55 Lombard St 204
Church-Yonge Corridor, Downtown Toronto, M5C 2R7
FOR SALE
$780,000
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Property Description
Welcome to The Bentley, a boutique building in the heart of downtown Toronto's historic St. Lawrence Market district. Elegance, community and convenience at this spacious 1 bedroom suite with parking offers an unparalleled blend of classic and modern convenience, nestled in a low-rise brick building known for its warm, community-focused atmosphere. Enjoy an open-concept living and dining area with solid oak hardwood flooring throughout, an updated open kitchen with stainless steel appliances, ceramic flooring, generous storage & counter space. Thoughtfully designed bespoke storage cabinetry in both the bedroom and sitting room enhances functionality, while elegant bathrooms feature Toto toilets, imported tile and a Maax tub in the 4pc. A separate laundry room includes a folding counter, storage cupboards, drawers, and full-size side by side LG front-load machines. Smart storage solutions with custom Rubbermaid organizing systems in every closet and the upgraded LED pot lights in the lliving room create a bright and contemporary ambiance. The building has a second level courtyard with community garden & fountain, lush rooftop garden with stylish seating, barbecues and a seasonal outdoor saltwater pool. Special features include WIFI throughout the common elements, daily concierge service an electronic security system for peace of mind & bicycle storage. The party meeting room has a full kitchen and provides a welcoming environment for entertaining or connecting with neighbours. Steps from St. James Park, this quiet retreat keeps you close to Toronto's finest dining, cafes, theatres, galleries, and shopping. Walk to St. Lawrence Market, King & Queen subway stations, Eaton Centre, Union Station, Distillery district and more. Easy access to the waterfront, Gardiner and DVP completes this unbeatable downtown living experience. Dont miss this rare opportunity to own a spacious, well-appointed suite in one of Toronto's most sought-after communities!
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Nearby Intersections
Adelaide & Church (18)
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,768 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 3.51' x 4.99' | Closet, Tile Floor, 2 Pc Bath |
| Living | Flat | 11.42' x 16.24' | Parquet Floor, Pot Lights, Open Concept |
| Dining | Flat | 11.42' x 12.99' | Parquet Floor, Open Concept |
| Sitting | Flat | 5.87' x 10.47' | Parquet Floor, Large Window, B/I Desk |
| Kitchen | Flat | 10.14' x 12.17' | O/Looks Dining, Stainless Steel Appl, Tile Floor |
| Prim Bdrm | Flat | 11.75' x 15.65' | Parquet Floor, B/I Shelves, 4 Pc Ensuite |
| Laundry | Flat | 7.15' x 8.99' | B/I Shelves |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Lombard St 204 is a 1-bedroom 2-bathroom condo listed for sale at $780,000, which is $222,890 (40.0%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 1-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage/J & D Division
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