38 Elm St 811

FOR SALE
$990,000
38 Elm St 811, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C9009545
MLSID
Contact Us
Property Description
Welcome To The Amazing And Luxurious Minto Plaza In The Heart Of Downtown.This Elegant Renovated Suite Offers Unobstructed S/W View, Balcony, Elegant Open Concept Living & Dining Room, Renovated Kitchen W/Stainless Steel Appl, Hardwood & Marble Floors, Spacious Master W/ Ensuite W/Jacuzzi & W/C.Parking And Locker Included. Condo Fees Include All Utilities. Walk To Hospitals, U Of T, Ryerson, Eaton Centre, Yonge/Dundas, TTC. This is Your Opportunity It will Not Last.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-05 2024-07-09 4 $3,500 $3,720 Leased
2024-07-05 2024-07-09 4 $3,500 $3,500 Leased
2021-07-20 2021-08-08 19 $899,000 $885,000 Sold
2020-08-11 2020-08-26 15 $948,000 - Terminated
Extras
Walk To U Of T, Steps To Ryerson, Eaton Centre, Yonge/Dundas, TTC, 24 Hr Security, Great Rec Facilities- Indoor Pool, Newly Reno'd Gym & Sauna.*Condo Fees Include All Utilities. All window coverings and all Appliances included
Nearby Intersections
Property Features
Clear View, Hospital, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,550 (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 (P2)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain7.48' x 11.25'Hardwood Floor, Stainless Steel Appl, O/Looks Dining
DiningMain11.98' x 19.98'Open Concept, Combined W/Living, Hardwood Floor
LivingMain11.98' x 19.98'Open Concept, W/O To Balcony, Hardwood Floor
Prim BdrmMain10.50' x 13.98'5 Pc Bath, W/I Closet, Hardwood Floor
2nd BrMain10.50' x 12.99'Hardwood Floor, Closet, Hardwood Floor
LaundryMain4.53' x 6.99'Marble Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Elm St 811 is a 2-bedroom 2-bathroom condo listed for sale at $990,000, which is $223,926 (29.2%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.
Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% 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 (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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