251 Jarvis St 221

FOR SALE
$488,000
251 Jarvis St 221, Downtown Toronto
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
251 Jarvis St 221
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C10421861
MLSID
Contact Us
Property Description
Calling all investors and first time home-buyers! This is your chance to get an amazing one bedroom unit for under $500,000 in Toronto! This unit is located across the street from TMU, direct access to the street car at your doorstep, along with all the shopping and eating experiences at your finger tips. Located just 2 blocks away from the Eaton Centre, 251 Jarvis is at the heart of it all. If you're an investor, this one bedroom unit is at an unbeatable location. You'll never have a shortage of students needing accommodation. Maybe you're a parent looking for your child going to school? This is a great opportunity to invest in a unit in a great market. Save paying rent while your asset appreciates during their time at university. Or maybe you're looking for a place for yourself. This building has exceptional amenities to satisfy what you're looking for. Rooftop pool with exceptional views, state of the art gym, 24hr concierge and package services - the list goes on!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-07 2023-11-11 5 $2,150 $2,150 Leased
2022-07-21 2022-07-22 1 $2,100 $2,150 Leased
2022-01-27 2022-02-09 14 $1,900 $1,900 Leased
2021-12-09 2021-12-23 14 $499,888 $517,000 Sold
Extras
Stainless steel applicances - fridge, stove, microwave - built in dishwasher, washer & dryer
Nearby Intersections
Property Features
Clear View, Hospital, Library, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$3,727 (2023)
Basement
None
Exterior
Concrete, Insulbrick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Other
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
251 Jarvis St 221 is a 1-bedroom 1-bathroom condo listed for sale at $488,000, which is $81,236 (14.3%) lower 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 Keller Williams Referred Urban Realty
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