116 George St N408

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116 George St N408, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C3959443
MLSID
Contact Us
Property Description
Beautiful 1 Bed + Den Unit In "Vu Lofts" By Aspen Ridge In Historic St.Lawrence Market Neighbourhood. 10' Ceiling, Large Living Space With Urban Fireplace, Large Balcony, Wall To Wall Windows. Kitchen With Center Island And Large Pantry. Semi Ensuite Bath W/Shower. Walk To St. Lawrence Market, Eaton Centre, Financial District, Subway, Universities, Minutes To Dvp, Gardiner.
Extras
S/S Stove, Fridge,B/I Microw, B/I Dishwasher.Washer, Dryer. All Elf's, All Wind.Cover. B/I Closet Organizer In Den,B/I Shelves In Liv/Din Room. 1 Parking By Elevator. 1 Locker On Same Level As Unit. Exclude Light Fixture In Master Bdrm.
Property Features
Clear View, Park, Public Transit
Property Details
Street
Community
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
700-799
Taxes
$2,779 (2016)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.17' x 18.77'Laminate, Combined W/Dining, W/O To Balcony
DiningFlat12.17' x 18.77'Laminate, Combined W/Living, Imitation Fireplace
KitchenFlat9.68' x 11.75'Laminate, Centre Island, Granite Counter
MasterFlat8.50' x 11.15'Laminate, Semi Ensuite, Large Closet
DenFlat6.33' x 9.51'Laminate, Separate Rm, B/I Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
116 George St N408 is a 1-bedroom 2-bathroom condo listed for sale at $585,000, which is $16,271 (2.7%) lower than the average sold price of $601,271 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,761 (1.0%) compared to the previous 30 day period (February 19 - March 19) and down $24,530 (3.9%) from the same time one year ago.
Inventory Change
There were 1,531 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 10.9% compared with the previous 30 day period (February 19 - March 19) and up 49.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,365) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $2,284 increase compared to the previous 30 day period (February 19 - March 19) and ($4,510) 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 20 - April 18) stood at 45.1%, up from 43.1% over the previous 30 days (February 19 - March 19) and down from 76.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 20 - April 18), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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