28 Freeland St 1603
Waterfront Communities C8, Downtown Toronto, M5E 0E3
FOR SALE
$708,000
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Property Description
Bright & airy open concept 1 bed, 1 bath unit featuring southwest views of the lake, premium finishes throughout & located in the highly accessible waterfront district of Toronto. This upgraded unit has 9' ceilings, quartz counters, luxury wide plank flooring, built-in kitchen appliances, oversized washer/dryer & a massive 4-piece bath with deep soaker tub to unwind & relax in. Pinnacle One Yonge is a timeless building with world class amenities including state-of-the-art fitness centre, indoor pool, business centre & soon to be connected to the PATH. This is a fantastic opportunity to own a piece of Toronto's Waterfront at an excellent price point.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-19 | 2023-11-17 | 31 | $672,000 | - | Suspended |
Extras
Walking distance to Union Station, steps to Toronto's waterfront district & all local amenities including the One Yonge Community Recreation Centre, Loblaws, St. Lawrence Market, George Brown College & more!
Nearby Intersections
Property Features
Beach, Lake Access, Library, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,231 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.25' x 10.60' | Laminate, Open Concept, W/O To Balcony |
| Dining | Main | 12.50' x 9.74' | Laminate, Combined W/Kitchen, Open Concept |
| Kitchen | Main | 12.50' x 9.74' | Laminate, Quartz Counter, B/I Appliances |
| Prim Bdrm | Main | 9.74' x 9.74' | Laminate, Large Window, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Freeland St 1603 is a 1-bedroom 1-bathroom condo listed for sale at $708,000, which is $141,923 (25.1%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% 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 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Heritage Group Ltd.
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