38 Elm St 3305
Bay Street Corridor, Downtown Toronto, M5G 2K5
FOR SALE
$597,000
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Property Description
Motivated Seller!!! Spectacular City View From This Sub-Penthouse 1 Bdrm/1-Bath Unit In Luxurious Minto Plaza! Amazing Building Amenities With Most Conveniences Just Steps Away. Visit With Confidence. TTC Located Just Steps Away Making Your Daily Commutes Easy. Extras: Cooktop Stove (2018), Oven (2018), B/I Microwave (2018), B/I Dishwasher (218), Fridge (2018), Full Size Washer/Dryer (2018)
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-13 | 2023-12-05 | 53 | $569,800 | - | Terminated |
| 2023-11-15 | 2023-11-25 | 10 | $2,500 | $2,500 | Leased |
| 2022-11-11 | 2022-11-13 | 2 | $2,390 | $2,390 | Leased |
| 2022-10-18 | 2022-11-11 | 24 | $2,500 | - | Terminated |
| 2022-01-10 | 2022-01-28 | 18 | $2,100 | $2,100 | Leased |
| 2020-10-20 | 2020-12-05 | 47 | $1,830 | $1,830 | Leased |
Extras
Fridge, Stove, Dishwasher, Washer & Dryer
Nearby Intersections
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,253 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
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 | 13.68' x 14.50' | Laminate, Irregular Rm, Combined W/Dining |
| Dining | Flat | 13.68' x 14.50' | Laminate, Irregular Rm, Combined W/Living |
| Kitchen | Flat | 5.84' x 8.76' | Marble Floor, Ceramic Back Splash |
| Prim Bdrm | Flat | 8.86' x 10.66' | Laminate, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Elm St 3305 is a 1-bedroom 1-bathroom condo listed for sale at $597,000, which is $22,918 (4.0%) higher than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.Inventory Change
There were 1,421 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) 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 (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% 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 32 days when successfully sold over the last 30 days (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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