22 Leader Lane 347
Church-Yonge Corridor, Toronto, M5E 0B2
FOR SALE
$510,000
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Property Description
Live in luxury at the Iconic King Edward Residences. Welcome to 22 Leader Lane, where historic charm meets modern convenience in the heart of downtown Toronto. This beautiful bachelor suite offers an elegant retreat in the prestigious King Edward Hotel, just steps from the vibrant St. Lawrence Market, world-class dining, shopping, and entertainment.Start your day sipping your morning coffee on the charming balcony. Inside, the thoughtfully designed space maximizes comfort and function, with access to a private resident lounge ideal for working from home. Stay active without leaving home with access to a well-equipped fitness centre, and unwind with on-site spa services and fine dining, all within your building.With easy access to transit, this is the perfect pied-a-terre for those who travel into the city or want to experience the best of Toronto at their doorstep. Everything you need, right where you want to be.Don't miss this opportunity your urban retreat awaits
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-26 | 2024-03-27 | 30 | $499,000 | $479,000 | Sold |
| 2024-02-04 | 2024-02-29 | 25 | $520,000 | - | Terminated |
| 2024-01-10 | 2024-02-02 | 23 | $520,000 | - | Terminated |
Nearby Intersections
Property Features
Hospital, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Bachelor/Studio
Approximate Sq.Ft.
0-499
Taxes
$2,840 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.60' x 17.26' | Hardwood Floor, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 10.60' x 17.26' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Flat | 9.25' x 7.58' | Hardwood Floor, B/I Dishwasher, Combined W/Laundry |
| Den | Flat | 9.48' x 14.34' | Hardwood Floor |
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Toronto Market Statistics
Toronto Price Trend
22 Leader Lane 347 is a 0-bedroom 1-bathroom condo listed for sale at $510,000, which is $131,875 (34.9%) higher than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.Inventory Change
There were 76 0-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) 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 0-bedroom condos in Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% 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 Toronto stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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