85 Wood St 3516
Church-Yonge Corridor, Downtown Toronto, M4Y 0E8
FOR SALE
$969,000
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Property Description
Beautiful Corner Unit @ Axis Condos in the heart of Downtown Toronto! 775 Sf With A Large Open Balcony (132 Sf). Split-bedroom layout with 2 bedrooms, 2 bathrooms, and a study area. Bright South-East Facing unit with floor to ceiling windows and a beautiful, unobstructed view of the city. Modern Kitchen with built in and Stainless Steel Appliances. Clear View Of Downtown. Prime location - Steps to Subway, Hospital, UofT, Ryerson, George Brown College, OCAD, Eaton Center, Financial District, and tons of restaurants, shops, and the famous heritage Loblaws at Maple Leaf Gardens. Five star amenities at Axis condos including a state of the art gym, 24 hr concierge, Guest Suites, and Rooftop terrace w BBQs.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-31 | 2023-06-08 | 8 | $3,400 | $3,400 | Leased |
| 2021-11-20 | 2021-12-06 | 16 | $3,200 | $3,200 | Leased |
| 2020-10-16 | 2020-11-01 | 16 | $2,350 | $2,300 | Leased |
| 2019-08-01 | 2019-09-24 | 54 | $959,999 | $922,000 | Sold |
Extras
Fridge, Stove, Dishwasher, Washer/Dryer, Microwave, All Elfs & Window Coverings; One Parking & One Locker
Nearby Intersections
Property Features
Arts Centre, Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,091 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P1)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
85 Wood St 3516 is a 2-bedroom 2-bathroom condo listed for sale at $969,000, which is $155,436 (19.1%) higher than the average sold price of $813,564 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $27,866 (3.5%) compared to the previous 30 day period (February 29 - March 29) and up $9,354 (1.2%) from the same time one year ago.Inventory Change
There were 1,508 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 30 - April 28), which is up 22.2% compared with the previous 30 day period (February 29 - March 29) and up 34.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($11,330) (1.4%) below asking price over the last 30 days (March 30 - April 28), which represents a $1,236 increase compared to the previous 30 day period (February 29 - March 29) and ($6,935) 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 30 - April 28) stood at 44.3%, down from 48.6% over the previous 30 days (February 29 - March 29) and down from 62.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (March 30 - April 28), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Bay Street Group Inc.
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