16 Bonnycastle St 2705

FOR SALE
$719,000
16 Bonnycastle St 2705, Downtown Toronto
16 Bonnycastle St 2705
16 Bonnycastle St 2705
16 Bonnycastle St 2705
16 Bonnycastle St 2705
16 Bonnycastle St 2705
16 Bonnycastle St 2705
16 Bonnycastle St 2705
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
C9296077
MLSID
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Property Description
Bright & Spacious 1-Bedroom Plus Den with Stunning Lake and City Views. Exceptional 9-foot smooth ceilings and floor-to-ceiling windows with unobstructed south/east view. Open-concept kitchen W quartz countertops, an island, built-in appliances, and an integrated dining table, perfect for modern living. Den includes sliding doors and additional floor-to-ceiling windows. The prime location within walking distance to the Distillery District, Loblaws, LCBO, Sugar Beach, and George Brown College. Convenient access to highways and Union Station.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-16 2021-02-28 136 $690,000 - Expired
2020-07-16 2020-10-17 93 $751,000 - Terminated
2019-07-18 2019-07-20 4 $2,000 $2,400 Leased
Extras
B/I Fridge, Dishwasher & Cook Top/Oven, Microwave, Front Load Washer & Dryer, B/I Tv Cabinet.
Property Features
Clear View
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,978 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
16 Bonnycastle St 2705 is a 1-bedroom 1-bathroom condo listed for sale at $719,000, which is $148,169 (26.0%) higher than the average sold price of $570,831 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,245 (0.2%) compared to the previous 30 day period (September 23 - October 22) and down $18,306 (3.1%) from the same time one year ago.
Inventory Change
There were 1,217 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 3.1% compared with the previous 30 day period (September 23 - October 22) and down 5.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,815) (1.7%) below asking price over the last 30 days (October 23 - November 21), which represents a $2,467 increase compared to the previous 30 day period (September 23 - October 22) and ($13,538) 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 23 - November 21) stood at 50.3%, up from 44.5% over the previous 30 days (September 23 - October 22) and up from 34.3% 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 31 days when successfully sold over the last 30 days (October 23 - November 21), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Elite Real Estate
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