297 College St 509

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297 College St 509, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
C3686432
MLSID
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Property Description
New Condo By Tribute Communities. Landmark Bldg On College. 9' Ceiling. U Sharped Kitchen With Upgraded Back-Splash. Built-In European Appliances. Practical Layout With Sizable Living Space. Functional Den That's Used As 2nd Bdrm Currently. Main Bdrm Has Floor To Ceiling Window With Clear West View. 2 Min Walk From Uoft, Minutes To Subway. Steps To Hospitals, Little Italy, Move In Any Time. Furniture Can Be Added With The Unit. Just Move In With Your Luggage.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-24 2021-02-02 70 $1,850 $1,850 Leased
2020-08-28 2020-11-24 88 $1,950 - Terminated
Extras
Quartz Counteretop,Range-Hood Vent, Stove, B/I Microwave, Fridge, Dishwasher, Full Size Front Load Washer And Dryer. 5 Star Top Of The Line Amenities: 24 Hr Concierge, Fitness Room, Party Room, Theatre Room, Billiards Room, Outdoor Terrace
Property Features
Arts Centre, Clear View, Library, Park, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,500 (2017)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain16.93' x 10.60'Wood Floor, West View, Large Window
DiningMain16.93' x 10.60'Wood Floor, Breakfast Bar, Open Concept
KitchenMain2.62' x 13.35'Wood Floor, Track Lights, Corian Counter
MasterMain8.66' x 12.83'Wood Floor, Double Closet, W/O To Balcony
DenMain6.59' x 8.66'Wood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
297 College St 509 is a 1-bedroom 1-bathroom condo listed for sale at $549,000, which is $53,936 (8.9%) lower than the average sold price of $602,936 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,168 (1.2%) compared to the previous 30 day period (February 9 - March 9) and down $19,162 (3.1%) from the same time one year ago.
Inventory Change
There were 1,336 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is up 3.6% compared with the previous 30 day period (February 9 - March 9) and up 36.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,476) (1.6%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,496 increase compared to the previous 30 day period (February 9 - March 9) and ($4,645) 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 10 - April 8) stood at 50.3%, up from 44.7% over the previous 30 days (February 9 - March 9) and down from 73.0% 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 (March 10 - April 8), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Upperside Real Estate, Brokerage
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