8 Telegram Mews 622
Waterfront Communities C1, Downtown Toronto, M5V 3Z5
FOR SALE
$499,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC9512176
MLSIDContact Us
Property Description
Welcome to Luna Condos at City Place! 1+ Bedroom Sized Den! + 2 Full Bathroom + Locker. Condo In Prime Downtown Location. About 700 Sq Feet + Large Balcony. Shops, Community Center, Schools, Banks, Gardiner Express, Lakeshore, TTC At Door, CN Tower, Rogers Centre. The Most Beautiful Facilities!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-25 | 2024-09-26 | 63 | $2,800 | - | Terminated |
| 2024-01-29 | 2024-02-20 | 22 | $2,700 | $2,700 | Leased |
| 2023-11-28 | 2024-01-29 | 62 | $2,900 | - | Terminated |
| 2022-07-18 | 2022-07-24 | 6 | $2,700 | $2,700 | Leased |
| 2021-08-06 | 2021-08-15 | 10 | $2,400 | $2,400 | Leased |
| 2019-10-04 | 2019-10-29 | 25 | $2,550 | $2,550 | Leased |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,568 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
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 |
|---|---|---|---|
| Foyer | Main | 4.00' x 9.48' | Closet, Laminate |
| Den | Main | 7.97' x 8.60' | Separate Rm, Laminate, Sliding Doors |
| Kitchen | Main | 10.10' x 10.01' | Open Concept, Combined W/Dining, Laminate |
| Dining | Main | 10.10' x 10.01' | Laminate, Combined W/Kitchen, W/O To Balcony |
| Living | Main | 7.45' x 10.99' | Laminate, W/O To Balcony |
| Prim Bdrm | Main | 7.87' x 8.69' | Broadloom, 4 Pc Ensuite, Double Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Telegram Mews 622 is a 1-bedroom 2-bathroom condo listed for sale at $499,000, which is $67,904 (12.0%) lower than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Times Realty Group Inc.
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