560 Front St W 604
Waterfront Communities C1, Downtown Toronto, M5V 1C1
FOR SALE
$588,800
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Property Description
This perfect one-bedroom layout has everything you need: a U-shaped kitchen with full-sized appliances, a spacious living area for a full-size couch, large TV, and a work-from-home setup, and a proper bedroom with big windows and a large double closet. Built by Tridel, this well reviewed building is renowned for its top-notch construction quality. Enjoy exceptional amenities, including a gym, sauna, concierge, guest suites, visitor parking, and a rooftop deck with breathtaking skyline views. Steps away from Torontos best restaurants, bars, and nightlife on King West, this location is unbeatable. Situated a few doors down from a large grocery store, within walking distance to the Island Airport, and backing onto Victoria Memorial Square Park. Plus, it's only 450 meters from a future subway station! This location truly has it all.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-09-01 | 2021-09-11 | 10 | $2,000 | $2,000 | Leased |
2021-06-25 | 2021-07-06 | 11 | $559,999 | $556,000 | Sold |
Extras
Vacant Possession, Tenant Vacating September 1.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,132 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
560 Front St W 604 is a 1-bedroom 1-bathroom condo listed for sale at $588,800, which is $17,259 (3.0%) higher than the average sold price of $571,541 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,695 (1.7%) compared to the previous 30 day period (July 9 - August 7) and down $39,653 (6.5%) from the same time one year ago.Inventory Change
There were 1,218 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 8 - September 6), which is down 21.6% compared with the previous 30 day period (July 9 - August 7) and down 2.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,252) (1.6%) below asking price over the last 30 days (August 8 - September 6), which represents a $3,270 increase compared to the previous 30 day period (July 9 - August 7) and ($7,469) 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 (August 8 - September 6) stood at 43.0%, up from 32.8% over the previous 30 days (July 9 - August 7) and down from 48.6% 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 33 days when successfully sold over the last 30 days (August 8 - September 6), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Brad J. Lamb Realty 2016 Inc.
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