28 Widmer St 3629
Waterfront Communities C1, Downtown Toronto, M5V 2E7
FOR SALE
$1,299,000
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BEDROOMS2
BATHROOMS1
KITCHENS4
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Property Description
Incredible assignment investment opportunity at the Theatre District's Encore in the heart of Downtown Toronto. High Floor 3 bedroom 2 bathroom corner unit on top of the future Five Star Riu Hotel. Assigning with no profit. Original deposit paid $128,300. Final deposit of $64,250 to be paid on occupancy in mid-late 2024. This condo would make a great executive furnished rental! One of the best locations right downtown - walking distance to financial district & King West. Parking included!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-20 | 2024-02-14 | 86 | $1,349,000 | - | Terminated |
Nearby Intersections
King & Spadina (277)
Front & John (204)
Adelaide & John (107)
Peter & Adelaide (132)
Richmond & Peter (98)
King & Peter (170)
King & John (300)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Basement
None
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
28 Widmer St 3629 is a 3-bedroom 2-bathroom condo listed for sale at $1,299,000, which is $379,537 (41.3%) higher than the average sold price of $919,463 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $33,024 (3.7%) compared to the previous 30 day period (February 28 - March 28) and up $48,710 (5.6%) from the same time one year ago.Inventory Change
There were 249 3-bedroom condos listed in Downtown Toronto over the last 30 days (March 29 - April 27), which is up 11.2% compared with the previous 30 day period (February 28 - March 28) and up 49.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($6,078) (0.7%) below asking price over the last 30 days (March 29 - April 27), which represents a $3,251 decrease compared to the previous 30 day period (February 28 - March 28) and ($11,838) more 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 3-bedroom condos in Downtown Toronto over the last 30 days (March 29 - April 27) stood at 43.4%, up from 42.0% over the previous 30 days (February 28 - March 28) and down from 61.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 29 - April 27), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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