44 Gerrard St W 1807
Bay Street Corridor, Downtown Toronto, M5G 2K2
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Property Description
Whats Right Downtown, Affordable, And Freshly Renovated? This Beauty Right Here. Functional 1+1 In The Heart Of Downtown W/ Parking And Locker. Renovations Include Brand New Flooring And Paint Throughout, Kitchen Backsplash With Fresh Cabinets, And Bathroom Tiling, Mirror & Lighting. With Enough Room For Even A Dining Table, And Plenty Of Storage, Including Large Laundry Room, This Unit Sticks Out From The Bunch. A Well Managed Building Is The Cherry On Top!
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Extras
Stove, Hood Fan, Dishwasher, Fridge, Washer & Dryer (All As-Is), All Existing Window Coverings & Lighting Fixtures. Note That Maintenance Fees Are All Inclusive.
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,957 (2018)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C:2)
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
44 Gerrard St W 1807 is a 1-bedroom 1-bathroom townhome listed for sale at $504,000, which is $203,772 (28.8%) lower than the average sold price of $707,772 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom townhome in Downtown Toronto increased by $135,372 (23.6%) compared to the previous 30 day period (February 25 - March 25) and up $134,461 (23.5%) from the same time one year ago.Inventory Change
There were 24 1-bedroom townhomes listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 20.0% compared with the previous 30 day period (February 25 - March 25) and up 4.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom townhomes in Downtown Toronto typically sold $15,163 (2.1%) above asking price over the last 30 days (March 26 - April 24), which represents a $23,207 decrease compared to the previous 30 day period (February 25 - March 25) and $35,679 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 townhomes in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 45.8%, down from 50.0% over the previous 30 days (February 25 - March 25) and up from 39.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom townhome in Downtown Toronto stood at 17 days when successfully sold over the last 30 days (March 26 - April 24), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Sage Real Estate Limited, Brokerage
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