70 Distillery Lane 1508
Waterfront Communities C8, Downtown Toronto, M5A 0E3
FOR SALE
$899,000
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2
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC10405593
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Property Description
Discover Distillery District's Crown Jewel Loft, in this rarely available 2-bedroom, 2-bathroom South/West corner unit! Functional & stylish, sun-drenched living space that offers breathtaking, panoramic views from floor-to-ceiling windows, showcasing the sparkling lake, & vibrant cityscape. A stunning 375 square foot wrap-around terrace that spans the entire unit perfect for al fresco dining, entertaining, or simply soaking in the skyline. This exciting home features a smart split-bedroom layout & is packed with luxurious upgrades. Enjoy the custom designer kitchen island, custom blinds, designer light fixtures and built in desk, bed & cabinets. The condos top-tier amenities include a rooftop pool, BBQ area, cozy fire pits, yoga studio, games & media room. Unbeatable convenience, walk to transit, shopping, supermarket & Sugar Beach. Future Ontario Line subway stop nearby & impressive development of the waterfront is underway.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-11 | 2024-10-15 | 34 | $899,000 | - | Terminated |
| 2022-11-16 | 2022-12-30 | 44 | $3,500 | $3,300 | Leased |
| 2021-05-27 | 2021-06-09 | 13 | $3,000 | $3,000 | Leased |
Extras
Amazing amenities include concierge, guest suites, gym, theatre, cabanas, rooftop terrace, BBQ area, outdoor pool, hot tub, sauna, steam room and visitor parking.
Property Features
Arts Centre, Clear View, Lake/Pond, Marina, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,991 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 17.95' x 9.32' | Open Concept, Sw View, Window Flr to Ceil |
| Dining | Flat | 17.95' x 9.32' | Open Concept, Sw View, Window Flr to Ceil |
| Kitchen | Flat | 17.98' x 7.12' | Open Concept, Sw View, Centre Island |
| Br | Flat | 9.38' x 10.27' | West View, Window Flr to Ceil, Large Closet |
| 2nd Br | Flat | 8.60' x 10.27' | West View, Murphy Bed, Window Flr to Ceil |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
70 Distillery Lane 1508 is a 2-bedroom 2-bathroom condo listed for sale at $899,000, which is $141,077 (18.6%) higher than the average sold price of $757,923 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $5,263 (0.7%) compared to the previous 30 day period (October 19 - November 17) and down $49,067 (6.1%) from the same time one year ago.Inventory Change
There were 824 2-bedroom condos listed in Downtown Toronto over the last 30 days (November 18 - December 17), which is down 31.7% compared with the previous 30 day period (October 19 - November 17) and up 21.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($18,179) (2.4%) below asking price over the last 30 days (November 18 - December 17), which represents a $1,993 increase compared to the previous 30 day period (October 19 - November 17) and ($25,281) more 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 Downtown Toronto over the last 30 days (November 18 - December 17) stood at 58.3%, up from 45.1% over the previous 30 days (October 19 - November 17) and up from 54.9% 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 Downtown Toronto stood at 37 days when successfully sold over the last 30 days (November 18 - December 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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