28 Freeland St 2507

FOR SALE
$899,000
28 Freeland St 2507, Downtown Toronto
28 Freeland St 2507
28 Freeland St 2507
28 Freeland St 2507
28 Freeland St 2507
28 Freeland St 2507
28 Freeland St 2507
28 Freeland St 2507
28 Freeland St 2507
28 Freeland St 2507
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C11904954
MLSID
Contact Us
Property Description
Experience urban luxury in this chic furnished 2-bedroom, 1-bathroom condo. Nestled within the prestigious Pinnacle One Yonge complex at the dynamic intersection of Yonge St. & Lakeshore Blvd., indulge in panoramic views from the Middle-floor balcony, capturing the iconic CN Tower and tranquil lake vistas. With 9-foot ceilings and floor-to-ceiling windows, bask in natural light accentuating the sleek laminate flooring. The contemporary kitchen features quartz countertops and Integrated appliances. Boasting a spacious closet and a lavishly appointed washroom, every detail exudes comfort. 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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-15 2024-11-11 27 $799,000 - Suspended
2024-09-23 2024-10-15 22 $3,600 - Suspended
2024-07-03 2024-08-06 34 $959,000 - Suspended
2022-10-31 2022-11-09 9 $3,300 $3,300 Leased
Extras
24-hour concierge, gym, yoga studio, party room, dining room, outdoor track, billiards room, an inviting lounge area for bowling, outdoor terrace, board
Nearby Intersections
Property Features
Lake/Pond, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,158 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Freeland St 2507 is a 2-bedroom 1-bathroom condo listed for sale at $899,000, which is $167,315 (22.9%) higher than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.
Inventory Change
There were 779 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) 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 (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% 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 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Mehome Realty (Ontario) Inc.
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