38 Elm St 3113
Bay Street Corridor, Downtown Toronto, M5G 2K5
FOR SALE
$650,000
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BEDROOMS2
BATHROOMS1
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Property Description
Sun Filled Unit In The Heart Of The City. Gorgeous City & Cn Tower Views. Bright&Spacious One Bedroom Suite W/2 Bathrooms With A Spa Like En-Suite, Large Walk In Closet, En-Suite Storage & Exclusive Locker. The Most Desired Layout In The Entire Building. Walkscore Of 100. Walk To Subway, Hospitals, Ryerson, U Of T, Eaton Centre, Financial District, Shops & Restaurants. Tons Of Amenities, Including A Huge Patio & Kids Play Area, 24Hrs Security
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-25 | 2023-08-24 | 30 | $2,900 | $2,900 | Leased |
| 2022-07-05 | 2022-07-07 | 2 | $2,400 | $2,400 | Leased |
| 2021-07-04 | 2021-08-17 | 44 | $2,200 | $2,200 | Leased |
| 2020-06-25 | 2020-07-26 | 36 | $2,500 | - | Suspended |
Nearby Intersections
Property Features
Clear View, Library, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,800 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.33' x 12.01' | Combined W/Dining, Sw View |
| Dining | Flat | 10.33' x 12.01' | Combined W/Living |
| Kitchen | Flat | 6.40' x 7.71' | O/Looks Dining |
| Prim Bdrm | Flat | 10.99' x 12.99' | 5 Pc Ensuite, Sw View |
| Laundry | Flat | 5.91' x 4.92' | Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Elm St 3113 is a 1-bedroom 2-bathroom condo listed for sale at $650,000, which is $83,923 (14.8%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 1-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Excel Realty Ltd.
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