25 Maitland St 507
Church-Yonge Corridor, Downtown Toronto, M4Y 2W1
FOR SALE
$825,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC9310019
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Property Description
The Cosmopolitan is a tried and true mid-rise building in the heart of the city. This substantial two bedroom plus den, two bathroom corner suite is 1,240 sq.ft. and filled with an abundance of light & unobstructed north views. The living room is large enough to accommodate any style or layout of furniture with plenty of room for a dining room as well. If you'd rather a separate dining room the den can be used as such or as a multi-function space or home office. The galley kitchen is accessible off the den or from the main hallway. The primary suite can easily take a King bed, has an oversized walk-in closet as well as a four-piece ensuite bathroom with large bathtub. The second bedroom is also large and can easily fit a Queen bed with side tables as well as a desk or small sitting area. The suite comes with one legal parking however the spot is tandem and large enough for two vehicles. There is also a locker associated with the apartment. The building has fantastic amenities such as 24 hour concierge, visitor parking, rooftop pool, jacuzzi, gym, library/billiards room and movie & party room. The location is one to be desired as it is a short walk to both College or Wellesley subway station, restaurants, shopping and the entire Yonge Street corridor.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-08-16 | 2021-08-30 | 14 | $2,950 | $2,950 | Leased |
| 2021-05-07 | 2021-07-22 | 76 | $2,850 | - | Terminated |
Extras
*One deeded parking spot but large enough for two car's in Tandem* This is an amazing per square foot price for this size suite and in the building. Maintenance fee is $1,422.66 & Heat, Hydro, CAC, Water, Building Insurance & Parking.
Nearby Intersections
Yonge & Bloor (468)
Bay & College (140)
Bay & Wellesley (206)
Yonge & Wellesley (232)
Bay & Bloor (485)
Yonge & Carlton (189)
Property Features
Arts Centre, Library, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,469 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 3.90' x 8.99' | Hardwood Floor, Double Closet, Combined W/Laundry |
| Living | Main | 17.16' x 20.51' | Broadloom, Combined W/Dining |
| Kitchen | Main | 7.68' x 8.01' | Hardwood Floor, Galley Kitchen |
| Den | Main | 10.17' x 13.68' | Broadloom, Bay Window, North View |
| Prim Bdrm | Main | 10.66' x 19.42' | Broadloom, W/I Closet, 4 Pc Ensuite |
| Bathroom | Main | 7.68' x 8.60' | 4 Pc Ensuite, Separate Shower, Ensuite Bath |
| 2nd Br | Main | 9.58' x 13.91' | Broadloom, Closet, West View |
| Bathroom | Main | 4.92' x 7.91' | Tile Floor, 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Maitland St 507 is a 2-bedroom 2-bathroom condo listed for sale at $825,000, which is $52,032 (6.7%) higher than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 2-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
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