55 Front St E 716
Waterfront Communities C8, Downtown Toronto, M5E 0A7
FOR SALE
$689,900
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
ROOMSC9391421
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Property Description
Welcome to The Berczy, where luxury meets convenience in the heart of downtown Toronto! This spacious 1-bedroom + den suite offers a well-designed open-concept layout perfect for anyone seeking both comfort and modern style. With its high ceilings and hardwood floors, the unit exudes a sense of openness and warmth. The sleek, modern kitchen is equipped with Built-in appliances, premium finishes, and plenty of storage, making it a joy to cook in. The layout is both functional and stylish, featuring a den that can easily be used as a home office or a guest area, offering flexibility for your needs. The bedroom is generously sized with ample closet space. Living at The Berczy means access to a wealth of top-notch amenities. Stay active in the fully equipped gym, unwind in the sauna, or find your zen in the yoga studio. Planning a social gathering? The party room and courtyard provide the perfect settings for entertaining friends or family. There's also a media room for movie nights and additional spaces to relax or work within the building. Situated in the highly sought-after St. Lawrence Market District, this condo offers the best of downtown living. Step outside and find yourself just moments away from the historic St. Lawrence Market, commuting is a breeze with Union Station only minutes away and TTC access right outside your door. You're also steps away from the Financial District, Scotiabank Arena, and Toronto's vibrant nightlife, making this location perfect for both work and play.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-07 | 2024-10-25 | 18 | $2,650 | - | Terminated |
| 2021-01-04 | 2021-02-12 | 41 | $2,100 | $2,000 | Leased |
Nearby Intersections
Yonge & Front (34)
York & Bremner (180)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,069 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 13.29' x 11.19' | Open Concept, W/O To Balcony, Hardwood Floor |
| Dining | Flat | 9.58' x 9.97' | Open Concept, Combined W/Kitchen, Hardwood Floor |
| Kitchen | Flat | 9.58' x 9.97' | B/I Appliances, Combined W/Dining, Hardwood Floor |
| Den | Flat | 12.37' x 6.17' | Open Concept, W/O To Balcony, Hardwood Floor |
| Prim Bdrm | Flat | 9.58' x 9.97' | Large Closet, Sliding Doors, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Front St E 716 is a 1-bedroom 1-bathroom condo listed for sale at $689,900, which is $122,996 (21.7%) higher than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 1-bedroom condos in Downtown Toronto over the last 30 days (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-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 Re/Max Plus City Team Inc.
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