78 Tecumseth St 1112
Niagara, Downtown Toronto, M5V 0A9
FOR SALE
$620,000
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Property Description
***Rare Offering*** Discover The Minto Building on King Street West - A Highly sought-after residence with The Prestigious Gold Level LEED Certification. This bright and airy unit features a spacious layout with floor-to-ceiling windows, sleek laminate flooring and a modern, updated kitchen. Relax on the expansive north-facing balcony with an unobstructed view. Enjoy the convenience of being just steps away from Toronto's best restaurants, shops, cafes and TTC.
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Extras
Concierge, Party Room, Outdoor Dog Area, Gym & Yoga Room +++
Nearby Intersections
King & Bathurst (391)
Bathurst & Lakeshore (291)
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Property Details
Street
Community
City
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
500-599
Taxes
$2,280 (2023)
Basement
None
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 14.50' x 14.90' | Combined W/Living |
| Br | Main | 8.99' x 10.50' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
78 Tecumseth St 1112 is a 1-bedroom 1-bathroom condo listed for sale at $620,000, which is $54,016 (9.5%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Engel & Volkers Toronto Central
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