456 College St 503
Palmerston-Little Italy, Downtown Toronto, M6G 4A3
FOR SALE
$525,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Rare opportunity to enter the market in one of the best locations in the city. Welcome to the Channel Club in the heart of desirable Palmerston-Little Italy. Not your typical shoebox condo, this fabulous one plus den unit offers generous spaces, an efficient layout and exceptional function. The U shaped kitchen features a stainless steel range and dishwasher, an abundance of counter space and ample storage. Perfect for entertaining, the sprawling, south-facing living/dining room can easily accommodate house-sized furniture. Your dream work from home setup with a spacious bedroom and separate den/office (can be used as a second/guest bedroom). Ensuite laundry. Boutique, eight storey building with gym, party room and rooftop deck. Convenient living with a 99 Walk score and transit at your door. Minutes to U of T, Queens Park, hospitals and the downtown core. Enjoy the best of city living, steps to Michelin star restaurants, local favourites, cafes, shops and so much more.
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Extras
Separate electric HVAC in unit (owned)
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,425 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level A unit 9)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 12.47' x 11.48' | Open Concept, Picture Window, Hardwood Floor |
| Dining | Flat | 7.87' x 10.17' | Open Concept, Hardwood Floor |
| Kitchen | Flat | 7.22' x 10.17' | Modern Kitchen, Double Sink, Pot Lights |
| Prim Bdrm | Flat | 9.51' x 11.48' | Large Closet, Hardwood Floor |
| Den | Flat | 12.47' x 21.33' | Combined W/Living, French Doors, Large Window |
| Bathroom | Flat | 8.86' x 8.86' | Combined W/Laundry, Wall Sconce Lighting |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
456 College St 503 is a 1-bedroom 1-bathroom condo listed for sale at $525,000, which is $37,863 (6.7%) lower than the average sold price of $562,863 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $6,430 (1.1%) compared to the previous 30 day period (October 18 - November 16) and down $22,163 (3.8%) from the same time one year ago.Inventory Change
There were 886 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 31.7% compared with the previous 30 day period (October 18 - November 16) and up 19.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,552) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,650 decrease compared to the previous 30 day period (October 18 - November 16) and ($14,925) 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 1-bedroom condos in Downtown Toronto over the last 30 days (November 17 - December 16) stood at 51.2%, up from 47.2% over the previous 30 days (October 18 - November 16) and down from 54.9% 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 31 days when successfully sold over the last 30 days (November 17 - December 16), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Associates Realty Inc.
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