89 McGill St 803
Church-Yonge Corridor, Downtown Toronto, M5B 1H5
FOR SALE
$488,900
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Property Description
Tridel "Alter"-a distinctly designed building perfectly located at all that you do in downtown! This spacious one bedroom unit features large windows span the living room and the bedroom, allowing natural light to flood the space! Living Room walk out to balcony! Built-in appliances in kitchen! Residents can enjoy impeccable amenities including a gym & yoga studio, rooftop pool & garden, BBQ area - perfect for relaxing or entertaining. Whether you're a student, professional, or anyone looking to enjoy the best of urban living, this condo offers unparalleled access to everything Toronto has to offer. Close proximity to colleges, universities and subway. Minutes from major hospitals and employment hubs, just steps from Loblaws supermarket and a vibrant selection of restaurants, everything you need is right at your doorstep. Enjoy peace of mind with excellent property management and 24/7 concierge! Don't miss out! See what makes this condo an exceptional choice for downtown living!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-10-29 | 2021-11-03 | 5 | $1,800 | $1,800 | Leased |
2021-10-02 | 2021-10-29 | 27 | $2,000 | - | Terminated |
2018-11-20 | 2018-11-29 | 9 | $2,000 | $2,000 | Leased |
Extras
Built-in Appliances: Fridge, Cook Top, Oven, Dishwasher; Microwave with Hood Fan, Washer, Dryer, All Existing Light Fixtures and All Window Coverings
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,896 (2024)
Basement
None
Exterior
Concrete, Metal/Side
Heat Type
Fan Coil
Heat Source
Other
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 10.01' x 19.59' | Combined W/Dining, Laminate, W/O To Balcony |
Br | Flat | 8.66' x 10.99' | Laminate, Large Window, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
89 McGill St 803 is a 1-bedroom 1-bathroom condo listed for sale at $488,900, which is $80,227 (14.1%) lower than the average sold price of $569,127 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,248 (0.2%) compared to the previous 30 day period (October 4 - November 2) and down $19,913 (3.4%) from the same time one year ago.Inventory Change
There were 1,076 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 3 - December 2), which is down 14.5% compared with the previous 30 day period (October 4 - November 2) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,738) (1.9%) below asking price over the last 30 days (November 3 - December 2), which represents a $2,018 increase compared to the previous 30 day period (October 4 - November 2) and ($15,559) 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 1-bedroom condos in Downtown Toronto over the last 30 days (November 3 - December 2) stood at 54.0%, up from 46.0% over the previous 30 days (October 4 - November 2) and up from 35.6% 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 30 days when successfully sold over the last 30 days (November 3 - December 2), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Living Realty Inc.
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