38 Niagara St PH03
Waterfront Communities C1, Downtown Toronto, M5V 3X1
FOR SALE
$1,349,000
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Property Description
A Rare Find, This Fabulous 2 Bed + Den Penthouse is Bathed in Light From Expansive Walls of Windows. Featuring Exposed 9 Foot Concrete Ceilings, Functional Layout & Ample Built-In Storage. Ideally Suited For Entertaining, The Spacious Custom Built Kitchen With High End Appliances, Quartz Contertops & Modern Backsplash Moves Elegantly Into a Handsome Open-Concept Living & Dining Room. Enjoy Maximum Flow & a Flexible Configuration of the Highly Desirable Split Bedroom Layout. The Primary Bedroom Hosts a Balcony, W/I Closet & Completely Upgraded Ensuite Bathroom. The 2nd Bedroom & Bathroom Have Been Tastefully Renovated. The Spacious & Airy Den is an Inspired Work-From-Home Office Oasis. You Will Be Drawn to the Oversized Balcony on the Main Level & a Huge Terrace on the 3rd Level with Unobstructed City Views. Parking & Storage Locker Included. A Well-Maintained, Quiet Boutique Building Directly On Pet-Friendly Park. Famous For Its Restaurants & Nightlife, King West Is An Active Slice Of The City W/ Green Spaces Galore, Easy TTC, One Hotel, Restaurants, Park, Market, Farm Boy, Lakefront Access & Every Amenity At Your Doorstep.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$6,795 (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 (A)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 4.79' x 8.30' | Laminate, Closet |
Living | Main | 19.59' x 19.59' | Laminate, W/O To Balcony, South View |
Dining | Main | 19.59' x 19.59' | Laminate, Combined W/Living, Open Concept |
Kitchen | Main | 10.33' x 12.34' | Tile Floor, Stainless Steel Appl, Quartz Counter |
Prim Bdrm | 2nd | 9.94' x 17.91' | Laminate, 4 Pc Ensuite, W/O To Balcony |
2nd Br | 2nd | 9.61' x 14.60' | Laminate, Large Closet, Large Window |
Den | 2nd | 8.99' x 15.29' | Laminate, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Niagara St PH03 is a 2-bedroom 3-bathroom condo listed for sale at $1,349,000, which is $592,399 (78.3%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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