71 Front St E 413
Waterfront Communities C8, Downtown Toronto, M5E 1T9
FOR SALE
$588,000
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BEDROOMS1
BATHROOMS0
KITCHENS4 + 1
ROOMSC9265982
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Property Description
Welcome to the Market Galleria Lofts featuring a unique 1+1 unit. This unit overlooks the atrium and filled with light through the day. With ample room over 700 sq ft of living space which also includes a den. High ceilings, hardwood floors, with floor to ceiling windows. Features include a rooftop garden sundeck with BBQ, a gym facility and a sauna. Guest Suite and Guest parking available. Common open concept area as part of the atrium. Close to all amenities, art galleries, stylish cafes, Metro Grocery across the street. Steps to St Lawrence Market, Cinemas at Market Square, the infamous Hothouse Brunch Buffet, The Old Spaghetti Factory and other restaurants on The Esplanade. Minutes to the Hockey Hall of Fame & Meridian Hall Performing Arts Centre. Easy walk to Rogers Centre, the CN Tower and the Metro Toronto Convention Centre.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-12 | 2024-08-22 | 71 | $595,000 | - | Terminated |
Extras
Steps from parks and transit. Easy access to the Gardiner Expressway. Short jaunt to the Distillery District and all it has to offer. Photos on listing are taken when property was staged.
Nearby Intersections
Bay & Harbour (193)
York & Bremner (186)
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,217 (2024)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (B-28)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 14.30' x 19.16' | Hardwood Floor, O/Looks Garden, Window Flr to Ceil |
| Dining | Flat | 14.30' x 19.16' | Open Concept, Track Lights, Hardwood Floor |
| Kitchen | Flat | 7.84' x 9.28' | Stainless Steel Appl, Ceramic Floor |
| Br | Flat | 9.81' x 19.78' | O/Looks Garden, Window Flr to Ceil, Hardwood Floor |
| Den | Flat | 4.79' x 5.97' | Hardwood Floor, Track Lights, B/I Shelves |
| Bathroom | Flat | 6.59' x 7.45' | 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
71 Front St E 413 is a 1-bedroom 1-bathroom condo listed for sale at $588,000, which is $21,923 (3.9%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% 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 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Portfolio Realty
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