550 Front St W 423
Waterfront Communities C1, Downtown Toronto, M5V 3N5
FOR SALE
$489,999
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Property Description
Welcome to this 9ft High Ceiling North Facing 1 Bedroom Condo in a Well Managed Low-rise Boutique Building in Portland Park Village tucked away from bustling King St W. Open Concept Practical and Functional Layout. Walk Score 88 & Transit Score 95! Steps to TTC, Rogers Centre, Financial and Entertainment District. Do your shopping at the newly launched Shopping Centre The Well, Stackt Market; Farm Boy, Loblaws, Joe Fresh, Shoppers, And Lcbo. Private Spacious Balcony is perfect for relaxing and entertaining all summer long.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-05 | 2024-04-25 | 20 | $549,999 | - | Terminated |
| 2023-06-22 | 2023-07-03 | 11 | $2,200 | $2,200 | Leased |
| 2020-07-15 | 2020-07-18 | 3 | $449,900 | $449,918 | Sold |
Extras
Low Condo Fees & Taxes In A Well Managed Building. Stacked Washer And Dryer, All Window Coverings, And All ELFs. Shop @ The Well. Farm Boy &. Close To Parks, Liberty Village, Bay St, & TTC. Easy Access To The Gardener/QEW
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,492 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
550 Front St W 423 is a 1-bedroom 1-bathroom condo listed for sale at $489,999, which is $111,936 (18.6%) lower than the average sold price of $601,935 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,823 (0.6%) compared to the previous 30 day period (March 6 - April 4) and down $29,540 (4.7%) from the same time one year ago.Inventory Change
There were 1,904 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 5 - May 4), which is up 41.0% compared with the previous 30 day period (March 6 - April 4) and up 67.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,277) (1.5%) below asking price over the last 30 days (April 5 - May 4), which represents a $448 increase compared to the previous 30 day period (March 6 - April 4) and ($2,071) 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 (April 5 - May 4) stood at 33.9%, down from 49.9% over the previous 30 days (March 6 - April 4) and down from 71.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (April 5 - May 4), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Advantage Realty
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