550 Front St W 614
Waterfront Communities C1, Downtown Toronto, M5V 3N5
FOR SALE
$949,900
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BEDROOMS2
BATHROOMS1
KITCHENS6
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Property Description
*Rarely Offered 2 Bedroom + Den Condo (Approximately 1,150 Square Feet) At King West Village *Boutique Two-Storey Suite With An Open Concept Layout *9 Feet High Ceilings *Modern Kitchen Updated With Quartz Countertop & Marble Backsplash *Kitchen Pantry Storage *Primary Bedroom With Walk-In Closet *Spacious Balcony With View Of The Park *Steps To Restaurants, Bars & Grocery Stores *Close To The Fashion District, Entertainment District, Gardiner Expressway *The Location Offers Easy Access To Popular Attractions Like The Rogers Centre, CN Tower, The Well Shopping Centre, Ripley's Aquarium, As Well As The Waterfront And Toronto Islands.
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Extras
Fridge, Stove, B/I Dishwasher, Hood Range, Washer & Dryer, All Existing Electric Light Fixtures, All Existing Window Coverings, A/C Unit, One Parking, One Locker.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$3,558 (2023)
Basement
None
Exterior
Concrete, Stucco/Plaster
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P2, Unit 224)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 20.41' x 9.19' | Hardwood Floor, W/O To Balcony |
| Dining | Main | 8.83' x 8.56' | Hardwood Floor, Open Concept |
| Kitchen | Main | 9.19' x 8.56' | Hardwood Floor, Modern Kitchen |
| Prim Bdrm | 2nd | 14.83' x 9.15' | Laminate, W/I Closet |
| 2nd Br | 2nd | 12.17' x 8.33' | Laminate, Closet |
| Den | 2nd | 11.75' x 7.38' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
550 Front St W 614 is a 2-bedroom 2-bathroom condo listed for sale at $949,900, which is $118,195 (14.2%) 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 2-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 Re/Max Crossroads Realty Inc.
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