116 George St N1409

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116 George St N1409, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C3743157
MLSID
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Property Description
*Vu Condos* Rare South Facing 1 Bdrm + Den W/21Ft Span Of Floor To Ceiling Windows! Spectacular Views Of The Lake, St James Cathedral & Cn Tower. Upgrades:9Ft Smooth Ceilings,Modified Layout Maximizing Space & Storage, Custom Cabinet Built-Ins In Bath & Bdrm, Engineered Merabu Hrdwd Flrs, Spacious Kitchen W/Island & Breakfast Bar,Walk-Out To Lrg Balcony. Locker & Parking Incl,Walk Score 99, Minutes To Financial District, St Lawrence Mrkt,Shops & Restaurants
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-10 2021-05-17 7 $700,000 $815,000 Sold
Extras
Fridge,Stove,Dishwshr,Microwave,Washer,Dryer,Elfs,Custom Hunter Douglas Blinds, Custom Built-Ins, Balc Furniture-Cedar Loveseat/Ottoman - Andrew Richard Designs. Nrth Tower Parking, Nrth Tower Locker Next To Elevator
Property Features
Clear View, Hospital, Park, Place Of Worship, Public Transit
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,745 (2016)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B51)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.63' x 28.90'Combined W/Dining, Hardwood Floor, W/O To Balcony
MasterFlat11.15' x 12.34'Closet Organizers, Hardwood Floor, B/I Shelves
DenFlat6.56' x 8.14'South View, Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
116 George St N1409 is a 1-bedroom 1-bathroom condo listed for sale at $568,800, which is $33,733 (5.6%) lower than the average sold price of $602,533 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $6,706 (1.1%) compared to the previous 30 day period (February 23 - March 23) and down $19,736 (3.2%) from the same time one year ago.
Inventory Change
There were 1,536 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is up 11.4% compared with the previous 30 day period (February 23 - March 23) and up 49.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,920) (1.3%) below asking price over the last 30 days (March 24 - April 22), which represents a $2,521 increase compared to the previous 30 day period (February 23 - March 23) and ($3,215) 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 (March 24 - April 22) stood at 43.0%, down from 44.2% over the previous 30 days (February 23 - March 23) and down from 74.1% 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 26 days when successfully sold over the last 30 days (March 24 - April 22), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby`S International Realty Canada, Brokerage
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