8 Telegram Mews 637

FOR SALE
$698,000
8 Telegram Mews 637, Downtown Toronto
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
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8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
8 Telegram Mews 637
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8 Telegram Mews 637
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C9269529
MLSID
Contact Us
Property Description
In the heart of the city. Welcome to Luna Condos at City Place. Walk to the Well, Stackt Marker, Canoe Landing Park, Rogers Centre. Steps to shops, groceries, rests, bank, easy access to Gardiner HWY, streetcar, library, +schools. Rarely offered 2 full WR with 1 BR + Den. Den is large with frosted sliding door, easily used as 2nd BR. Unit was professionally decorated with oversized s/s kitchen island, built-in shelves + decor lighting throughout. Walk out to spacious balcony, not too high, with a quiet view of courtyard. Facilities include: gym, yoga studio, theatre rm, 3rd floor courtyard, lounge, party rm, billiards, kids zone, 10th floor outdoor pool + jacuzzi, visitor parking.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-13 2022-07-13 91 $2,650 $2,650 Leased
2021-04-29 2021-07-16 78 $2,350 $2,350 Leased
Extras
See attached floor plan
Nearby Intersections
Property Details
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,618 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
FoyerMain4.00' x 9.48'Closet, Laminate
DenMain8.76' x 11.25'Track Lights, B/I Shelves, Sliding Doors
BathroomMain5.02' x 8.10'3 Pc Ensuite, Ceramic Floor
KitchenMain12.63' x 14.96'Modern Kitchen, Combined W/Dining, Laminate
DiningMain12.63' x 14.96'Laminate, Centre Island, Open Concept
FamilyMain9.38' x 11.71'Laminate, Window, W/O To Balcony
Prim BdrmMain8.89' x 16.11'B/I Shelves, Double Closet, 4 Pc Ensuite
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Telegram Mews 637 is a 1-bedroom 2-bathroom condo listed for sale at $698,000, which is $132,016 (23.3%) 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 2-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 Vanguard Realty Brokerage Corp.
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