50 Lombard St 1401

FOR SALE
$679,000
50 Lombard St 1401, Downtown Toronto
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
50 Lombard St 1401
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C11977581
MLSID
Contact Us
Property Description
This unit offers 940 sq ft of living space, providing a generous layout that is rare in todays market. It offers spacious & bright living areas, ample storage, thoughtful design that makes it easy to feel at home. The Indigo is a low-density building with only 104 suites creating a warm and welcoming environment & puts you in the heart of some of Toronto's best dining, shopping, and entertainment right at your doorstep. Just steps away from the St. Lawrence Market, Eaton Centre & Financial District, Theatres, Restaurants & Nightlife. It is also conveniently located near George Brown College, Toronto Metropolitan University (TMU), and the University of Toronto (UofT). The Indigo was built with unique features that set it apart: High-speed elevators with a backup generator, Secure package storage with email notifications & Boutique concierge service. One of the advantages of living here is that maintenance fees include key services that many new buildings charge separately for: 24/7 Onsite Concierge & Security, Heating and Cooling Costs as well as Water are Included. Enjoy the benefit of an on-site Property Manager, ensuring maintenance requests and repairs are handled efficiently. Easy Access to Transit & Commuting Options: Subway & Streetcars - steps from Queen and King stations. Union Station - GO Train and VIA Rail for commuters. Easy highway access to the Gardiner Expressway & DVP. Residents enjoy a rooftop terrace with breathtaking skyline views, a well-equipped fitness center, a 2 floor party room, and guest suite all designed to enhance your lifestyle. Close Proximity to Green Spaces & Outdoor Living such as St. James Park & Berczy Park Whether you're a young professional, student, or someone looking for a boutique-style residence in downtown Toronto, The Indigo Private Residences provide the perfect balance of comfort, convenience, and community.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-07 2025-01-31 146 $698,900 - Expired
2024-05-25 2024-08-31 98 $699,900 - Expired
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,568 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (C/1)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain9.25' x 14.40'Hardwood Floor, O/Looks Dining, Ne View
DiningMain12.40' x 15.75'Hardwood Floor, O/Looks Living
KitchenMain10.33' x 10.63'Marble Floor, Galley Kitchen, B/I Appliances
Prim BdrmMain10.60' x 10.66'Hardwood Floor, Double Closet
2nd BrMain8.07' x 13.12'Hardwood Floor, Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Lombard St 1401 is a 2-bedroom 1-bathroom condo listed for sale at $679,000, which is $77,601 (10.3%) lower 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 1-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 Chestnut Park Real Estate Limited
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