22 Leader Lane 534
Church-Yonge Corridor, Downtown Toronto, M5E 0B2
FOR SALE
$649,900
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
Welcome to 22 Leader Lane! This luxurious condo is set in the historic King Edward Hotel in Old Toronto. Suite 534 features soaring ceilings, tall cabinetry, high-end appliances, primary bedroom with a large closet, a den, an updated bathroom, living room with built-in cabinets/shelves and a Juliette balcony overlooking King Street. Rated a Walker's and Rider's Paradise, you are minutes away from the financial district, U of T, TMU, or any Downtown shopping and dining. Residents can also access any amenities that the hotel offers. This unit is available furnished which makes it completely turn-key. Updates include: new heat pump - 2022, freshly painted - 2024, new cooktop- 2023. Absolutely nothing to do but move in and enjoy!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-03-04 | 2019-03-05 | 1 | $599,000 | $595,000 | Sold |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,961 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 9.28' x 17.52' | Hardwood Floor, Eat-In Kitchen, O/Looks Living |
| Living | Flat | 11.98' x 17.52' | Hardwood Floor, B/I Shelves, Juliette Balcony |
| Prim Bdrm | Flat | 6.69' x 13.39' | Hardwood Floor, Closet, Large Window |
| Den | Flat | 6.33' x 9.65' | Hardwood Floor, B/I Desk |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
22 Leader Lane 534 is a 1-bedroom 1-bathroom condo listed for sale at $649,900, which is $77,440 (13.5%) higher than the average sold price of $572,460 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,096 (0.9%) compared to the previous 30 day period (September 27 - October 26) and down $22,385 (3.8%) from the same time one year ago.Inventory Change
There were 1,176 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 27 - November 25), which is down 9.4% compared with the previous 30 day period (September 27 - October 26) and up 0.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,032) (1.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,566 increase compared to the previous 30 day period (September 27 - October 26) and ($14,563) 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 1-bedroom condos in Downtown Toronto over the last 30 days (October 27 - November 25) stood at 48.7%, up from 43.3% over the previous 30 days (September 27 - October 26) and up from 37.2% 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 Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 27 - November 25), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Frank Real Estate
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