window, Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes St 4512 is a 1-bedroom 1-bathroom condo listed for sale at $638,000, which is $68,764 (12.1%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.
Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Smart Sold Realty
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