28 Freeland St 5307
Waterfront Communities C8, Downtown Toronto, M5E 0E3
FOR SALE
$999,000
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Property Description
Experience urban luxury in this chic 2-bedroom, 1-bathroom condo, including a coveted parking spot. Nestled within the prestigious Pinnacle One Yonge complex at the dynamic intersection of Yonge St. & Lakeshore Blvd., indulge in panoramic views from the high-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 premium Bosch 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.
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Extras
24-hour concierge, gym, yoga studio, party room, dining room, outdoor track, billiards room, an inviting lounge area for bowling, outdoor terrace, boardroom
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Attached
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Freeland St 5307 is a 2-bedroom 1-bathroom condo listed for sale at $999,000, which is $232,667 (30.4%) higher than the average sold price of $766,333 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $21,110 (2.7%) compared to the previous 30 day period (July 9 - August 7) and down $23,860 (3.0%) from the same time one year ago.Inventory Change
There were 1,153 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 8 - September 6), which is down 13.5% compared with the previous 30 day period (July 9 - August 7) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($17,498) (2.3%) below asking price over the last 30 days (August 8 - September 6), which represents a $1,786 increase compared to the previous 30 day period (July 9 - August 7) and ($12,082) 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 (August 8 - September 6) stood at 38.3%, up from 35.4% over the previous 30 days (July 9 - August 7) and down from 43.8% 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 30 days when successfully sold over the last 30 days (August 8 - September 6), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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