38 Elm St 3301
Bay Street Corridor, Downtown Toronto, M5G 2K5
FOR SALE
$599,000
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Property Description
Welcome To One Of The Best Streets In The Bay Street Corridor! This Open Concept And Sun Filled OneBedroom Condo Is EXACTLY What The Doctor Ordered. Located Just A Short Walk From The HospitalDistrict, Suite 3301 Is The Perfect Home For Any Attending! Elm St Houses Some Of The BestRestaurants In The City And They Are All At Your Doorstep. For Those Looking For A Quiet Home ButStill in The Heart Of The Action, Being 33 Floors Up; You Can Unwind After A Long Day In Your MasterEnsuite By Running A Bubble Bath In Your Soaker Tub Or Simply Curl Up Infront Of The Windows On TheCouch With Your Favourite Bottle Of Red! The Open Concept Living Space Makes For PerfectEntertaining.
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Extras
Maintenance Fees Are All Inclusive. Unit Features A Massive Walk-In Cloak Room As Well! Building also features a beautiful indoor pool and sauna!
Nearby Intersections
Property Features
Clear View, Hospital, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,379 (2024)
Basement
None
Exterior
Brick, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
None (0)
Parking 2
None (0)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.97' x 7.02' | Laminate, O/Looks Dining, Stainless Steel Appl |
| Living | Main | 12.01' x 20.47' | Large Window, Laminate, Combined W/Dining |
| Dining | Main | 12.01' x 20.47' | Combined W/Living, Open Concept, Laminate |
| Br | Main | 10.99' x 12.99' | Laminate, 3 Pc Ensuite, W/I Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Elm St 3301 is a 1-bedroom 1-bathroom condo listed for sale at $599,000, which is $28,169 (4.9%) higher 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 The Agency
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