8 Telegram Mews 819
Waterfront Communities C1, Downtown Toronto, M5V 3Z5
FOR SALE
$1,599,900
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Property Description
This stunning 1820Sf 2-storey luxury penthouse boasts an exceptional value, offering one of the best deals per square footage in the area! Featuring a 132Sf balcony, 3 spacious bedrooms plus a dedicated space that can be used as a 4th bedroom or a den/office with a large closet and french doors, complemented by 3 full bathrooms. The heart of the home showcases an open-concept layout, accentuated by soaring ceilings ranging from 9 to 20 feet and a unique skylight that floods the space with natural light. Elegant upgrades throughout include beautiful hardwood and marble floors, a gourmet kitchen with granite countertops, and high-end appliances that cater to culinary enthusiasts. The large closets come equipped with custom organizers, ensuring ample storage while maintaining a sleek aesthetic. This penthouse also includes a tandem 2-car parking space for your convenience. Situated just steps away from The Well, daycare, (schools and grocery stores 1 minute away) and a community centre, with the Rogers Centre, CN Tower, and an array of restaurants within walking distance, vibrant city living is at your doorstep. Feng Shui Certified by master Paul NG.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-25 | 2025-01-09 | 76 | $1,650,000 | - | Terminated |
2024-07-05 | 2024-07-24 | 19 | $1,750,000 | - | Terminated |
2024-05-14 | 2024-07-22 | 69 | $6,750 | - | Suspended |
2024-04-30 | 2024-06-30 | 61 | $1,750,000 | - | Expired |
2024-03-07 | 2024-05-09 | 63 | $1,680,000 | - | Terminated |
Extras
20 km of lakefront parks only 5 minutes away, and the convenience of having the Streetcar at your doorstep. Also features a rooftop infinity pool with gorgeous lake and city views.
Nearby Intersections
Property Features
Park, School
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1800-1999
Taxes
$5,963 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (Level B, # 167)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Dining | Main | 9.19' x 11.15' | Hardwood Floor, Skylight, O/Looks Family |
Family | Main | 14.99' x 14.99' | Hardwood Floor, Window Flr to Ceil, W/O To Balcony |
Kitchen | Main | 15.09' x 7.61' | Centre Island, Granite Counter, O/Looks Family |
Den | Main | 10.01' x 10.01' | Hardwood Floor, French Doors, Closet Organizers |
Prim Bdrm | 2nd | 12.47' x 12.47' | Hardwood Floor, Ensuite Bath, Closet Organizers |
2nd Br | 2nd | 11.75' x 12.47' | Hardwood Floor, Large Window, Closet Organizers |
3rd Br | 2nd | 7.91' x 8.69' | Hardwood Floor, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Telegram Mews 819 is a 3-bedroom 3-bathroom condo listed for sale at $1,599,900, which is $788,758 (97.2%) higher than the average sold price of $811,142 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $63,103 (7.2%) compared to the previous 30 day period (November 18 - December 17) and down $145,992 (15.3%) from the same time one year ago.Inventory Change
There were 133 3-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 3.6% compared with the previous 30 day period (November 18 - December 17) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($27,806) (3.4%) below asking price over the last 30 days (December 18 - January 16), which represents a $2,644 decrease compared to the previous 30 day period (November 18 - December 17) and ($35,059) 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 3-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 45.9%, up from 41.3% over the previous 30 days (November 18 - December 17) and down from 56.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom condo in Downtown Toronto stood at 43 days when successfully sold over the last 30 days (December 18 - January 16), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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