637 Lake Shore Blvd W 101
Niagara, Downtown Toronto, M5V 3J6
FOR SALE
$1,389,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Welcome to the iconic Tip Top Lofts, a beloved art deco Toronto landmark. This rarely available and highly desired two bedroom, two bath and loft layout awaits! Functional design allows for large rooms, perfect for entertaining and comfortable living. Soaring ceilings create a standing room loft space above both bathrooms that can be used for additional living quarters. Southwest exposure bestows bright natural light throughout, and tranquility permeates each room due to lake and park views. Elevated windows and mature trees provide privacy on this ground floor unit. One owned parking spot wired for EV charging, plus one spacious locker. Incredible building amenities include 24 hour concierge, gym, party and meeting rooms as well as a resort-like rooftop patio with BBQs, fire pit tables, and various seating areas. Step outside the front door for direct access to the lake, parks (including dog park), Martin Goodman Trail, TTC and harbourfront.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-28 | 2024-02-05 | 39 | $1,475,000 | - | Terminated |
| 2019-09-04 | 2019-09-23 | 19 | $999,000 | $973,000 | Sold |
| 2019-07-18 | 2019-08-01 | 14 | $1,099,000 | - | Terminated |
| 2019-06-05 | 2019-07-17 | 42 | $1,150,000 | - | Terminated |
Extras
The building's grand entrance with fountain welcomes you into this iconic masterpiece. Located on the lake with immediate access to the Martin Goodman Trail, parks, marinas and steps to harbourfront, shopping, grocery and public transit.
Nearby Intersections
Bathurst & Lakeshore (257)
Property Features
Electric Car Charger, Lake/Pond, Marina, Park, Public Transit, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,924 (2023)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 12.80' x 22.18' | Combined W/Dining, Large Window, O/Looks Park |
| Dining | Flat | 12.80' x 22.18' | Combined W/Living, West View, Large Window |
| Kitchen | Flat | 8.53' x 16.90' | Open Concept, Stainless Steel Appl, Granite Counter |
| Prim Bdrm | Flat | 11.09' x 15.09' | Sw View, W/I Closet, 4 Pc Ensuite |
| 2nd Br | Flat | 11.19' x 11.58' | South View, Large Window, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
637 Lake Shore Blvd W 101 is a 2-bedroom 2-bathroom condo listed for sale at $1,389,000, which is $583,931 (72.5%) higher than the average sold price of $805,069 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,602 (2.2%) compared to the previous 30 day period (February 27 - March 27) and down $6,893 (0.8%) from the same time one year ago.Inventory Change
There were 1,547 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 25.6% compared with the previous 30 day period (February 27 - March 27) and up 40.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,806) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,639 increase compared to the previous 30 day period (February 27 - March 27) and ($6,331) 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 (March 28 - April 26) stood at 45.4%, down from 48.1% over the previous 30 days (February 27 - March 27) and down from 66.3% 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 (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Bayview Realty Inc.
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