138 Downes St 1802
Waterfront Communities C8, Downtown Toronto, M5K 0E4
FOR SALE
$678,000
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Property Description
** Highly Demanding Sugar Wharf 1+Den Unit in The Coveted Sugar Beach Area ** Lucky 7 Good Reasons to Buy #1 Very Functional & Practical Lay-out, #2, Bigger Size of Den Comparing Other Units and Can be Used as 2nd Bedroom, #3 Unobstructed North View & Panoramic Downtown Sky View, #4 TWO(2) Full Bath, #5 700 sq. ft. + 110 sq. ft. Balcony, #6 Recent Sugar Beach and George Brown College Expansion News, #7 Grocery Shopping in Downtown Loblaws & Farm Boy Right There ** Amazing State of the Art Amenities **
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2025-01-06 | 2025-02-10 | 35 | $728,000 | - | Terminated |
| 2024-09-10 | 2024-12-31 | 112 | $788,000 | - | Expired |
| 2024-07-04 | 2024-09-10 | 68 | $839,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 8.99' x 10.93' | Laminate, W/O To Balcony, Open Concept |
| Dining | Flat | 9.91' x 11.25' | Laminate, Combined W/Kitchen, Open Concept |
| Kitchen | Flat | 9.91' x 11.25' | Laminate, Combined W/Dining, Open Concept |
| Prim Bdrm | Flat | 8.99' x 9.42' | Laminate, 4 Pc Ensuite, North View |
| Den | Flat | 9.25' x 8.01' | Laminate, 3 Pc Bath, Enclosed |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes St 1802 is a 1-bedroom 2-bathroom condo listed for sale at $678,000, which is $120,890 (21.7%) 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 Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown 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 Downtown 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 2-bathroom condo in Downtown 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 New Concept Plus Realty Inc.
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