285 Avenue Rd 801

FOR SALE
$2,600,000
285 Avenue Rd 801, Toronto
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
285 Avenue Rd 801
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
6
ROOMS
C9388709
MLSID
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Property Description
Experience the epitome of luxury living at "The Davies," a brand-new boutique condominium at the edge of Summerhill. This residence offers an elegant and spacious suite with private elevator access being one of only 44 exclusive suites. The rare lower penthouse floor plan features a sophisticated formal living and dining room, where you can enjoy serene clear views of the treetops of Rathnelly. A separate family room seamlessly connects to the bright kitchen and breakfast area with over-sized island, creating a perfect space for both relaxation and grand entertaining.The suites thoughtful split two-bedroom layout ensures privacy, with each bedroom having a generously sized ensuite bathroom. Step out onto your private terrace what is equipped with both a gas line and a water source, featuring a balcony that spans the entire west side of the suite at over 50 ft wide. With only 4 suites on this floor, you will enjoy unparalleled privacy with limited neighbours. The well-appointed amenities here offer an unparalleled living experience, featuring thoughtfully designed guest suites, a state-of-the-art gym, an elegant party room, a spacious rooftop terrace and garden with stunning views, and a well-appointed meeting room. Located within walking distance to the charming shops and restaurants on Yonge Street, and with quick driving access to downtown, this residence places you perfectly in this ideal setting.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-10 2024-10-08 28 $2,850,000 - Terminated
Extras
Unobstructed west-facing views with access to balcony from almost every rm. 2 parking spaces right in front of elevator lobby ready for electric car chargers. Lrg kitchen island w storage + breakfast bar for seating. Direct elevator access!
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1800-1999
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
FoyerMain5.35' x 9.25'Stone Floor, Elevator, Closet
KitchenMain8.76' x 12.99'Centre Island, Breakfast Bar, B/I Fridge
BreakfastMain9.91' x 11.75'Glass Doors, Pot Lights, West View
FamilyMain12.99' x 21.16'W/O To Balcony, Combined W/Kitchen, West View
Prim BdrmMain12.24' x 15.49'W/I Closet, 5 Pc Ensuite, W/O To Balcony
2nd BrMain10.50' x 12.99'Closet, 4 Pc Ensuite, Large Window
LaundryMain4.92' x 7.58'Tile Floor, B/I Shelves
Toronto Market Statistics
Toronto Price Trend
285 Avenue Rd 801 is a 2-bedroom 3-bathroom condo listed for sale at $2,600,000, which is $1,821,908 (234.2%) higher than the average sold price of $778,092 in the last 30 days (September 18 - October 17). During the last 30 days the average sold price for a 2 bedroom condo in Toronto increased by $5,124 (0.7%) compared to the previous 30 day period (August 19 - September 17) and down $21,150 (2.6%) from the same time one year ago.
Inventory Change
There were 1,425 2-bedroom condos listed in Toronto over the last 30 days (September 18 - October 17), which is up 6.3% compared with the previous 30 day period (August 19 - September 17) and down 3.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Toronto typically sold ($17,999) (2.3%) below asking price over the last 30 days (September 18 - October 17), which represents a $1,222 decrease compared to the previous 30 day period (August 19 - September 17) and ($12,141) 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 2-bedroom condos in Toronto over the last 30 days (September 18 - October 17) stood at 34.0%, up from 32.7% over the previous 30 days (August 19 - September 17) and up from 33.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Toronto stood at 32 days when successfully sold over the last 30 days (September 18 - October 17), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Heaps Estrin Team
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