25 Telegram Mews 301
Waterfront Communities C1, Downtown Toronto, M5V 3Z1
FOR SALE
$575,000
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Property Description
Luxury Living in Downtown Toronto Waterfront! Welcome To A Newly Renovated One Bedroom Suite at Montage Condos! This Freshly Painted Well- Laid Out Floorplan Features Brand New Flooring, And Contemporary Light Fixtures. Modern Open Concept Kitchen With Granite Countertops Brand New Stainless Steel Kitchen Appliances (Purchased March 2024): Fridge, Stove, Microwave, and Dishwasher. Generous Living Space Bathed in Lots of Natural Light From Large Picture Windows Offering North Views of the Iconic The Well. Large Setback Between The Closest Buildings Affords Lots Of Privacy. Enjoy Sunsets Off The Balcony. Ideally Situated On Third Floor Avoid Waiting & Sharing Elevators. Suite Has Lots Of Storage: Spacious Bedroom Closet; Large Foyer Closet And Comes With A Locker. Move Into A Brand New Suite That Has Never Been Lived In Since Renovations Without Paying Preconstruction / New Construction Prices! Pet Friendly Building. Prime Location Walking Distance To Financial District, Harbourfront, Union Station, Rogers Centre, CN Tower, King West, Restaurants, Canoe Landing Community Recreation Centre, Schools, TTC At Your Doorstep And So Much More..
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-02 | 2024-04-26 | 24 | $585,888 | - | Terminated |
| 2023-12-05 | 2024-02-12 | 69 | $2,300 | - | Terminated |
| 2023-12-05 | 2024-02-11 | 68 | $2,300 | - | Suspended |
| 2019-05-29 | 2019-06-05 | 7 | $499,000 | $512,500 | Sold |
Extras
Luxurious Amenities: Indoor Pool And Hot Tub, Gym, Party Room, BBQ Terrace, Movie Theatre And Guest Suites. Well-Managed Building With 24/7 Hours Concierge. Parking can be still purchased from the developer. See MLS C6710028 for details
Nearby Intersections
Front & Spadina (250)
Spadina & Fort York (136)
King & Bathurst (407)
Spadina & Bremner (51)
Bathurst & Lakeshore (287)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,950 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
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 |
|---|---|---|---|
| Foyer | Main | 6.59' x 3.97' | Mirrored Closet, Large Closet, Laminate |
| Kitchen | Main | 10.04' x 10.04' | Stainless Steel Appl, Granite Counter, Open Concept |
| Living | Main | 10.40' x 13.88' | Picture Window, North View, W/O To Balcony |
| Dining | Main | 10.40' x 13.88' | Combined W/Living, Open Concept, Laminate |
| Prim Bdrm | Main | 9.81' x 10.07' | Window Flr To Ceil, Large Closet, Laminate |
| Bathroom | Main | 7.48' x 5.28' | 4 Pc Bath, Corian Counter, Ceramic Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Telegram Mews 301 is a 1-bedroom 1-bathroom condo listed for sale at $575,000, which is $24,875 (4.1%) lower than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Co-Elevation Realty
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