77 Lombard St N 506
Church-Yonge Corridor, Downtown Toronto, M5C 3E1
FOR SALE
$589,000
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BEDROOMS2
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Property Description
This special sun-filled one bedroom plus den loft in the historic St. Lawrence market area of Toronto is located 77 Lombard Street! Features floor to ceiling windows spanning two storeys allowing natural light to filter into each room and brighten this dream space. The main level features an open concept design with a bright and airy kitchen, living room, laundry and three-piece bath. Making your way upstairs you will find a den and loft bedroom area featuring open closet with four-piece ensuite bathroom overlooking the living room for those quintessential loft vibes. Recent upgrades include new carpet and paint. Step outside onto your open terrace to take in the fresh air and scenic downtown views. As for location this property is close to numerous amenities - groceries, parks, TTC, St. Lawrence Market, The Esplanade, shops, cafes, financial district. This is Toronto lifestyle at its best.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-29 | 2024-09-09 | 42 | $599,000 | - | Suspended |
| 2024-05-15 | 2024-07-29 | 75 | $599,999 | - | Suspended |
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Loft
Approximate Sq.Ft.
800-899
Taxes
$2,778 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
77 Lombard St N 506 is a 1-bedroom 2-bathroom condo listed for sale at $589,000, which is $22,923 (4.0%) 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 2-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 Revel Realty Inc.
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