297 College St 508

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297 College St 508, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3 + 1
ROOMS
C3785626
MLSID
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Property Description
"The College" Luxurious Condo By Tribute, 1 Yr New, Across From U Of T, Near Kensington Market & Chinatown, Transit & City Market At Door Step. Convenient & Desirable Location. Spacious 1 Bdrm+Den 579 Sqft + Balcony, Den Can Be A 2nd Bedroom. Bright & Quiet Unit With Great City View. Soaring 9'9" High Ceilings, Modern Kitchen W/Integrated Panelled S/S Appliances. Outdoor Bbq, Theatre, Billiard Rm, Fitness Studio, 24 Hr Concierge
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-01-26 2021-03-09 42 $1,800 $1,800 Leased
2020-09-24 2021-01-27 125 $618,000 - Terminated
2020-09-24 2020-12-28 96 $618,000 - Suspended
Extras
Integrated S/S Fridge, D/W, B/I Wall Oven, Electric Cook Top, Front Load Washer & Dryer, Window Drapes, Microwave Hood Fan, Laminate Flr, Decor Backsplash, Frosted Glass Doors, Amenities Also Incl Media Lounge, Guest Suite, Bike Storage
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat9.09' x 11.15'Combined W/Dining, Laminate, W/O To Balcony
DiningFlat9.09' x 11.15'Combined W/Living, Laminate
KitchenFlat9.09' x 10.56'Combined W/Living, Laminate, Open Concept
MasterFlat8.66' x 13.16'Glass Doors, Laminate, Large Closet
DenFlat6.43' x 9.19'Separate Rm, Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
297 College St 508 is a 1-bedroom 1-bathroom condo listed for sale at $576,000, which is $26,936 (4.5%) 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 Living Realty Inc., Brokerage
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