70 Distillery Lane 2708
Waterfront Communities C8, Downtown Toronto, M5A 0E3
FOR SALE
$649,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
ROOMSC11941430
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Property Description
Sparkling city skyline views illuminate this 1 bedroom, 1 bathroom suite on the 27th floor, just off TTC's Cherry street car loop. This unit comes complete with underground parking, a storage locker, and stacked ensuite laundry. With floor-to-ceiling windows and a sunny, west-facing balcony, winter feels bright and comfortable from this perspective. Light finishes & an efficient layout allow for living, dining & relaxing from all angles, among the charming echoes and cobblestone paths of Toronto's Historic Distillery District. Enjoy a friendly community of neighbours and a sunny outdoor pool with views of downtown on the horizon - your urban oasis in the heart of the city. Offers accepted anytime.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-06-12 | 2019-06-18 | 6 | $579,000 | $626,000 | Sold |
Extras
Walk less than 5 minutes to Distillery Street Car Loop on Cherry Street. Foodies will enjoy the less than 20 minute walk to St Lawrence Market. The Historic Distillery District is home to cozy cafes, restaurants, and boutique shops.
Property Features
Arts Centre, Clear View, 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
$2,661 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (LEVEL C UNIT 2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 6.59' x 12.40' | B/I Appliances, B/I Dishwasher, O/Looks Dining |
| Dining | Main | 10.99' x 18.01' | West View, Window Flr to Ceil, Combined W/Living |
| Living | Main | 10.99' x 18.01' | West View, Window Flr to Ceil, W/O To Balcony |
| Br | Main | 8.99' x 9.15' | Mirrored Closet, Semi Ensuite, O/Looks Living |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
70 Distillery Lane 2708 is a 1-bedroom 1-bathroom condo listed for sale at $649,000, which is $85,310 (15.1%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) more 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 (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Core Assets Real Estate
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