50 Power St 724

FOR SALE
$998,000
50 Power St 724, Downtown Toronto
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
50 Power St 724
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50 Power St 724
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C9398236
MLSID
Contact Us
Property Description
Welcome to 50 Power St, where contemporary design meets the best of downtown living! This beautifully designed 2+Den condo offers an ideal split layout, providing privacy between bedrooms and plenty of space to suit your lifestyle. The den, can easily be transformed into a third bedroom with the addition of a sliding door, making it a perfect space for guests or a home office. The open-concept living and dining area flows seamlessly into the modern kitchen, which features sleek finishes and high-end appliances perfect for both entertaining and daily living. Step out onto your private balcony to enjoy unobstructed views of the city, offering a peaceful retreat right at home. In addition to the spacious interior, you will have access to premium amenities, including a state-of-the-art gym and a luxurious pool. The location is unbeatable just a short walk to the vibrant Distillery District and the upcoming Corktown subway station, giving you easy access to all the city has to offer. Commuting is effortless with the King St streetcar right at your doorstep, providing direct connections to the financial district. Enjoy the perfect blend of modern luxury, convenience, and stunning city views at 50 Power St. Don't miss the opportunity to make this unit your home today!
Extras
Stove, dishwasher, microwave oven, washer and dryer, fridge, all window coverings, all light fixtures. Parking and locker included!
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,648 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Power St 724 is a 2-bedroom 2-bathroom condo listed for sale at $998,000, which is $228,337 (29.7%) higher than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.
Inventory Change
There were 1,340 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) 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 (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% 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 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Investments Group
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