255 The Donway W 523
Banbury-Don Mills, Downtown Toronto, M5B 3M3
FOR SALE
$849,000
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Property Description
A true gem in the heart of the Don Mills community and the sought-after Village Mews, this large 2 bed, 2 bath penthouse could be your luxurious new home and oasis! The sun-soaked unit has large pictures windows in every room, offering stunning views of trees and greenery. Gorgeously renovated from to top to bottom, inside and out, it is ready for your immediate enjoyment. The condo features a beautifully remodeled kitchen and all new s/s appliances. Enjoy a bright and spacious living and dining area with a bay window and beautiful fireplace, and an oversized primary suite with a huge walk-in closet. The elegant vanity area with double sinks and an ensuite bath adds to the charm. Brand new wood floors, pot lights, and update light fixtures and plumbing throughout enhance the unit's appeal. Located just steps from the excitement of Shops of Don Mills and the tranquility of parks and walking trails, this penhouse offers the perfect blend of convenience and serenity. A must-see!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-19 | 2023-10-16 | 27 | $684,800 | $650,000 | Sold |
| 2023-07-21 | 2023-09-19 | 60 | $725,000 | - | Terminated |
Extras
A meticulously maintained condo complex with a $5 mil reserve fund. Beautifully maincured grounds, breathtaking gardens, fountains and courtyard. Rogers high speed internet and VIP television included in the maintenance fees.
Nearby Intersections
Don Mills & Lawrence (84)
Property Features
Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$2,712 (2023)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 16.40' x 19.69' | Bay Window, Fireplace, Wood Floor |
| Kitchen | Flat | 9.84' x 12.47' | Double Sink, Stainless Steel Appl, Pot Lights |
| Laundry | Flat | 5.25' x 6.89' | Stainless Steel Sink, Porcelain Floor |
| Prim Bdrm | Flat | 10.17' x 14.76' | Picture Window, W/I Closet, Wood Floor |
| 2nd Br | Flat | 9.68' x 10.66' | Picture Window, Closet, Wood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
255 The Donway W 523 is a 2-bedroom 2-bathroom condo listed for sale at $849,000, which is $46,760 (5.8%) higher than the average sold price of $802,240 in the last 30 days (June 7 - July 6). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $40,506 (4.8%) compared to the previous 30 day period (May 8 - June 6) and down $11,850 (1.5%) from the same time one year ago.Inventory Change
There were 1,559 2-bedroom condos listed in Downtown Toronto over the last 30 days (June 7 - July 6), which is up 1.6% compared with the previous 30 day period (May 8 - June 6) and up 16.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,181) (1.9%) below asking price over the last 30 days (June 7 - July 6), which represents a $42 decrease compared to the previous 30 day period (May 8 - June 6) and ($3,815) 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 (June 7 - July 6) stood at 32.6%, down from 37.1% over the previous 30 days (May 8 - June 6) and down from 68.8% 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 28 days when successfully sold over the last 30 days (June 7 - July 6), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Bosley Real Estate Ltd.
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