38 Elm St 2207
Bay Street Corridor, Downtown Toronto, M5G 2K5
FOR SALE
$599,000
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BATHROOMS1
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Property Description
DOWNTOWN TORONTO. 5 MIN WALK TO TTC. NEW QUARTZ COUNTER TOP, NEW BACKSPLASH. FRIDGE (2024), WASHER (2024), DRYER (2024) , DISHWASHER(2024) STOVE (2023), MICROWAVE(2023). NEW SINK, NEW FAUCET, JACUZZI. LOCKBOX FOR EASY SHOWING
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-05 | 2022-10-10 | 97 | $550,000 | - | Terminated |
| 2022-09-20 | 2022-10-08 | 18 | $2,450 | $2,520 | Leased |
| 2022-07-05 | 2022-10-09 | 96 | $550,000 | - | Suspended |
| 2020-07-24 | 2020-09-14 | 52 | $1,799 | $1,799 | Leased |
| 2019-07-10 | 2019-09-08 | 61 | $2,300 | $2,250 | Leased |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,519 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.71' x 8.04' | Marble Floor |
| Dining | Main | 11.65' x 23.46' | Laminate |
| Family | Main | 11.65' x 24.77' | Laminate |
| Prim Bdrm | Main | 10.99' x 15.75' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Elm St 2207 is a 1-bedroom 1-bathroom condo listed for sale at $599,000, which is $29,873 (5.2%) higher than the average sold price of $569,127 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,248 (0.2%) compared to the previous 30 day period (October 4 - November 2) and down $19,913 (3.4%) from the same time one year ago.Inventory Change
There were 1,076 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 3 - December 2), which is down 14.5% compared with the previous 30 day period (October 4 - November 2) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,738) (1.9%) below asking price over the last 30 days (November 3 - December 2), which represents a $2,018 increase compared to the previous 30 day period (October 4 - November 2) and ($15,559) 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 (November 3 - December 2) stood at 54.0%, up from 46.0% over the previous 30 days (October 4 - November 2) and up from 35.6% 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 30 days when successfully sold over the last 30 days (November 3 - December 2), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Aimhome Realty Inc.
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