60 Tannery Rd 806
Waterfront Communities C8, Downtown Toronto, M5A 0S8
FOR SALE
$569,900
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BEDROOMS1
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Property Description
Best deal in Toronto! Attention first time buyers or investors looking to buy in a location that is just ready to take off & grow! Canary District is the place to be sandwiched between the future Corktown Ontario Line station & the Billions $$$ being invested into East Harbour (2nd largest transit hub in Toronto) where there's a potential 50,000-70,000 new jobs being created! If you're a future thinking buyer you know that any major new infrastructure project is great news for investment & this location has two! Incredible value & priced to sell. An excellent opportunity for any entry level purchasers looking to get into the market. Compare it to anything else in downtown & see if anything even comes close to the value you get here! Newer established building with 1 bed WITH parking, locker & modern finishes. Steps to restaurants, shops, the Distillery District & all the conveniences of downtown living. This is a no brainer & will not last. Get in while you can.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-27 | 2024-05-14 | 48 | $579,900 | - | Terminated |
| 2024-03-05 | 2024-03-25 | 20 | $589,900 | - | Terminated |
| 2020-02-25 | 2020-03-13 | 17 | $2,300 | $2,100 | Leased |
Extras
Stainless steel Range & Microwave. Built in Fridge & Dishwasher. Hood Fan. Stacked washer & dryer. All light fixtures and window coverings.
Property Features
Lake/Pond, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,332 (2023)
Basement
None
Exterior
Concrete, Metal/Side
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A/20)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 16.17' x 12.83' | Open Concept, W/O To Balcony, Laminate |
| Dining | Flat | 16.17' x 12.83' | Open Concept, Window Flr To Ceil, Laminate |
| Kitchen | Flat | 16.17' x 12.83' | Open Concept, B/I Appliances, Laminate |
| Br | Flat | 9.84' x 9.42' | Sliding Doors, Laminate, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
60 Tannery Rd 806 is a 1-bedroom 1-bathroom condo listed for sale at $569,900, which is $32,071 (5.3%) lower than the average sold price of $601,971 in the last 30 days (May 26 - June 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,539 (1.3%) compared to the previous 30 day period (April 26 - May 25) and down $32,279 (5.1%) from the same time one year ago.Inventory Change
There were 1,749 1-bedroom condos listed in Downtown Toronto over the last 30 days (May 26 - June 24), which is down 7.1% compared with the previous 30 day period (April 26 - May 25) and up 18.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,804) (1.8%) below asking price over the last 30 days (May 26 - June 24), which represents a $3,525 decrease compared to the previous 30 day period (April 26 - May 25) and ($2,868) 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 (May 26 - June 24) stood at 32.1%, down from 32.6% over the previous 30 days (April 26 - May 25) and down from 54.7% 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 23 days when successfully sold over the last 30 days (May 26 - June 24), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Solutions
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