50 Power St 724
Moss Park, Downtown Toronto, M5A 0V3
FOR SALE
$959,900
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BEDROOMS2
BATHROOMS1
KITCHENS6
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Property Description
Experience the perfect blend of contemporary design and downtown convenience in this thoughtfully designed 2+Den condo. The split layout ensures privacy between bedrooms, while the versatile den can easily be converted into a third bedroom or home office with the addition of a sliding door. The open-concept living and dining area seamlessly integrates with a modern kitchen, featuring high-end appliances and sleek finishes, ideal for both entertaining and daily living. Step onto your private balcony to enjoy unobstructed city views, providing a tranquil retreat amidst the urban landscape. Residents have access to premium amenities, including a state-of-the-art gym and a luxurious pool. Located just a short walk from the vibrant Distillery District and the upcoming Corktown subway station, this prime location offers unparalleled access to the city's best. With the King St streetcar at your doorstep, commuting to the financial district is effortless. Embrace modern luxury, convenience, and stunning city views at 50 Power St. Seize the opportunity to make this exceptional condo your new home today! ***View Virtual Tour Attached***
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-16 | 2024-12-15 | 61 | $998,000 | - | Expired |
Extras
Appliances: Stove, dishwasher, microwave oven, washer and dryer, fridge, all window coverings, all light fixtures.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,648 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 9.28' x 9.74' | |
| 2nd Br | Main | 8.43' x 9.65' | |
| Living | Main | 10.93' x 27.17' | |
| Den | Main | 7.78' x 6.00' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Power St 724 is a 2-bedroom 2-bathroom condo listed for sale at $959,900, which is $228,215 (31.2%) higher 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 Right At Home Realty Investments Group
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