1048 Broadview Ave 505
Broadview North, Toronto, M4K 2B8
FOR SALE
$649,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSE10420592
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Property Description
Welcome to 1048 Broadview Ave! This ideally located property is just a short walk to the Danforth, subway, and the DVP, perfect for those who enjoy great dining and a lively nightlife. This spacious 1+1 bedroom unit offers 597 sq ft of open-concept living, complete with a bright kitchen, dining, and living area, a cozy covered balcony, and in-suite laundry. Included are a locker and a parking space, providing both convenience and storage. The layout is designed for easy living and entertaining, with plenty of natural light throughout. Residents enjoy top-notch amenities, including a gym, concierge service, party room, elevator, meeting room, games room, sauna, and security guard.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,618 (2024)
Basement
None
Exterior
Alum Siding
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (P5)
Garage Type
Underground
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Toronto Market Statistics
Toronto Price Trend
1048 Broadview Ave 505 is a 1-bedroom 1-bathroom condo listed for sale at $649,000, which is $79,764 (14.0%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 Toronto over the last 30 days (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 Toronto stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with The Weir Team, Brokerage Inc.
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