78 Tecumseth St 1112

FOR SALE
$595,000
78 Tecumseth St 1112, Downtown Toronto
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
78 Tecumseth St 1112
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C11911637
MLSID
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Property Description
INCOME PROPERTY | RENTED TO THE MOVIE INDUSTRY FOR $4200/MONTH A RARE OPPORTUNITY!Introducing The MINTO Building on King Street West an incredibly sought-after property in one ofToronto's most vibrant neighbourhoods. This bright and spacious unit boasts floor-to-ceiling windows, sleek laminate flooring, and a modern, updated kitchen. Step outside onto the expansive north-facing balcony and take in the unobstructed views. With an unbeatable location, you'll be just moments away from the city's top restaurants, shops, cafes, and TTC access. Don't miss out on this exceptional investment opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-26 2024-09-30 35 $595,000 - Suspended
Extras
Owned Locker. Balcony 15'7" x 5'0"
Nearby Intersections
Property Features
Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,280 (2024)
Basement
None
Exterior
Brick Front
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Common
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain14.60' x 14.99'
Prim BdrmMain10.01' x 10.70'
BathroomMain4.99' x 10.01'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
78 Tecumseth St 1112 is a 1-bedroom 1-bathroom condo listed for sale at $595,000, which is $28,567 (5.0%) higher than the average sold price of $566,433 in the last 30 days (December 10 - January 8). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,102 (0.5%) compared to the previous 30 day period (November 10 - December 9) and down $23,908 (4.0%) from the same time one year ago.
Inventory Change
There were 612 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 10 - January 8), which is down 47.0% compared with the previous 30 day period (November 10 - December 9) and up 43.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,011) (2.5%) below asking price over the last 30 days (December 10 - January 8), which represents a $2,222 decrease compared to the previous 30 day period (November 10 - December 9) and ($16,186) 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 10 - January 8) stood at 59.3%, up from 47.1% over the previous 30 days (November 10 - December 9) and down from 71.5% 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 40 days when successfully sold over the last 30 days (December 10 - January 8), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Engel & Volkers Toronto City
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