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
ROOMSC11923400
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Property Description
Welcome to the perfect downtown retreat! This spacious 1-bedroom + den condo seamlessly blends comfort, functionality, and potential. Featuring a thoughtfully designed layout, the unit includes a generously sized bedroom and a bright solariumideal for a home office, reading nook, or creative space.Large east-facing windows flood the condo with natural light, creating an airy, inviting atmosphere. Youll also enjoy uninterrupted views of Allan Gardens lush greenery, offering a serene escape from the citys energy.Located in The Metropolitan Essex, a quiet and meticulously maintained building, this condo provides a peaceful sanctuary while keeping you steps from downtowns conveniences. Walk to College subway station in minutes or explore the nearby Eaton Centre, restaurants, cafes, and an array of shopseverything you need is right at your fingertips.Practical features add to the appeal: a dedicated parking spot, a locker for extra storage, and plenty of potential to renovate and make the space uniquely yours. Whether youre a first-time buyer looking for a starter home or an investor seeking a prime opportunity, this condo delivers.This is a great opportunity to own a home that perfectly balances location, functionality, and room to grow!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-07 | 2025-01-15 | 69 | $519,000 | - | Terminated |
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 (93)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,468 (2024)
Basement
Apartment
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
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 $47,564 (8.4%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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