1048 Broadview Ave 505

FOR SALE
$624,000
1048 Broadview Ave 505, Toronto
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
1048 Broadview Ave 505
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E11962367
MLSID
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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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2025-01-07 2025-02-07 31 $639,000 - Terminated
2024-11-12 2025-01-07 56 $649,000 - Terminated
Property Details
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
Toronto Market Statistics
Toronto Price Trend
1048 Broadview Ave 505 is a 1-bedroom 1-bathroom condo listed for sale at $624,000, which is $66,890 (12.0%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Weir Team, Brokerage Inc.
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