285 Mutual St 302
Church-Yonge Corridor, Downtown Toronto, M4Y 3C5
FOR SALE
$888,000
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BEDROOMS2
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Property Description
Discover urban living at its finest in this beautifully renovated 2-bed 2-bath suite in the sought-after North Tower of radioCITY. This impressive residence features lofty 9-foot ceilings, a lovely west-facing balcony, and includes a parking spot. Inside, you'll find brand-new engineered hardwood flooring throughout, stylishly updated bathrooms, a new heat pump, and modern smart appliances. The custom cabinetry and doors add a touch of elegance. Remote-controlled Hunter Douglas blinds in the living room, along with luxurious blackout drapes in the primary bedroom, provide both convenience and privacy. Located on a lower floor, you can choose to use the stairs or the elevator for easy access. Enjoy a vibrant downtown lifestyle with the subway, streetcars and the maple leaf Loblaws just minutes away, along with top educational institutions like TMU and U of T. If you are feeling energetic, the Eaton Centre, Distillery District and Yorkville are all a walk away.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-29 | 2021-04-07 | 9 | $719,000 | $801,000 | Sold |
Extras
Enjoy the convenience of 2 elevator banks, along with the fantastic amenities included in the north tower of ratioCITY: 24hr concierge; guest suites; visitor parking; 2 well-equipped gyms; change room and sauna; 2 inviting party rooms.
Nearby Intersections
Property Features
Arts Centre, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,691 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 20.77' x 17.49' | Combined W/Dining, Hardwood Floor, W/O To Balcony |
| Dining | Flat | 20.77' x 17.49' | Combined W/Living, Open Concept, Hardwood Floor |
| Kitchen | Flat | 9.32' x 15.19' | Stainless Steel Appl, Custom Counter, Hardwood Floor |
| Prim Bdrm | Flat | 10.50' x 11.75' | 4 Pc Ensuite, Double Closet, Hardwood Floor |
| 2nd Br | Flat | 10.50' x 10.63' | Closet, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
285 Mutual St 302 is a 2-bedroom 2-bathroom condo listed for sale at $888,000, which is $118,337 (15.4%) higher than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.Inventory Change
There were 1,340 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) 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 (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-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 Chestnut Park Real Estate Limited
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