85 Wood St 721
Church-Yonge Corridor, Downtown Toronto, M4Y 0E8
FOR SALE
$569,000
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BEDROOMS1
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Property Description
Welcome to the prestigious Axis Condo! This modern luxury 1-bedroom & study offers contemporary living. Just a 4-minute walk to Toronto Metropolitan University (formerly Ryerson University) and a 2-minute walk to the TTC College Subway Station. Steps to U of T and Eaton Centre. The unit features a functional layout with quality, luxurious features and finishes, including a gourmet kitchen with integrated appliances, granite counters, and laminate flooring throughout. Located right across from Loblaws and Maple Leaf Gardens. State-of-the-art amenities include a Learning Centre, Party Room, Fitness Centre, Rooftop Garden, Guest Suites, and more! You don't want to miss it!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-29 | 2024-06-11 | 13 | $499,000 | - | Terminated |
| 2024-05-23 | 2024-05-29 | 6 | $539,000 | - | Terminated |
| 2023-08-09 | 2023-08-15 | 6 | $2,500 | $2,600 | Leased |
| 2023-07-27 | 2023-08-08 | 12 | $2,600 | - | Terminated |
| 2022-08-17 | 2022-08-20 | 3 | $2,350 | $2,450 | Leased |
| 2022-08-03 | 2022-08-16 | 13 | $2,500 | - | Terminated |
| 2021-07-21 | 2021-08-02 | 12 | $2,100 | $2,100 | Leased |
| 2020-06-02 | 2020-06-03 | 1 | $1,700 | $1,780 | Leased |
| 2020-05-16 | 2020-06-01 | 16 | $1,900 | - | Terminated |
| 2020-05-13 | 2020-05-15 | 2 | $2,050 | - | Terminated |
| 2019-05-24 | 2019-05-30 | 6 | $2,075 | $2,075 | Leased |
Extras
Stainless Integrated Fridge, Glass Cooktop, Built-In Oven, Built-In Microwave, Built-In Dishwasher, Washer/Dryer
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,172 (2023)
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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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 8.96' x 9.78' | Hardwood Floor, Combined W/Dining, Window |
| Dining | Flat | 8.96' x 9.78' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Flat | 8.40' x 10.43' | Hardwood Floor, Stainless Steel Appl, Combined W/Kitchen |
| Br | Flat | 9.32' x 11.94' | Hardwood Floor, Closet, Large Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
85 Wood St 721 is a 1-bedroom 1-bathroom condo listed for sale at $569,000, which is $32,971 (5.5%) 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 Keller Williams Empowered Realty
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