8 Telegram Mews 620
Waterfront Communities C1, Downtown Toronto, M5V 3Z5
FOR SALE
$508,000
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BEDROOMS1
BATHROOMS1
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Property Description
Bright and Spacious one bedroom in the heart of Cityplace. A neutral colour pallet with lots of windows for natural light. Ensuite laundry for convenience. Many Building Amenities Include Gym, Visitor Parking, swimming pool, Sauna, BBQ, Guest Suites and More. This building has many conveniences such as being Walking distance to grocery stores, The Entertainment & Financial Districts, Waterfront, CN Tower, Rogers Centre and TTC. This incredible condo is ready for you to move in immediately!
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,824 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 6.66' x 14.17' | Combined W/Dining, Laminate, W/O To Balcony |
| Dining | Main | 6.66' x 14.17' | Combined W/Living, Laminate, W/O To Balcony |
| Kitchen | Main | 5.61' x 12.01' | Granite Counter, Window |
| Br | Main | 7.02' x 10.70' | Closet, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Telegram Mews 620 is a 1-bedroom 1-bathroom condo listed for sale at $508,000, which is $58,911 (10.4%) lower than the average sold price of $566,911 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $2,289 (0.4%) compared to the previous 30 day period (October 12 - November 10) and down $14,503 (2.5%) from the same time one year ago.Inventory Change
There were 1,188 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 11 - December 10), which is up 13.8% compared with the previous 30 day period (October 12 - November 10) and up 27.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,181) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $1,261 decrease compared to the previous 30 day period (October 12 - November 10) and ($15,690) 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 1-bedroom condos in Downtown Toronto over the last 30 days (November 11 - December 10) stood at 47.1%, down from 52.3% over the previous 30 days (October 12 - November 10) and up from 44.0% 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 (November 11 - December 10), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max All-Stars Realty Inc.
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