8 Widmer St 701
Waterfront Communities C1, Downtown Toronto, M5V 2E7
FOR SALE
$550,000
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Property Description
NEW LUXURY KING W ST 1+Den Condo, Assignment Sale. Perfectly positioned in the heart of the city Toronto's buzzing Theatre District. South facing with a gorgeous view of the CN tower. Walking distance to the subway and everything King West and downtown Toronto has to offer. Bus and streetcar routes are all steps away, while both Osgoode and St. Andrew subway stations are just a few minutes walk. Shopping & Dinning - Just Moments Away. A GREAT INVESTMENT OPPORTUNITY!
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Nearby Intersections
King & Spadina (312)
Front & John (220)
Adelaide & John (114)
Peter & Adelaide (144)
Richmond & Peter (109)
King & Peter (177)
King & John (325)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Widmer St 701 is a 1-bedroom 1-bathroom condo listed for sale at $550,000, which is $51,971 (8.6%) lower than the average sold price of $601,971 in the last 30 days (May 26 - June 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,539 (1.3%) compared to the previous 30 day period (April 26 - May 25) and down $32,279 (5.1%) from the same time one year ago.Inventory Change
There were 1,749 1-bedroom condos listed in Downtown Toronto over the last 30 days (May 26 - June 24), which is down 7.1% compared with the previous 30 day period (April 26 - May 25) and up 18.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,804) (1.8%) below asking price over the last 30 days (May 26 - June 24), which represents a $3,525 decrease compared to the previous 30 day period (April 26 - May 25) and ($2,868) 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 (May 26 - June 24) stood at 32.1%, down from 32.6% over the previous 30 days (April 26 - May 25) and down from 54.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (May 26 - June 24), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Condowong Real Estate Inc.
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