501 yonge St 2204

FOR SALE
$486,000
501 yonge St 2204, Downtown Toronto
501 yonge St 2204
501 yonge St 2204
501 yonge St 2204
501 yonge St 2204
501 yonge St 2204
501 yonge St 2204
501 yonge St 2204
501 yonge St 2204
501 yonge St 2204
501 yonge St 2204
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0
BEDROOMS
14
BATHROOMS
1
KITCHENS
3
ROOMS
C12008199
MLSID
Contact Us
Property Description
Downtown Core Location. 3 Yrs New Studio Unit w/ Unobstructed City Views ! Floor To Ceiling Windows w/ Juliette Balcony. Laminate Floorings Throughout. Modern Kitchen with Quartz Countertop, Backsplash & S/S Appliances, Quartz Vanity Top in 4pcs Bath. Five Star Amenities: 24/7 Concierge & Security, Gym/Fitness Centre, Rooftop Terrace w/ Swimming Pool, Indoor Hot & Cold Plunge Pools, Party Room W/ Wet Bar, Multiple Lounges, Billiards, Boardroom, Theatre, Pet Spa, Guest Suites and indoor Visitor Parking ... **EXTRAS** Steps to Bus & Subway Station, Close to Shopping, Banks & Restaurant, Mins to Yorkville, Eaton Centre Centre & University of Toronto .
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-30 2023-11-11 42 $2,200 $2,200 Leased
2021-08-26 2021-08-27 1 $1,800 $1,890 Leased
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 yonge St 2204 is a 0-bedroom 14-bathroom condo listed for sale at $486,000, which is $107,875 (28.5%) higher than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.
Inventory Change
There were 76 0-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) 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 0-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 14-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife New World Realty Inc.
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