8 Charlotte St 507

FOR SALE
$895,000
8 Charlotte St 507, Downtown Toronto
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
8 Charlotte St 507
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
2
ROOMS
C11900626
MLSID
Contact Us
Property Description
Conveniently located at King/Spadina in the heart of Toronto's Entertainment & Fashion District. 2 bedroom + 2 bathroom converted into 1+ 1 open space concept that is easily revertible (see floorplan). 9 ft ceilings, located in the low-rise tower which has exclusive access to 4th elevator corner unit with windows along entire north and east walls. Upgraded, black burnt wood-grain texture laminated flooring planks. Award winning contemporary interior design of lobby and piano room by Cecconi Simone. Amenities include: yoga room and fully stocked fitness room ( including free weights, smith machine, cable cross over machine, deadlift bar, treadmills , stair masters, rowing machines, upper body and leg machines etc) outdoor swimming pool and patio with BBQs, pool lounge and sauna, piano room and media meeting room, concierge service and security. 42 sq ft patio, parking spot and locker.
Extras
Fridge, Stove, Dishwasher, Microwave, Washer/Dryer*For Additional Property Details Click The Brochure Icon Below*
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,884 (2024)
Basement
None
Exterior
Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
DenMain8.01' x 9.68'
BrMain8.76' x 11.15'
DiningMain19.32' x 10.66'
KitchenMain10.83' x 11.48'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Charlotte St 507 is a 1-bedroom 2-bathroom condo listed for sale at $895,000, which is $328,219 (57.9%) higher than the average sold price of $566,781 in the last 30 days (December 8 - January 6). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $521 (0.1%) compared to the previous 30 day period (November 8 - December 7) and down $22,907 (3.9%) from the same time one year ago.
Inventory Change
There were 490 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 8 - January 6), which is down 56.7% compared with the previous 30 day period (November 8 - December 7) and up 10.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,123) (2.3%) below asking price over the last 30 days (December 8 - January 6), which represents a $952 decrease compared to the previous 30 day period (November 8 - December 7) and ($15,966) 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 8 - January 6) stood at 68.6%, up from 48.9% over the previous 30 days (November 8 - December 7) and down from 70.9% 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 38 days when successfully sold over the last 30 days (December 8 - January 6), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ici Source Real Asset Services Inc.
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