25 Telegram Mews 506
Waterfront Communities C1, Downtown Toronto, M5V 3Z1
FOR SALE
$609,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5 + 1
ROOMSC9376113
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Property Description
*PARKING!*BRAND NEW SS APPLIANCES!*NEW CARPET IN BEDROOM!!* Step into this well-maintained corner unit, featuring a versatile 1+1 bedroom layout and a modern 4pc bathroom with underground parking included. The thoughtful design maximizes natural light, creating a bright and inviting atmosphere. You'll enjoy the brand-new, never-used stainless steel LG appliances and the brand new fresh, plush carpet in the bedroom. The additional den area is perfect for a home office setup. Residents of The Montage have access to loads of premium amenities, including a state-of-the-art gym, indoor pool, concierge, a party room, a terrace, a games room, and more. Situated in an unbeatable location, you're just steps away from the excitement of a Jays game at the SkyDome or a concert at Scotiabank Arena. Savour world-class dining at nearby Michelin Star restaurants and enjoy effortless commuting with easy access to GO Transit and TTC. Don't miss out on this exceptional opportunity to experience downtown living at its finest!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-24 | 2024-09-30 | 68 | $629,500 | - | Expired |
| 2024-06-27 | 2024-07-24 | 27 | $635,000 | - | Terminated |
| 2024-06-17 | 2024-06-27 | 10 | $499,900 | - | Terminated |
| 2024-06-17 | 2024-06-18 | 1 | $499,900 | - | Terminated |
| 2024-03-25 | 2024-06-13 | 80 | $2,600 | - | Terminated |
| 2024-01-29 | 2024-02-08 | 10 | $2,600 | - | Terminated |
| 2023-12-14 | 2024-01-30 | 47 | $2,600 | - | Terminated |
| 2023-10-30 | 2023-12-13 | 44 | $2,600 | - | Terminated |
| 2023-10-20 | 2023-10-30 | 10 | $2,700 | - | Terminated |
| 2021-11-22 | 2021-12-21 | 29 | $2,200 | $2,200 | Leased |
| 2020-06-10 | 2020-07-14 | 34 | $2,100 | $2,100 | Leased |
| 2020-05-15 | 2020-06-09 | 25 | $2,200 | - | Terminated |
| 2019-07-04 | 2019-07-10 | 6 | $2,300 | $2,350 | Leased |
Nearby Intersections
Front & Spadina (231)
Spadina & Fort York (137)
King & Bathurst (393)
Spadina & Bremner (55)
Bathurst & Lakeshore (291)
Property Features
Lake/Pond, Marina, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,403 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3/M206)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 7.22' x 10.37' | Laminate, B/I Closet, 4 Pc Bath |
| Living | Flat | 12.27' x 16.24' | Laminate, Combined W/Den, Large Window |
| Den | Flat | 12.27' x 16.24' | Combined W/Living, Laminate |
| Kitchen | Flat | 5.74' x 9.81' | Stainless Steel Appl, Laminate, Granite Counter |
| Dining | Flat | 7.87' x 9.48' | Laminate, W/O To Balcony, Large Window |
| Prim Bdrm | Flat | 9.32' x 9.94' | Broadloom, Large Window, Double Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Telegram Mews 506 is a 1-bedroom 1-bathroom condo listed for sale at $609,000, which is $39,764 (7.0%) 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 Re/Max Hallmark Realty Ltd.
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