88 Charles St E 708
Church-Yonge Corridor, Downtown Toronto, M4Y 2W7
FOR SALE
$399,900
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Property Description
Checking all the boxes on Charles! Location, check! Penthouse, check! Layout, check! All utilities included in maintenance, check! Welcome home to the historic Waldorf Astoria Lofts. A spacious, junior one bedroom, penthouse suite. The unit offers a large living space, a dedicated bedroom area with room for a king-sized bed, a spacious kitchen with full sized appliances & ample storage, a breakfast bar, a 4 piece bathroom, and one locker! Need we say more? Enjoy the best of downtown living while still feeling at home on a quiet, tree-lined street. Located just steps from Bloor & Yonge, Yorkville, U of T & TMU (formerly Ryerson), subway access, top restaurants, and cafes, this home offers unparalleled convenience. Don't miss out on an ideal opportunity to get into the market or to add to your portfolio, this penthouse is rare, in one of Toronto's most sought-after neighborhoods!
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Nearby Intersections
Yonge & Bloor (350)
Bloor & Sherbourne (55)
Bloor & Church (25)
Bloor & Jarvis (86)
Bay & Bloor (362)
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,724 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Wall Unit
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 14.93' x 16.90' | Open Concept, Large Window, Laminate |
| Dining | Flat | 14.93' x 16.90' | Open Concept, Laminate |
| Kitchen | Flat | 7.55' x 7.45' | B/I Appliances, Breakfast Bar, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
88 Charles St E 708 is a 0-bedroom 1-bathroom condo listed for sale at $399,900, which is $21,664 (5.7%) higher than the average sold price of $378,236 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $22,091 (5.5%) compared to the previous 30 day period (November 19 - December 18) and down $54,974 (12.7%) from the same time one year ago.Inventory Change
There were 56 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 12.0% compared with the previous 30 day period (November 19 - December 18) and up 69.7% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($10,643) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,505 increase compared to the previous 30 day period (November 19 - December 18) and ($16,026) 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 26.8%, down from 44.0% over the previous 30 days (November 19 - December 18) and down from 57.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Plus City Team Inc.
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