86 Gerrard St E 8E
Church-Yonge Corridor, Downtown Toronto, M5B 2J1
FOR SALE
$768,888

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Property Description
Spacious 2 Storey, 2 Bedroom Condo in a Boutique Building in the Heart of Church-Yonge Corridor. A Prime Unit with an Expansive 180 Sq Ft South Facing Terrace. Unobstructed Views of the City Skyline.Great Space to BBQ while Entertaining and Enjoying Summer Cocktails! Large Living and Dining Room with Floor to Ceiling Windows. Sizeable Bedrooms with Large Closets. This Unit also Offers Tons of Storage Space Throughout. Convenient Ensuite Locker Steps from Your Unit. Underground Parking. Steps to Shops, Eaton Centre, Toronto Metropolitan University. Short walk to Yorkville, University ofToronto & Hospital Row. **EXTRAS** Existing Fridge, Stove, Dishwasher, Stacked Washer/Dryer, All Window Coverings, All Electric Light Fixtures.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-17 | 2024-08-17 | 61 | $795,000 | - | Expired |
2024-02-20 | 2024-03-28 | 37 | $795,000 | - | Terminated |
2024-02-20 | 2024-03-28 | 37 | $795,000 | - | Terminated |
2023-10-31 | 2023-12-30 | 61 | $798,800 | - | Expired |
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$3,505 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Window Unit
Parking 1
Owned (A)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.89' x 17.06' | Laminate, W/O To Terrace, Large Window |
Dining | Main | 7.55' x 7.55' | Laminate, W/O To Terrace, Large Window |
Kitchen | Main | 7.09' x 9.35' | Granite Floor, Galley Kitchen |
Prim Bdrm | 2nd | 8.66' x 15.75' | Broadloom, Large Closet, Large Window |
2nd Br | 2nd | 8.66' x 13.78' | Broadloom, Large Closet, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
86 Gerrard St E 8E is a 2-bedroom 1-bathroom condo listed for sale at $768,888, which is $12,287 (1.6%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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