28 Freeland St 2504
Waterfront Communities C8, Downtown Toronto, M5E 0E3
FOR SALE
$938,000
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BEDROOMS1
BATHROOMS1
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Property Description
Discover the luxury living at the newly build Prestige Tower by Pinnacle, well situated at the vibrant intersection of Yonge St. & Lakeshore Blvd., in the heart of downtown Toronto. This elegant, high-rise residence offers a spacious, 1+1 bedroom, 1 bathroom corner unit ,featuring breathtaking, unobstructed views. This 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 appliances, quartz countertop, and sleek cabinetry. Seamlessly accessible to Harbourfront, Union Station, the Gardiner Expressway, the financial hub, and the Scotiabank Arena, revel in the epitome of convenience and sophistication in downtown living. With exceptional building amenities, including a 24-hour concierge, a fitness circuit, gym, yoga studio, outdoor walking track, party room, etc.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,197 (2024)
Basement
None
Exterior
Concrete
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 2504 is a 1-bedroom 1-bathroom condo listed for sale at $938,000, which is $371,096 (65.5%) higher than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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