980 Yonge St 616
Annex, Downtown Toronto, M4W 2J5
FOR SALE
$799,000
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Property Description
Space, Sunlight, and Timeless Charm at The Ramsden! Nestled between the prestigious Rosedale Valley and vibrant Yorkville, with the Annex just to the west, this oversized 1-bedroom suite offers over 950 sq. ft. of bright, open living space, plus a generous balcony featuring serene, unobstructed west-facing views. The perfect blend of old-world elegance and modern comfort, this suite is ideal for both entertaining and quiet relaxation. Inside, you'll find a massive bedroom with a spacious walk-in closet and an abundance of storage throughout. The unit comes with premium parking and convenient locker access. The Ramsden is a professionally managed luxury condo with 24-hour concierge service for added convenience and security. Just steps from Ramsden Park, top-tier restaurants, and the beauty of Rosedale Valley, you're also a short walk to the Rosedale Subway and the endless amenities along Yonge, Bloor, and Yorkville. All this, just minutes from Toronto's downtown core! A premier address in a location that simply cant be beat!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-04-22 | 2021-05-14 | 22 | $2,500 | $2,400 | Leased |
Nearby Intersections
Yonge & Bloor (468)
Yonge & Davenport (120)
Yonge & St Clair (252)
Bloor & Avenue (371)
Bay & Bloor (485)
Property Features
Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,820 (2024)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 4.49' x 8.01' | Ceramic Floor, Double Closet |
| Living | Flat | 13.58' x 24.61' | Hardwood Floor, West View, W/O To Balcony |
| Dining | Flat | 13.58' x 24.61' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Flat | 9.09' x 10.43' | Ceramic Floor, Breakfast Bar, Granite Counter |
| Prim Bdrm | Flat | 11.91' x 15.26' | Broadloom, W/I Closet, W/O To Balcony |
| Other | Flat | 6.00' x 10.01' | West View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
980 Yonge St 616 is a 1-bedroom 1-bathroom condo listed for sale at $799,000, which is $232,923 (41.1%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% 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 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Urban Empire Realty Corporation
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