50 Lombard St 1004
Church-Yonge Corridor, Downtown Toronto, M5C 2X4
FOR SALE
$510,000
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Property Description
Experience the best of downtown Toronto in this charming one-bedroom unit with stunning city views. Situated in the prestigious Indigo Building with 24/7 concierge service, this home features a spacious corner bedroom with unobstructed south-facing windows, filling the space with natural light. Upgraded with luxury finishes, it boasts European oak engineered hardwood floors, solar roll-down shades, and a sleek modern kitchen with high-end stainless steel appliances, an oversized undermount sink, and in-suite laundry. Enjoy a dedicated nook for a home office, a private storage locker, and top-tier amenities, including a gym, sauna, rooftop patio with BBQs, party room, game room, library, and guest suite. Located on tranquil Lombard Street, yet steps from the Financial District, St. Lawrence Market, Eaton Centre, the PATH system, transit, and major highways-Gardiner Expy. A rare opportunity in an unbeatable location, this property offers incredible value and investment potential.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-05-06 | 2021-05-21 | 15 | $485,000 | $470,000 | Sold |
| 2020-08-18 | 2020-10-19 | 62 | $480,000 | - | Terminated |
Nearby Intersections
Adelaide & Church (29)
Property Features
Hospital, Library, Place Of Worship, Public Transit, School, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,767 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 8.23' x 11.09' | Hardwood Floor, Double Closet, South View |
| Great Rm | Main | 10.50' x 18.50' | Hardwood Floor, Open Concept |
| Kitchen | Main | 6.92' x 7.25' | Quartz Counter, Tile Floor, B/I Appliances |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Lombard St 1004 is a 1-bedroom 1-bathroom condo listed for sale at $510,000, which is $49,231 (8.8%) lower than the average sold price of $559,231 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,008 (0.5%) compared to the previous 30 day period (December 20 - January 18) and down $36,630 (6.1%) from the same time one year ago.Inventory Change
There were 1,362 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 47.6% compared with the previous 30 day period (December 20 - January 18) and up 27.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,787) (2.6%) below asking price over the last 30 days (January 19 - February 17), which represents a $1,429 decrease compared to the previous 30 day period (December 20 - January 18) and ($10,396) 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 (January 19 - February 17) stood at 25.6%, down from 34.0% over the previous 30 days (December 20 - January 18) and down from 52.6% 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 34 days when successfully sold over the last 30 days (January 19 - February 17), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Bay Realty
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