55 Merchants Wharf 234

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55 Merchants Wharf 234, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C4106357
MLSID
Contact Us
Property Description
Brand New, Never Lived In Stunning 940 Sq. Ft. 2 Bed 2 Bath At Tridel's Brand New Aqualina Toronto * This Suite Features Stunning Water Views And City Views + 10 Ft Cielings Throughout * 1 Parking Incl.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1 (2018)
Basement
None
Exterior
Other
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level D, Unit 3)
Garage Type
Undergrnd
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Merchants Wharf 234 is a 2-bedroom 2-bathroom condo listed for sale at $868,900, which is $77,288 (9.8%) higher than the average sold price of $791,612 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $7,727 (1.0%) compared to the previous 30 day period (February 19 - March 19) and up $2,929 (0.4%) from the same time one year ago.
Inventory Change
There were 1,386 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 15.2% compared with the previous 30 day period (February 19 - March 19) and up 33.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,721) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $1,553 increase compared to the previous 30 day period (February 19 - March 19) and ($8,662) 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 (March 20 - April 18) stood at 50.3%, up from 46.0% over the previous 30 days (February 19 - March 19) and down from 64.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (March 20 - April 18), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Cloud Realty, Brokerage
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