28 Freeland St 1305
Waterfront Communities C8, Downtown Toronto, M5E 0E3
FOR SALE
$895,000
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Property Description
Brand New Building Never Live-in. Located in the heart of bustling Toronto. Future Direct Underground Access To Union Station. Spacious 1 Bedroom+ Den with 9' Feet High Ceiling With Open Concept. The condo's prime location offers easy access to Water Front, Toronto financial and cultural hubs, abundant entertainment and leisure activities, high-end shopping, gourmet dining, and art exhibits. With convenient public transportation links, the entire city is within easy reach.
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Extras
All Electric Light Fixtures, Stove, Fridge, Microwave, Dishwasher, Washer & Dryer.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Freeland St 1305 is a 1-bedroom 1-bathroom condo listed for sale at $895,000, which is $291,456 (48.3%) higher than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) 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 1-bedroom condos in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% 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 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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