8 Telegram Mews 827
Waterfront Communities C1, Downtown Toronto, M5V 3Z5
FOR SALE
$1,349,000
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Property Description
Step into this stunning 2-storey, 3-bedroom designer suite at Luna at CityPlace, where urban sophistication meets family living. Situated across from Canoe Landing Community Recreation Centre and Park, and mere steps to schools, The Well, transit, and countless amenities, this home is the perfect balance of style and convenience. With approximately 1,438 Sq. Ft. of living space plus a 132 Sq. Ft. terrace equipped with a BBQ gas hookup, this rare layout offers exceptional design and functionality. Completely renovated with no expense spared, the suite features custom cabinetry, imported materials, hardwood floors, and designer finishes throughout. The open-concept kitchen showcases sleek custom cabinetry, quartz countertops, a matching backsplash, and premium appliances, making it a dream for culinary enthusiasts. A dramatic 2-storey living and dining area boasts soaring 18 ceilings, floor-to-ceiling windows, and direct access to the private terrace, perfect for entertaining or relaxing. The primary bedroom is a serene retreat with wall-to-wall built-in closets, a spa-inspired 6-piece ensuite, and beautiful south-facing lake views. The second bedroom offers ample storage, while the versatile third bedroom/den, complete with a built-in desk and Murphy bed, overlooks the living area, making it ideal as a home office or guest space. A large mudroom/laundry room with custom built-in bench and hooks adds thoughtful functionality, making this home perfect for families. Experience luxury living in the heart of the city with this exceptional property that perfectly combines modern elegance, family-friendly design, and unparalleled convenience.
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Extras
Building amenities: 24-hour concierge, gym, sauna, party room, guest suites, outdoor cabanas, pool, and more. Includes one parking space. Jean Lumb Public School and Bishop Macdonell Catholic School situated directly across the street.
Nearby Intersections
Property Features
Lake/Pond, Library, Park, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1400-1599
Taxes
$5,479 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (Level A, #27)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 5.09' x 6.27' | Hardwood Floor, W/I Closet |
| Mudroom | Main | 6.27' x 7.25' | Combined W/Laundry, Porcelain Floor, B/I Shelves |
| Bathroom | Main | 4.92' x 9.32' | 4 Pc Bath, Renovated, Separate Shower |
| Kitchen | Main | 9.32' x 12.60' | Renovated, Open Concept, Quartz Counter |
| Living | Main | 12.93' x 16.24' | Cathedral Ceiling, Panelled, Hardwood Floor |
| Dining | Main | 16.24' x 12.93' | Combined W/Living, Large Window, W/O To Terrace |
| 2nd Br | Main | 9.25' x 9.51' | Sliding Doors, Closet Organizers, Hardwood Floor |
| Prim Bdrm | 2nd | 12.66' x 14.17' | Hardwood Floor, W/W Closet, South View |
| Bathroom | 2nd | 5.68' x 16.01' | 6 Pc Ensuite, Renovated, Soaker |
| 3rd Br | 2nd | 9.25' x 12.01' | Hardwood Floor, Murphy Bed, B/I Desk |
| Bathroom | 2nd | 4.92' x 8.01' | 4 Pc Bath, Renovated, Separate Shower |
| Other | 2nd | 4.82' x 26.67' | Balcony, North View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Telegram Mews 827 is a 3-bedroom 3-bathroom condo listed for sale at $1,349,000, which is $470,156 (53.5%) higher than the average sold price of $878,844 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $3,928 (0.4%) compared to the previous 30 day period (November 19 - December 18) and down $48,028 (5.2%) from the same time one year ago.Inventory Change
There were 147 3-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 6.5% compared with the previous 30 day period (November 19 - December 18) and up 38.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($34,368) (3.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $7,202 decrease compared to the previous 30 day period (November 19 - December 18) and ($37,120) 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 19 - January 17) stood at 40.8%, up from 39.1% over the previous 30 days (November 19 - December 18) and down from 49.1% 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 44 days when successfully sold over the last 30 days (December 19 - January 17), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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