50 Power St 616
Moss Park, Downtown Toronto, M5A 0V3
FOR SALE
$699,000
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Property Description
Experience luxury living in downtown Toronto at 'Home on Power' by Great Gulf. This condominium offers a 2-bedroom, 2-bathroom unit spanning 798 sq. ft. With 9-foot ceilings and floor-to-ceiling windows, the space is bright and spacious, featuring an open-concept layout. The contemporary kitchen is equipped with stainless steel appliances, quartz countertops, and a stylish backsplash. Conveniently located near the downtown core, residents have easy access to the Don Valley Parkway and are just steps away from public transit, shops, restaurants, and the Distillery District. The building offers exceptional amenities, including a gym/fitness/yoga studio, party room, meeting room/lounge, games room, outdoor pool, community garden, and BBQ area. Enjoy the ultimate blend of comfort and convenience in a vibrant setting.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-05-10 | 2022-05-18 | 9 | $2,550 | $2,550 | Leased |
Extras
S/S Samsung Appliances: Fridge, Range, Hood. B/I Dishwasher. Samsung Front Load Washer & Dryer. All Existing Electrical Light Fixtures And Window Coverings.
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,761 (2024)
Basement
None
Exterior
Concrete, Metal/Side
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 |
|---|---|---|---|
| Living | Flat | 10.33' x 22.41' | Window Flr to Ceil, Open Concept, Combined W/Dining |
| Dining | Flat | 10.33' x 22.41' | Window Flr to Ceil, Open Concept, Combined W/Living |
| Kitchen | Flat | 10.33' x 22.41' | Window Flr to Ceil, Open Concept, Stainless Steel Appl |
| Prim Bdrm | Flat | 8.99' x 10.99' | Window Flr to Ceil, W/I Closet, 3 Pc Ensuite |
| 2nd Br | Flat | 8.23' x 9.42' | Window Flr to Ceil, Double Closet, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Power St 616 is a 2-bedroom 2-bathroom condo listed for sale at $699,000, which is $32,685 (4.5%) lower than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.Inventory Change
There were 779 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) 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 (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Condos Plus Corporation
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