50 Power St 616

FOR SALE
$688,000
50 Power St 616, Downtown Toronto
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
50 Power St 616
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50 Power St 616
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50 Power St 616
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C11948905
MLSID
Contact Us
Property Description
Experience luxury living in downtown Toronto at 'Home on Power' by Great Gulf. This condominium offers a 2-bedroom, 2-bathroom unit spanning 798 sq. ft. With 9-foot ceilings and floor-to-ceiling windows, the space is bright and spacious, featuring an open-concept layout. The contemporary kitchen is equipped with stainless steel appliances, quartz countertops, and a stylish backsplash. Conveniently located near the downtown core, residents have easy access to the Don Valley Parkway and are just steps away from public transit, shops, restaurants, and the Distillery District. The building offers exceptional amenities, including a gym/fitness/yoga studio, party room, meeting room/lounge, games room, outdoor pool, community garden, and BBQ area. Enjoy the ultimate blend of comfort and convenience in a vibrant setting. **EXTRAS** S/S Samsung Appliances: Fridge, Range, Hood. B/I Dishwasher. Samsung Front Load Washer & Dryer. All Existing Electrical Light Fixtures And Window Coverings.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-12-10 2025-01-29 50 $749,000 - Terminated
2022-05-10 2022-05-18 9 $2,550 $2,550 Leased
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, School
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,761 (2024)
Basement
None
Exterior
Concrete, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.33' x 22.41'Window Flr to Ceil, Open Concept, Combined W/Dining
DiningFlat10.33' x 22.41'Window Flr to Ceil, Open Concept, Combined W/Living
KitchenFlat10.33' x 22.41'Window Flr to Ceil, Open Concept, Stainless Steel Appl
Prim BdrmFlat8.99' x 10.99'Window Flr to Ceil, W/I Closet, 3 Pc Ensuite
2nd BrFlat8.23' x 9.42'Window Flr to Ceil, Double Closet, Sliding Doors
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Power St 616 is a 2-bedroom 2-bathroom condo listed for sale at $688,000, which is $68,601 (9.1%) 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 2-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 Re/Max Condos Plus Corporation
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