138 Downes St 2511
Waterfront Communities C8, Downtown Toronto, M5E 0E4
FOR SALE
$1,099,999
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Property Description
The Iconic Sugar Wharf Condominiums By Menkes. Brand New 3Bedrooms Unit At Sugar Wharf Developed By Menkes. Master BR w/Ensuite Bath, W/I Closet. Wrapped Balcony. Spacious South West Exposure. Beautiful Lake & City View. Floor To Ceiling Windows. Laminate Throughout Entire Unit. Model Design Kitchen W/Luxury Brand Appliances. Excellent Location And Convenient. Walk Distance To George Brown, Park, Harbour Front, St Lawrence Market, Union Station, Cn Tower, Financial Area & Mins Access Gardiner/Qew. Steps Away From Sugar Beach, Employment, Shops & Restaurants. Direct Access To To Future Path & School. New building, no accurate property tax is available yet. The number is an estimate. **EXTRAS** B/I Fridge, Stove, Dishwasher, Microwave, Washer & Dryer And Window Blinds. Building Amenities Include Gym, Party Room, 24 Hour Security Guard & Concierge, Bbq Area, Lounge & More.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-06 | 2024-12-10 | 95 | $1,099,999 | - | Terminated |
| 2023-11-02 | 2024-01-23 | 82 | $4,300 | - | Terminated |
| 2023-12-22 | 2024-01-19 | 28 | $1,300,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes St 2511 is a 3-bedroom 2-bathroom condo listed for sale at $1,099,999, which is $102,534 (8.5%) lower than the average sold price of $1,202,533 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $358,140 (42.4%) compared to the previous 30 day period (December 22 - January 20) and up $309,595 (34.7%) from the same time one year ago.Inventory Change
There were 216 3-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 47.9% compared with the previous 30 day period (December 22 - January 20) and up 9.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($28,974) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $467 increase compared to the previous 30 day period (December 22 - January 20) and ($24,701) 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 3-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 23.1%, down from 34.2% over the previous 30 days (December 22 - January 20) and down from 35.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-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 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Prestigium Real Estate Ltd.
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