50 Lombard St 1401
Church-Yonge Corridor, Downtown Toronto, M5C 2X4
FOR SALE
$679,000
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BEDROOMS1
BATHROOMS1
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Property Description
This unit offers 940 sq ft of living space, providing a generous layout that is rare in todays market. It offers spacious & bright living areas, ample storage, thoughtful design that makes it easy to feel at home. The Indigo is a low-density building with only 104 suites creating a warm and welcoming environment & puts you in the heart of some of Toronto's best dining, shopping, and entertainment right at your doorstep. Just steps away from the St. Lawrence Market, Eaton Centre & Financial District, Theatres, Restaurants & Nightlife. It is also conveniently located near George Brown College, Toronto Metropolitan University (TMU), and the University of Toronto (UofT). The Indigo was built with unique features that set it apart: High-speed elevators with a backup generator, Secure package storage with email notifications & Boutique concierge service. One of the advantages of living here is that maintenance fees include key services that many new buildings charge separately for: 24/7 Onsite Concierge & Security, Heating and Cooling Costs as well as Water are Included. Enjoy the benefit of an on-site Property Manager, ensuring maintenance requests and repairs are handled efficiently. Easy Access to Transit & Commuting Options: Subway & Streetcars - steps from Queen and King stations. Union Station - GO Train and VIA Rail for commuters. Easy highway access to the Gardiner Expressway & DVP. Residents enjoy a rooftop terrace with breathtaking skyline views, a well-equipped fitness center, a 2 floor party room, and guest suite all designed to enhance your lifestyle. Close Proximity to Green Spaces & Outdoor Living such as St. James Park & Berczy Park Whether you're a young professional, student, or someone looking for a boutique-style residence in downtown Toronto, The Indigo Private Residences provide the perfect balance of comfort, convenience, and community.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-07 | 2025-01-31 | 146 | $698,900 | - | Expired |
| 2024-05-25 | 2024-08-31 | 98 | $699,900 | - | Expired |
Nearby Intersections
Adelaide & Church (18)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,568 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (C/1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.25' x 14.40' | Hardwood Floor, O/Looks Dining, Ne View |
| Dining | Main | 12.40' x 15.75' | Hardwood Floor, O/Looks Living |
| Kitchen | Main | 10.33' x 10.63' | Marble Floor, Galley Kitchen, B/I Appliances |
| Prim Bdrm | Main | 10.60' x 10.66' | Hardwood Floor, Double Closet |
| 2nd Br | Main | 8.07' x 13.12' | Hardwood Floor, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Lombard St 1401 is a 2-bedroom 1-bathroom condo listed for sale at $679,000, which is $77,601 (10.3%) lower than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
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