50 Thomas Riley Rd 408
Islington-City Centre West, Etobicoke, M9B 0C5
FOR SALE
$739,900
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS4
ROOMSW9311341
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Property Description
Welcome to The Cypress Condos! This stunning 1-bedroom + den suite offers 780 sq.ft. of interior space and a 115 sq.ft. terrace, perfect for enjoying outdoor living. The suite features laminated floors throughout and an open-concept living/dining area, providing a spacious and airy feel. The modern kitchen is equipped with sleek apple kitchen cabinetry, a ceramic backsplash, under-cabinet lighting, and a convenient breakfast bar. Stainless steel appliances complete the contemporary look. The primary bedroom is a true retreat with a large window that floods the room with natural light, a walk-in closet for ample storage, and a luxurious 3-piece ensuite bathroom. The den is generously sized and can easily function as a home office, providing a quiet and productive space. Residents of The Cypress Condos enjoy an array of top-notch amenities, including a 24-hour concierge service that ensures security and assistance at any time. Metered visitor parking is available, making it easy for guests to visit. Stay active in the fully equipped exercise room or find your zen in the serene yoga room. The party room with a kitchenette is perfect for hosting gatherings, while the outdoor terrace with a BBQ area offers a great space for summer entertaining. The location of The Cypress Condos is exceptional, with easy access to the Kipling TTC Subway, bus stops, highways, and a variety of shops and restaurants. This makes commuting and daily errands a breeze, adding to the convenience of condo living.
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Nearby Intersections
Bloor & Islington (116)
Dundas & Kipling (107)
Property Features
Clear View, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (D (P4))
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 68.90' x 33.79' | Open Concept, W/O To Terrace, Laminate |
| Dining | Flat | 68.90' x 33.79' | Combined W/Living, Laminate |
| Kitchen | Flat | 26.25' x 26.25' | Breakfast Bar, B/I Appliances, Laminate |
| Den | Flat | 25.92' x 26.25' | Open Concept, Laminate |
| Prim Bdrm | Flat | 34.78' x 32.81' | W/I Closet, 3 Pc Ensuite, Large Window |
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Etobicoke Market Statistics
Etobicoke Price Trend
50 Thomas Riley Rd 408 is a 1-bedroom 2-bathroom condo listed for sale at $739,900, which is $170,517 (29.9%) higher than the average sold price of $569,383 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke declined by $96 (0.0%) compared to the previous 30 day period (September 24 - October 23) and down $20,298 (3.4%) from the same time one year ago.Inventory Change
There were 1,158 1-bedroom condos listed in Etobicoke over the last 30 days (October 24 - November 22), which is down 11.4% compared with the previous 30 day period (September 24 - October 23) and down 6.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($9,925) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,659 increase compared to the previous 30 day period (September 24 - October 23) and ($13,687) 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 Etobicoke over the last 30 days (October 24 - November 22) stood at 50.5%, up from 43.6% over the previous 30 days (September 24 - October 23) and up from 36.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Etobicoke stood at 32 days when successfully sold over the last 30 days (October 24 - November 22), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Plus City Team Inc.
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