297 College St W 1508

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297 College St W 1508, Downtown Toronto
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C3904274
MLSID
Contact Us
Property Description
Open Your Door To The Breathtaking Skyline View Of The City & Water. Located Right At University Of Toronto, Kensington Market, Little Italy, Annex And Chinatown! One Plus Den Converted To 2 Bdrm, Each Fits Queen Size Bed Comfortably. Over 20K In Upgrades, Which Include Marble Like Quartz Counter Top, Premium "Kitchen Aid" Appliances And Custom Made Automatic Solar And Black Out Shades. 20,000 Sqft Of Loblaws "Citymarket" At Your Door Step.
Extras
Completely Renovated For Optimal Functioning 2 Bedroom Condo With Frosted French Doors, Custom Built Closet, Stacked Washer And Vent-Less Dryer. Excluded: 2 Bedroom Light Fixtures And Dining Light Fixture.
Property Features
Hospital, Park, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,428 (2017)
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
MasterMain10.70' x 9.97'
2nd BrMain8.89' x 7.97'
KitchenMain6.99' x 11.78'
DiningMain16.37' x 17.09'
LivingMain16.37' x 17.09'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
297 College St W 1508 is a 2-bedroom 1-bathroom condo listed for sale at $528,888, which is $258,579 (32.8%) lower than the average sold price of $787,467 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,669 (2.3%) compared to the previous 30 day period (January 28 - February 26) and down $17,878 (2.2%) from the same time one year ago.
Inventory Change
There were 1,231 2-bedroom condos listed in Downtown Toronto over the last 30 days (February 27 - March 27), which is up 16.4% compared with the previous 30 day period (January 28 - February 26) and up 22.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($12,445) (1.6%) below asking price over the last 30 days (February 27 - March 27), which represents a $72 increase compared to the previous 30 day period (January 28 - February 26) and ($11,558) 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 2-bedroom condos in Downtown Toronto over the last 30 days (February 27 - March 27) stood at 48.2%, up from 46.0% over the previous 30 days (January 28 - February 26) and down from 62.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (February 27 - March 27), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Condo Store Realty Inc., Brokerage
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