22 Leader Lane 515
Church-Yonge Corridor, Downtown Toronto, M5E 0B2
FOR SALE
$695,000
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Property Description
Live At The Iconic King Edward Hotel Private Residences! A Piece Of This Historic Building Could Be All Yours. 735 Sqft Of Luxury In A 1+1 Bedroom Suite Complete With 10 Ft Ceilings And High End Finishes. A Rarely Offered East Facing Balcony Overlooking A Quiet Courtyard Adds An Additional 120 Sqft Of Living Space. Enjoy Access To King Edward Hotel Amenities & Services At The Best Value Per Square Foot In The Building With A Maximum Use Of Space.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-09-28 | 2020-10-07 | 9 | $649,900 | $638,000 | Sold |
| 2020-09-01 | 2020-09-28 | 27 | $675,000 | - | Terminated |
| 2020-08-18 | 2020-09-01 | 14 | $692,000 | - | Terminated |
| 2020-08-06 | 2020-08-18 | 12 | $699,900 | - | Terminated |
Extras
Designer Appliances: Liebherr Fridge, Cook Top, Kitchenaid S/S Microwave/Convection Oven, Dishwasher, Stacked Full Size Washer/Dryer, Double Storage Locker, Window Coverings, & Nest Thermostat Incl.
Nearby Intersections
Property Features
Arts Centre, Hospital, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,741 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
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 | Main | 3.12' x 5.18' | Hardwood Floor, Double Closet |
| Living | Main | 11.68' x 15.85' | Hardwood Floor, W/O To Balcony, Open Concept |
| Dining | Main | 11.68' x 15.85' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Main | 13.32' x 10.50' | Hardwood Floor, Centre Island, Stone Counter |
| Prim Bdrm | Main | 10.53' x 10.24' | Hardwood Floor, Large Window, Large Closet |
| Den | Main | 13.09' x 6.43' | Hardwood Floor, Coffered Ceiling |
| Other | Main | 10.01' x 4.00' | W/O To Balcony, East View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
22 Leader Lane 515 is a 1-bedroom 1-bathroom condo listed for sale at $695,000, which is $124,169 (21.8%) 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 Royal Lepage Real Estate Services Ltd.
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