250 Jarvis St 203
Church-Yonge Corridor, Downtown Toronto, M5B 2L2
FOR SALE
$559,000
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Property Description
Attention investors and first-time homebuyers! Don't miss out on this incredible opportunity in the heart of downtown Toronto. This stunning 2-bedroom, 1-bathroom condo boasts panoramic east views from its spacious balcony, perfect for enjoying the morning sun. With over 900 sqft of living space, it's ideally situated minutes from Ryerson, UofT, Eaton Centre, TTC, and local amenities. Additional amenities include laundry, sauna, gym, and bike storage, all conveniently located in the main lobby. Motivated Seller, So Don't wait to make this urban oasis your own!
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Extras
Existing Fridge, Stove, Microwave And B/I Dishwasher In "As-Is" Condition. All Elfs And Window Coverings.
Nearby Intersections
Jarvis & Dundas (113)
Jarvis & Carlton (79)
Property Features
Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,245 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 4.82' x 5.68' | Parquet Floor |
| Living | Flat | 10.66' x 12.99' | Combined W/Dining, Parquet Floor, W/O To Balcony |
| Kitchen | Flat | 7.68' x 10.33' | Ceramic Floor, Galley Kitchen |
| Pantry | Flat | 4.99' x 5.68' | Ceramic Floor |
| Prim Bdrm | Flat | 10.43' x 19.00' | Parquet Floor, Large Window, Closet |
| 2nd Br | Flat | 8.17' x 11.91' | Parquet Floor, Large Window, Closet |
| Other | Flat | 4.99' x 18.01' | Balcony |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
250 Jarvis St 203 is a 2-bedroom 1-bathroom condo listed for sale at $559,000, which is $254,564 (31.3%) lower than the average sold price of $813,564 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $27,866 (3.5%) compared to the previous 30 day period (February 29 - March 29) and up $9,354 (1.2%) from the same time one year ago.Inventory Change
There were 1,508 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 30 - April 28), which is up 22.2% compared with the previous 30 day period (February 29 - March 29) and up 34.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($11,330) (1.4%) below asking price over the last 30 days (March 30 - April 28), which represents a $1,236 increase compared to the previous 30 day period (February 29 - March 29) and ($6,935) 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 (March 30 - April 28) stood at 44.3%, down from 48.6% over the previous 30 days (February 29 - March 29) and down from 62.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (March 30 - April 28), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Innovative Realty Inc.
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