28 Freeland St 1407
Waterfront Communities C1, Downtown Toronto, M5E 0E3
FOR SALE
$1,095,000
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Property Description
Discover the epitome of urban luxury living at the newly Prestige Tower by Pinnacle, strategically situated at the vibrant intersection of Yonge St. & Lakeshore Blvd., in the heart of downtown Toronto. This chic, high-rise residence offers a spacious, 2-bedroom, 1-bathroom corner unit spanning 759SF plus an 84SF balcony, featuring breathtaking, unobstructed south-eastern lake views of Lake Ontario and iconic landmarks like the CN Tower. The unit boasts 9-foot smooth ceilings, floor-to-ceiling windows that flood the space with natural light, and a contemporary kitchen equipped with high-end Bosch appliances, quartz countertops, and sleek cabinetry. Experience unparalleled convenience with direct future access to PATH and proximity to Union Station, Harbourfront, and the financial district. Enhance your lifestyle with exceptional building amenities, including a 24-hour concierge, a fitness circuit, gym, yoga studio, outdoor walking track, party rooms, a pet wash, and an inviting terrace. Revel in the safety and charm of a neighbourhood that combines the serenity of lakeside living with vibrant city life, making it a high-growth area that promises both luxury and comfort.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-10-31 | 2022-10-31 | 0 | $3,100 | - | Suspended |
| 2022-10-31 | 2022-10-31 | 0 | $3,100 | - | Suspended |
| 2022-10-31 | 2022-10-31 | 0 | $3,100 | - | Suspended |
| 2022-10-31 | 2022-10-31 | 0 | $3,100 | - | Suspended |
| 2022-10-14 | 2022-10-28 | 14 | $3,100 | - | Suspended |
Extras
High end built in Appliances (Fridge, Stove, Microwave, Range hood), Full size washer & Dryer, Cabinetry with Quartz Countertop. Kohler Fixtures. Including 1 Parking
Nearby Intersections
Property Features
Clear View, Hospital, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Basement
Apartment
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P5)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 6.63' x 6.76' | Laminate, Closet, 4 Pc Bath |
| Bathroom | Main | 8.60' x 5.41' | 3 Pc Bath, Tile Floor |
| Kitchen | Main | 11.25' x 9.78' | B/I Appliances, Laminate, Open Concept |
| Dining | Main | 5.87' x 10.04' | Combined W/Living, Laminate, W/O To Balcony |
| Living | Main | 12.60' x 15.58' | Combined W/Dining, Laminate, Ne View |
| Prim Bdrm | Main | 12.60' x 9.97' | Closet, Laminate, East View |
| 2nd Br | Main | 9.61' x 9.68' | Closet, Laminate, North View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Freeland St 1407 is a 2-bedroom 1-bathroom condo listed for sale at $1,095,000, which is $263,295 (31.7%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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