285 Mutual St PH 2
Church-Yonge Corridor, Downtown Toronto, M4Y 3C5
FOR SALE
$1,349,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Welcome to Radio City. The perfect abode for sophisticated urbanites seeking a carefree lifestyle in one of Toronto's most sought after buildings. One of only four penthouses on this floor, this 1,342 sq ft condo is flooded with natural light and has views that go on forever. Start your day with a coffee on the east facing balcony and end it with dinner al fresco on your corner terrace. Dramatic open concept living space with high ceilings ideal for entertaining. Unlike most condos there is a lot of wall space to showcase your art. Retreat to the tranquil primary suite, featuring a spa-like ensuite bathroom and large walk-in closet. The second bedroom offers versatility, a Murphy bed will accommodate your guests and the built in desk makes working from home easy.
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Extras
285 Mutual Street offers an array of amenities, including a fitness center, guest suites, visitor parking and 24 hour concierge. With a Walk Score of 97 restaurants, shops and the subway are just steps away. Parking and locker included
Nearby Intersections
Property Features
Clear View, Hospital, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$5,443 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 3.94' x 20.01' | Laminate, Double Closet, 2 Pc Bath |
| Living | Main | 11.81' x 20.01' | Laminate, W/O To Balcony, Ne View |
| Dining | Main | 10.50' x 11.81' | Laminate, Open Concept |
| Kitchen | Main | 11.81' x 9.19' | Laminate, B/I Appliances, Modern Kitchen |
| Prim Bdrm | Main | 23.62' x 13.78' | Broadloom, W/I Closet, 4 Pc Ensuite |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
285 Mutual St PH 2 is a 2-bedroom 2-bathroom condo listed for sale at $1,349,000, which is $576,032 (74.5%) higher than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% 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 (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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