50 Lombard St 1903
Church-Yonge Corridor, Downtown Toronto, M5C 2X4
FOR SALE
$549,000
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Property Description
Incredible Value for this Executive Unit. Nestled just steps from the Financial District where parking spaces come at a premium this 740 sq ft one-bedroom condo offers exceptional value and has been fully renovated from top to bottom. Every inch of this unit has been updated, including a stunning kitchen and a spa-like bathroom that exude modern luxury. It's also one of the few units in the building with its own private balcony. The spacious and South facing living and dining area spans over 28 feet, creating a bright and open atmosphere. Underground parking and a storage locker are included for added convenience. Recently fully renovated and featuring newer high-end laminate flooring, this home is move-in ready. A 10-minute walk takes you to the Financial District, the new Saks store, and St. Lawrence Market. If ample space and fresh updates are what you're looking for, put this condo at the top of your list.
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Extras
Enjoy summer evenings dining on the building's rooftop gardens and patios. With a park across the street and dining options like Thai and a cozy brew pub just around the corner, this is downtown living at its best.
Nearby Intersections
Adelaide & Church (34)
Property Features
Clear View, Park, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,346 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C-10)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 4.59' x 5.25' | Pot Lights, Open Concept, Renovated |
| Living | Main | 10.99' x 28.48' | Large Window, O/Looks Dining, Open Concept |
| Dining | Main | 10.99' x 28.48' | Laminate, Open Concept, Pot Lights |
| Kitchen | Main | 6.99' x 6.99' | Renovated, Pot Lights, B/I Shelves |
| Br | Main | 11.48' x 11.52' | W/O To Balcony, Double Closet, Renovated |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Lombard St 1903 is a 1-bedroom 1-bathroom condo listed for sale at $549,000, which is $21,831 (3.8%) lower than the average sold price of $570,831 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,245 (0.2%) compared to the previous 30 day period (September 23 - October 22) and down $18,306 (3.1%) from the same time one year ago.Inventory Change
There were 1,217 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 3.1% compared with the previous 30 day period (September 23 - October 22) and down 5.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,815) (1.7%) below asking price over the last 30 days (October 23 - November 21), which represents a $2,467 increase compared to the previous 30 day period (September 23 - October 22) and ($13,538) 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 23 - November 21) stood at 50.3%, up from 44.5% over the previous 30 days (September 23 - October 22) and up from 34.3% 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 31 days when successfully sold over the last 30 days (October 23 - November 21), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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