55 Lombard St 511

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55 Lombard St 511, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C4190210
MLSID
Contact Us
Property Description
Large Luxury Bright & Spacious Condo In 'The Bentley'. Beautiful Finishes. A Small Boutique Building With An Amazing Roof Terrace W/Bbq's, L'scaped Gardens & A Heated Outdoor Salt Water Pool. Large Bedroom & Ensuite, Gleaming Hrdwd Flrs, Travertine Flr & B'splash In Kit, Quartz Countertop, Wine Rack & New S/S Appl's W/Entrance To Ens.Lau/Storage Rm. Top Of The Line Finishes. Den Has Been Opened Up To Create An Extra Large Living Area.Parking Unit Earns $280/M
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-03-01 2022-03-20 18 $3,100 $3,100 Leased
2019-02-25 2019-03-15 17 $3,100 $3,100 Leased
2019-01-19 2019-02-01 13 $3,200 - Terminated
2019-01-19 2019-01-26 7 $649,000 $677,000 Sold
Extras
Stainless Steel Appliances: Fridge, Stove, Microwave, Dishwasher, Double Stainless Steel Sinks, Upper & Lower Cabinet Lighting, Stackable Full Size Washer/Dryer
Property Features
Arts Centre, Hospital, Library, Park, Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,533 (2018)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat13.48' x 14.80'Hardwood Floor, Halogen Lighting, Fireplace
DiningFlat9.42' x 11.91'Hardwood Floor, Halogen Lighting, Open Concept
KitchenFlat10.60' x 12.40'Stainless Steel Appl, Tile Floor, Halogen Lighting
MasterFlat11.81' x 13.62'Hardwood Floor, Halogen Lighting, Double Closet
SolariumFlat8.79' x 12.50'Hardwood Floor, South View, Halogen Lighting
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Lombard St 511 is a 1-bedroom 2-bathroom condo listed for sale at $629,000, which is $25,955 (4.3%) higher than the average sold price of $603,045 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $4,444 (0.7%) compared to the previous 30 day period (February 25 - March 25) and down $19,478 (3.1%) from the same time one year ago.
Inventory Change
There were 1,630 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 19.1% compared with the previous 30 day period (February 25 - March 25) and up 57.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,085) (1.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,619 increase compared to the previous 30 day period (February 25 - March 25) and ($2,921) 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 26 - April 24) stood at 41.8%, down from 44.6% over the previous 30 days (February 25 - March 25) and down from 74.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 26 - April 24), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Braxton Realty Inc., Brokerage
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