38 Widmer St 4801
Waterfront Communities C1, Downtown Toronto, M5V 0P7
FOR SALE
$998,000
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Property Description
Luxury Living at 38 Widmer Downtown Toronto's Finest!Step into this bright and spacious 2-bedroom corner unit on the 48th floor, offering stunning unobstructed city views and a heated balcony for year-round enjoyment. Thoughtfully designed, it features premium wood flooring, high-end Miele appliances, and a luxurious four-piece bathroom with Kohler fixtures. Enjoy the convenience of ensuite laundry and the rare bonus of a deeded EV parking spot.World-Class Amenities in an Unbeatable LocationThis Concord-built condo boasts a fitness center, pool, in-building cinema, refrigerated parcel storage, and high-tech conference rooms tailored for work-from-home lifestyles. With keyless NFC entry and a smart thermostat, the building epitomizes modern living. Located in the heart of the Entertainment District, steps from the subway, Financial District, premium dining, TIFF Festival, shopping, and theaters, it offers a 100/100 walk score. Dont miss your chance to own this luxury unit.
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Extras
Up-Scale Miele Appliances: B/I Refrigerator, Cooktop, Dishwasher, Washer/Dryer, Closet Organizer In Bedroom.
Nearby Intersections
King & Spadina (225)
Adelaide & John (81)
Peter & Adelaide (111)
Richmond & Peter (74)
John & Richmond (60)
King & John (228)
Queen & Spadina (148)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Unit 7 Lvl P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 10.50' x 13.78' | Combined W/Living, W/O To Balcony |
| Living | Main | 10.50' x 13.78' | Combined W/Dining, W/O To Balcony |
| Kitchen | Main | 5.91' x 8.53' | B/I Appliances, Open Concept |
| Br | Main | 10.50' x 10.50' | Window Flr to Ceil |
| 2nd Br | Main | 8.86' x 9.19' | Window Flr to Ceil |
| Bathroom | Main | 4.92' x 7.28' | 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Widmer St 4801 is a 2-bedroom 1-bathroom condo listed for sale at $998,000, which is $259,248 (35.1%) higher than the average sold price of $738,752 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,317 (2.3%) compared to the previous 30 day period (November 18 - December 17) and down $22,193 (2.9%) from the same time one year ago.Inventory Change
There were 743 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 9.7% compared with the previous 30 day period (November 18 - December 17) and up 40.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,527) (2.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $3,923 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,364) 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 (December 18 - January 16) stood at 39.3%, down from 60.3% over the previous 30 days (November 18 - December 17) and down from 51.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Heritage Group Ltd.
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