38 Elm St 2108
Bay Street Corridor, Downtown Toronto, M5G 2K5
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Property Description
Attn.Investors! Luxury Residence In The Heart Of Downtown - Bay St. Corridor High Floor, South/East Lake & City View.Approx.750 Sq.Ft With Functional Layout. Great For Downtown Professional - Steps To Financial Core(10 Mins Walk), Walking Distance To Major Hospitals And Universities (2 Mins From Ryerson,10 Mins From Uoft).Steps To Shopping(Eatons Centre),Groceries(Metro, Sobeys) And Entertainment District.Closest Subway Station Yonge/Dundas. Walk Score 100.
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Extras
Fridge, Stove, B/I Dishwasher, Stacked Washer/Dryer, B/I Microwave, All Elfs.Central A/C.Ensuite Laundry.Mirrored His/Her Closets.Semi Ensuite Bathroom With Jacuzzi Tub & Sep. Shower. Marble Foyer.Great Investment.Park.Maybe Avail.For Rent
Property Features
Clear View, Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,476 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 12.01' x 20.83' | Combined W/Dining, Broadloom, South View |
| Dining | Flat | 12.01' x 20.83' | Combined W/Living, Broadloom, Open Concept |
| Kitchen | Flat | 6.00' x 8.01' | Breakfast Bar, Marble Floor, B/I Appliances |
| Master | Flat | 10.99' x 13.85' | His/Hers Closets, Semi Ensuite, Broadloom |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Elm St 2108 is a 1-bedroom 1-bathroom condo listed for sale at $405,000, which is $197,936 (32.8%) 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 Real Estate Bay Realty, Brokerage
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