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Property Description
Centrally located affordable turn-key Forest Hill corner suite. You did not read that wrong. This spacious and efficiently laid out condo is perfect for buyers ready to downsize, move-up, invest or take advantage of location being steps to Forest Hill Village, Casa Loma, the Annex & Yorkville. Open concept living at its finest with updated kitchen that flows seamlessly into both living & dining room with walk-out to West facing balcony. Unobstructed CN TOWER views from generous primary bedroom w/ 3 piece ensuite & multiple closets with custom built-ins. Hardwood throughout. A condo you won't want to miss!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-17 | 2024-02-15 | 123 | $1,669,000 | - | Expired |
Extras
See floorplan, Vtour & feature sheet for inclusions. 6 min walk to LONGO's & LCBO. 5 min drive to St Clair & St Clair W subway stations. Amenities include gym, party rm, car wash, concierge & new outdoor BBQ patio (Currently under reno.)
Nearby Intersections
Yonge & St Clair (203)
Avenue & St Clair (72)
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$5,137 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Common
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 22.31' x 13.58' | Hardwood Floor, Open Concept, Combined W/Dining |
| Dining | Flat | 15.68' x 10.37' | Hardwood Floor, W/O To Balcony, Open Concept |
| Kitchen | Flat | 9.81' x 12.89' | Open Concept, Breakfast Area, Stainless Steel Appl |
| Prim Bdrm | Flat | 17.81' x 13.39' | 3 Pc Ensuite, His/Hers Closets, B/I Closet |
| 2nd Br | Flat | 12.60' x 15.58' | Sw View, B/I Closet, Double Closet |
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Toronto Market Statistics
Toronto Price Trend
500 Avenue Rd 707 is a 2-bedroom 2-bathroom condo listed for sale at $1,529,000, which is $715,436 (87.9%) higher than the average sold price of $813,564 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom condo in Toronto increased by $27,866 (3.5%) compared to the previous 30 day period (February 29 - March 29) and up $9,354 (1.2%) from the same time one year ago.Inventory Change
There were 1,508 2-bedroom condos listed in Toronto over the last 30 days (March 30 - April 28), which is up 22.2% compared with the previous 30 day period (February 29 - March 29) and up 34.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Toronto typically sold ($11,330) (1.4%) below asking price over the last 30 days (March 30 - April 28), which represents a $1,236 increase compared to the previous 30 day period (February 29 - March 29) and ($6,935) 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 Toronto over the last 30 days (March 30 - April 28) stood at 44.3%, down from 48.6% over the previous 30 days (February 29 - March 29) and down from 62.9% 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 Toronto stood at 25 days when successfully sold over the last 30 days (March 30 - April 28), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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