50 Lombard St 2101
Church-Yonge Corridor, Downtown Toronto, M5C 2X4
FOR SALE
$744,000
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BEDROOMS2
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Property Description
Offered at an unbelievable price of $676 per sq ft including parking & a locker! 1,100 Square foot open concept corner suite featuring a stunning renovated chef's kitchen with a huge island, quartz counters seating for six, top quality appliances & a custom storage pantry. Amazing amount of storage throughout the suite plus a locker. Generous living space with large 12ft x 11 ft primary bedroom, marble tiled en-suite & jacuzzi tub, large 2nd bedroom & washroom. Fantastic location only 10 a minute walk to St Lawrence Market, Financial District, George Brown & Toronto Metropolitan University. Convenient access to transit, highways, & major thoroughfares, commuting is a breeze. Plus, with top-notch shopping, entertainment, recreation, cafes & restaurant options nearby, everything you desire is just steps away. Whether you're a discerning homeowner or an astute investor we challenge you to find better value in the area.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-24 | 2024-11-20 | 57 | $749,000 | - | Terminated |
| 2024-07-01 | 2024-09-24 | 85 | $749,000 | - | Terminated |
| 2024-05-06 | 2024-06-30 | 55 | $749,000 | - | Terminated |
| 2023-04-25 | 2023-05-17 | 22 | $4,200 | - | Terminated |
| 2023-04-25 | 2023-05-15 | 20 | $4,000 | $4,000 | Leased |
| 2023-03-29 | 2023-04-25 | 27 | $4,400 | - | Terminated |
Extras
Extremely well-managed boutique mid-rise building with only 104 predominately larger condos-indulge in a wealth of amenities; state-of-the-art gym, sauna, large rooftop terrace with BBQs, party room & guest suites.
Nearby Intersections
Adelaide & Church (34)
Property Features
Arts Centre, Hospital, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,678 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Lombard St 2101 is a 2-bedroom 2-bathroom condo listed for sale at $744,000, which is $18,090 (2.4%) lower than the average sold price of $762,090 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $4,489 (0.6%) compared to the previous 30 day period (September 24 - October 23) and down $59,463 (7.2%) from the same time one year ago.Inventory Change
There were 1,098 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 24 - November 22), which is down 17.7% compared with the previous 30 day period (September 24 - October 23) and down 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,468) (2.6%) below asking price over the last 30 days (October 24 - November 22), which represents a $464 decrease compared to the previous 30 day period (September 24 - October 23) and ($20,368) 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 (October 24 - November 22) stood at 51.5%, up from 37.5% over the previous 30 days (September 24 - October 23) and up from 37.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 24 - November 22), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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