25 Telegram Mews 610

FOR SALE
$489,000
25 Telegram Mews 610, Downtown Toronto
25 Telegram Mews 610
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
2 + 1
ROOMS
C11981347
MLSID
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Property Description
A modern and well-designed 1-bedroom plus den condo in CityPlace, this 595 sq. ft. suite at 25 Telegram Mews offers a smart, efficient layout with updated floors and a contemporary kitchen. Floor-to-ceiling windows fill the space with natural light, while the 33 sq. ft. balcony provides an inviting outdoor retreat. The den is perfect for a home office or study, maximizing functionality.Located in Montage Condos, residents enjoy 24-hour concierge service, a fitness centre, an indoor pool, and more. Steps from Canoe Landing Park, The Well, Rogers Centre, and top dining options, this prime downtown location offers easy access to transit, bike lanes, and major highways. Whether you're a first-time buyer, investor, or looking for a stylish city home, this condo offers modern living in a vibrant neighbourhood. Updates: Floors and baseboards - 2024, Light fixtures - 2024, Entry door/lock - 2024, Kitchen cabinets, shelves, counters, and appliances - 2023, Pot Lights - 2015, Bathroom sink - 2015.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-11-29 2023-01-19 51 $598,000 - Terminated
2019-12-30 2020-01-23 24 $1,950 $2,000 Leased
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,224 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
DenFlat5.91' x 6.20'Laminate, Closet
LivingFlat14.76' x 8.86'Laminate, Large Window, W/O To Balcony
DiningFlat14.76' x 8.86'Laminate, Combined W/Living
BrFlat8.17' x 10.83'Laminate, Closet, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Telegram Mews 610 is a 1-bedroom 1-bathroom condo listed for sale at $489,000, which is $68,110 (12.2%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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