38 Grand Magazine St 331
Niagara, Downtown Toronto, M5V 0B1
FOR SALE
$549,900
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Property Description
Welcome To Unit 331 At 38 Grand Magazine Street, Located In The Desirable York Harbour Club In The Heart Of Toronto. This Bright And Spacious 1-Bedroom, 1-Bathroom Condo Offers A Functional Open-Concept Layout, Perfect For Modern Living. The Kitchen Boasts Sleek Granite Countertops And Stainless Steel Appliances, While The Living And Bedroom Areas Feature Floor-To-Ceiling Windows, Allowing Plenty Of Natural Light. Enjoy Laminate Flooring Throughout And Two Walkouts To A Large East-Facing Balcony With Great City Views. The Building Offers A Range Of Amenities, Including A Outdoor Pool, Workout Room, Rooftop Garden, And 24-Hour Concierge Service. Pet-Friendly With A Convenient Dog Washing Station. Just Steps From Restaurants, Parks, Grocery Stores, TTC, Biking Trails, The CNE, And The Lake!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-10 | 2024-09-18 | 8 | $499,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,232 (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 | Main | 9.45' x 15.29' | |
| Kitchen | Main | 7.58' x 8.99' | |
| Prim Bdrm | Main | 10.01' x 8.99' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Grand Magazine St 331 is a 1-bedroom 1-bathroom condo listed for sale at $549,900, which is $21,558 (3.8%) lower than the average sold price of $571,458 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $692 (0.1%) compared to the previous 30 day period (July 30 - August 28) and down $46,879 (7.6%) from the same time one year ago.Inventory Change
There were 1,678 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 39.9% compared with the previous 30 day period (July 30 - August 28) and up 6.9% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,783) (1.9%) below asking price over the last 30 days (August 29 - September 27), which represents a $2,215 decrease compared to the previous 30 day period (July 30 - August 28) and ($7,993) 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 29 - September 27) stood at 29.3%, down from 43.9% over the previous 30 days (July 30 - August 28) and up from 28.1% 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 (August 29 - September 27), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Rebel Real Estate Inc.
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