55 Front St E 518
Waterfront Communities C8, Downtown Toronto, M5E 0A7
FOR SALE
$1,325,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
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Property Description
Welcome to The Berczy! Highly-coveted boutique luxury living in the heart of the St Lawrence Market neighbourhood. This elegant 2 bedroom + den, 2 bath suite features just shy of 1100 sq ft of living space in one of the most sought-after buildings in the city, with two Juliette balconies overlooking the historic Flatiron building and picture-perfect views over Berczy Park. Step into a spacious foyer, 9' ceilings, with brand new high-grade light oak engineered hardwood flooring throughout, and a European-inspired kitchen with full-size integrated appliances, quartz counters, and a large island perfect for entertaining. A serene primary bedroom with a walk-in closet and ensuite bath with separate soaker tub, a large guest bedroom with ample closet space, and an additional 3-piece guest bathroom. What really makes this suite unique is the large den off your kitchen that allows for a rare, intimate dining area that you just can't find in most condos, allowing for a very spacious dedicated living area for hosting family and friends. Welcome home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-03-27 | 2023-04-04 | 8 | $1,375,000 | - | Terminated |
| 2023-03-27 | 2023-03-31 | 4 | $4,200 | $4,200 | Leased |
| 2023-03-06 | 2023-03-26 | 20 | $1,375,000 | - | Terminated |
| 2019-10-17 | 2019-10-23 | 6 | $999,000 | $1,200,000 | Sold |
Extras
1 owned parking space. Fantastic building amenities: 24-hr concierge, gym, party room, media room, hot tub, sauna, steam room, roof deck with BBQs, private courtyard, pet wash station, visitor parking, and two guest suites.
Nearby Intersections
Yonge & Front (30)
York & Bremner (132)
Property Features
Library, Park, 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
$5,386 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (LEVEL B UNIT 60)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.09' x 18.18' | Hardwood Floor, Juliette Balcony, O/Looks Park |
| Dining | Main | 11.09' x 18.18' | Hardwood Floor, Combined W/Living |
| Kitchen | Main | 8.01' x 10.83' | Hardwood Floor, Quartz Counter, B/I Appliances |
| Prim Bdrm | Main | 10.01' x 12.24' | Hardwood Floor, W/I Closet, 4 Pc Ensuite |
| 2nd Br | Main | 9.58' x 10.27' | Hardwood Floor, Sliding Doors, Large Closet |
| Den | Main | 9.35' x 7.94' | Hardwood Floor |
| Foyer | Main | 5.84' x 10.01' | Hardwood Floor, Double Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Front St E 518 is a 2-bedroom 2-bathroom condo listed for sale at $1,325,000, which is $593,315 (81.1%) higher than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.Inventory Change
There were 779 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) 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 (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% 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 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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