138 Downes Street 4610
Waterfront Communities C8, Downtown Toronto, M5E 0E4
FOR SALE
$539,000
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BEDROOMS1
BATHROOMS1
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Property Description
Welcome to the Sugar Wharf, a brand new building. Built By Menkes, a Functional Bachelor Unit, South Facing, CLEAR LAKE VIEW FROM BALCONY! Open Concept Kitchen. Living Room, 9' Ceilings, Floor to Ceiling Windows overlooking the Sugar Beach - Ensuite Laundry, Stainless Steel Kitchen Appliances Included. QuartzCounter Top. Large Balcony With Breathtaking Lake View. Steps To Farm Boy, Starbucks, LCBO, Union Station, TTC, Sugar Beach, Loblaws, St. Lawrence Market, George Brown College, Financial & Entertainment Districts and more!! Building amenities include party/meeting room, gym, lounge, guest suites, 24 hour concierge. Perfect home for young professionals and couples!!! Must See.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-07 | 2025-01-06 | 91 | $2,180 | - | Expired |
2024-08-28 | 2024-11-14 | 78 | $599,000 | - | Terminated |
2024-08-28 | 2024-11-12 | 77 | $599,000 | - | Suspended |
Extras
Cooktop, Stove, Microwave, Stainless Steel Built-In Oven, Stainless Steel Range Hood, Built-In Fridge, Dishwasher, Washer and Dryer.
Nearby Intersections
Property Features
Clear View, Park, Public Transit, School, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,500 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes Street 4610 is a 0-bedroom 1-bathroom condo listed for sale at $539,000, which is $171,535 (46.7%) higher than the average sold price of $367,465 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $49,139 (11.8%) compared to the previous 30 day period (November 18 - December 17) and down $65,745 (15.2%) from the same time one year ago.Inventory Change
There were 53 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is up 10.4% compared with the previous 30 day period (November 18 - December 17) and up 60.6% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($9,034) (2.5%) below asking price over the last 30 days (December 18 - January 16), which represents a $2,805 increase compared to the previous 30 day period (November 18 - December 17) and ($16,026) 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 30.2%, down from 43.8% over the previous 30 days (November 18 - December 17) and down from 57.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 36 days when successfully sold over the last 30 days (December 18 - January 16), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Hc Realty Group Inc.
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