38 Elm St 2811

FOR SALE
$749,900
38 Elm St 2811, Downtown Toronto
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
38 Elm St 2811
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
C12017147
MLSID
Contact Us
Property Description
Welcome to 38 Elm St #2811, a spacious two-bedroom, two-bathroom condo in the prestigious Minto Plaza. Offering over 1000 square feet of well-designed living space, this unit features a highly functional layout with no wasted space and large southwest-facing windows that fill the home with natural light. A fantastic opportunity for buyers to add their personal touch and transform it into a truly stunning home. Don't miss this rare chance to invest in a high-demand downtown location at a great value. Enjoy premium building amenities, including a 24-hour concierge, an indoor swimming pool, a gym, a sauna, and elegant lounge areas. Located in the heart of downtown Toronto, steps from top restaurants, shopping, hospitals, universities, and transit. Plus, with all utilities included in the maintenance fees, this is an unbeatable opportunity to create your dream space in one of the city's most sought-after buildings!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-18 2022-09-26 8 $3,000 $3,100 Leased
2021-09-22 2021-10-08 16 $2,850 $2,850 Leased
2020-04-02 2020-05-11 39 $2,950 $2,800 Leased
2018-10-09 2018-11-23 45 $2,950 $2,800 Leased
Nearby Intersections
Property Features
Hospital, Library, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,931 (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 (C)
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Elm St 2811 is a 2-bedroom 2-bathroom condo listed for sale at $749,900, which is $6,701 (0.9%) lower than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.
Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% 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 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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