50 Mccaul St 705
Kensington-Chinatown, Downtown Toronto, M5T 1V9
FOR SALE
$928,000
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BEDROOMS1
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Property Description
Welcome To Luxury Tridel Built Brand New "Form"! 2 Bedrooms Corner Unit With Clear Parkview. Conveniently Located At Queen And University. Steps To Subway, Financial District, Ocad, U Of T. Minutes Away From The Trendy Queen West Community, Business, Entertainment District, China Town, Hospitals, Ocad, Ryerson & U Of T, All Amenities & Eatery. State-Of-The-Art Amenities: Gym, Roof Top Terrace And Outdoor Lounge And More!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-15 | 2024-04-25 | 10 | $928,000 | - | Terminated |
| 2024-03-26 | 2024-04-15 | 20 | $928,000 | - | Terminated |
| 2023-05-10 | 2023-05-13 | 3 | $3,300 | $3,300 | Leased |
| 2023-05-10 | 2023-05-12 | 2 | $1,050,000 | - | Terminated |
| 2021-08-05 | 2021-08-07 | 2 | $2,800 | $2,800 | Leased |
Nearby Intersections
Queen & University (116)
University & Dundas (48)
Property Features
Arts Centre, Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,171 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level A-5)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Mccaul St 705 is a 2-bedroom 1-bathroom condo listed for sale at $928,000, which is $96,295 (11.6%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Gta Realty Inc.
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