8 Sultan St 301
Bay Street Corridor, Downtown Toronto, M5S 1L7
FOR SALE
$1,789,900
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2
BEDROOMS2
BATHROOMS1
KITCHENS5 + 2
ROOMSC11922579
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Property Description
Be the Sultan of cool. Be the Sultan of calm. Be the Sultan of your very own quiet oasis right in the heart of Yorkville.Tucked away behind the hustle and bustle of the "mink mile" and just across the street from The Windsor Arms Hotel, The Residences of No. 8 Sultan is a boutique building with exclusivity and privacy. You'll hardly notice that you're literally steps away from some of the best shopping in Canada, restaurants, arts, culture, nightlife & more. With its sunny southern exposure and low traffic mews-style street, you can sip your morning coffee on the terrace in peace & quiet. This unit is bright and light with California shutters through-out to let you control how much vitamin D you take in & during those cooler months a gas fireplace will fire right up to take the chill off. The primary suite is enormous with loads of built-in storage & the second bedroom comes fully kitted out with built-in Murphy bed, shelving & desks. With parking, locker, gym and an attentive concierge, you'll be treated like royalty. **EXTRAS** Gas Fired Heat Pump & Equip, Central A/C & Equip, All ELFs & Window Coverings, Bosch Fridge, Bosch Induction Range, Bosch Dishwasher, OTR Bosch Micro, LG Washer/Dryer, B/I Murphy Bed & Cabinets, B/I Speakers, Gas Fireplace, All Keys & Fobs.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-10 | 2024-12-06 | 87 | $1,789,900 | - | Terminated |
| 2024-06-25 | 2024-07-30 | 35 | $1,789,900 | - | Terminated |
| 2020-02-18 | 2020-02-22 | 4 | $1,598,000 | $1,598,000 | Sold |
Nearby Intersections
Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$8,047 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (Level B, Unit#1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 20.01' x 11.32' | Plank Floor, Open Concept, Gas Fireplace |
| Dining | Main | 12.99' x 9.09' | Plank Floor, Open Concept, W/O To Balcony |
| Kitchen | Main | 11.15' x 10.01' | Plank Floor, Quartz Counter, Stainless Steel Appl |
| Prim Bdrm | Main | 16.01' x 12.66' | Plank Floor, 5 Pc Ensuite, B/I Closet |
| 2nd Br | Main | 12.01' x 9.58' | Plank Floor, B/I Desk, Murphy Bed |
| Foyer | Main | 8.17' x 8.43' | Marble Floor, Double Closet, Coffered Ceiling |
| Other | Main | 7.09' x 8.17' | Marble Floor, South View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Sultan St 301 is a 2-bedroom 2-bathroom condo listed for sale at $1,789,900, which is $1,033,299 (136.6%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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