298 Jarvis St 804
Church-Yonge Corridor, Downtown Toronto, M5B 2M4
FOR SALE
$519,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
ROOMSC10413008
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Property Description
Discover the potential in this spacious 1-bedroom + den condo, perfectly situated in the heart of downtown. With a functional layout that maximizes space, this unit features a large bedroom and a solarium ideal for a home office. Large windows flood the space with natural light and offer unobstructed east-facing views over Allan Gardens. Located in The Metropolitan Essex, a quiet, well-maintained building that feels like an oasis from the vibrant city outside, you'll be steps from College subway station, the Eaton Centre, and a variety of restaurants, shops, and cafes. With a dedicated parking spot, locker, and room to renovate, this condo is waiting for someone to make it their own a fantastic opportunity in a prime location with endless potential.
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Extras
One owned parking space and locker included. Convenient all inclusive monthly maintenance fees. Building amenities include: Indoor Pool, Sauna, Gym, Squash Court, and Patio
Nearby Intersections
Jarvis & Carlton (99)
Property Features
Clear View
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,468 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (B39)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.58' x 11.65' | Combined W/Dining, East View, Window Flr to Ceil |
| Dining | Main | 8.63' x 11.65' | Combined W/Living, Window Flr to Ceil |
| Kitchen | Main | 10.53' x 7.91' | Stainless Steel Appl |
| Prim Bdrm | Main | 18.50' x 10.07' | East View, Double Closet, 4 Pc Ensuite |
| Bathroom | Main | 7.87' x 9.97' | 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
298 Jarvis St 804 is a 1-bedroom 1-bathroom condo listed for sale at $519,000, which is $51,831 (9.1%) lower than the average sold price of $570,831 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,245 (0.2%) compared to the previous 30 day period (September 23 - October 22) and down $18,306 (3.1%) from the same time one year ago.Inventory Change
There were 1,217 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 3.1% compared with the previous 30 day period (September 23 - October 22) and down 5.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,815) (1.7%) below asking price over the last 30 days (October 23 - November 21), which represents a $2,467 increase compared to the previous 30 day period (September 23 - October 22) and ($13,538) 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 1-bedroom condos in Downtown Toronto over the last 30 days (October 23 - November 21) stood at 50.3%, up from 44.5% over the previous 30 days (September 23 - October 22) and up from 34.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 23 - November 21), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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