138 Downes St S 3510
Waterfront Communities C8, Downtown Toronto, M5E 0E4
FOR SALE
$499,000
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BEDROOMS1
BATHROOMS1
KITCHENS3
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Property Description
Discover the perfect blend of style and comfort in this brand-new 402 sq. ft. suite, perched on the 35th floor in one of the most desirable locations in downtown Toronto. This cozy condo boasts a breathtaking, unobstructed south-facing lake view, offering tranquility and privacy. Enjoy a modern, thoughtfully designed living space with sleek finishes and an abundance of natural light. Whether you're starting your day with the sunrise or winding down with the glittering city lights, this suite promises a view that never disappoints. Located in the heart of Toronto, you'll have convenient access to top-tier dining, shopping, entertainment, and public transit, all AAA amenities just steps away. Don't miss this incredible opportunity to own a home at an unbeatable price, offering breathtaking lake views and exceptional amenities. This property is the perfect blend of affordability, comfort, and stunning natural beauty, providing everything you need to call it home. Act fast this gem won't last long!
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Extras
This exceptional condo comes fully equipped with stylish and modern appliances, including a stainless steel built-in microwave, built-in fridge, stainless steel range hood, dishwasher, washer, and dryer.
Nearby Intersections
Yonge & Queens Quay (95)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,500 (2025)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes St S 3510 is a 0-bedroom 1-bathroom condo listed for sale at $499,000, which is $120,764 (31.9%) higher than the average sold price of $378,236 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $22,091 (5.5%) compared to the previous 30 day period (November 19 - December 18) and down $54,974 (12.7%) from the same time one year ago.Inventory Change
There were 56 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 12.0% compared with the previous 30 day period (November 19 - December 18) and up 69.7% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($10,643) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,505 increase compared to the previous 30 day period (November 19 - December 18) and ($16,026) 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 26.8%, down from 44.0% over the previous 30 days (November 19 - December 18) and down from 57.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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