$399,000
For sale: Apartment

Welcome to Suite 1E at Gerrard Place, a rare single level loft residence in a boutique building designed by acclaimed architect Barton Myers. Every other suite in the building is two storey; this approx. 1,090 sq. ft. suite is the only one of its kind, with soaring 13' ceilings, 1.5 bathrooms and sun filled south exposure. The open concept living/dining area is anchored by brand new floor to ceiling windows with south facing views. The kitchen features granite countertops, a centre island, and stainless steel appliances. Refinished hardwood flooring and updated lighting throughout. The primary bedroom offers a 3 piece ensuite and a walk in closet. Steps to TMU, U of T, the Eaton Centre, transit, parks, and restaurants. Building amenities include a rooftop deck with BBQs and skyline views, a party/meeting room, and visitor parking. A rare opportunity in the heart of downtown Toronto.
Sold data
Homes in Church Yonge Corridor took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 51, across 150 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $594,450.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 150 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Church-Yonge Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$399,000
Apartment513 - 872 SHEPPARD AVENUE W, Bathurst Manor, Toronto

$399,999
Apartment812 - 2 MANDERLEY DRIVE, Birchcliffe-Cliffside, Toronto

$399,000
Apartment704 - 100 LEEWARD GLENWAY, Flemingdon Park, Toronto

$419,900
Apartment301 - 25 SUNRISE AVENUE, Victoria Village, Toronto

$420,000
Apartment2010 - 88 BLUE JAYS WAY, Waterfront Communities C1, Toronto

$399,000
Apartment903 - 18 LEE CENTRE DRIVE, Woburn, Toronto

$409,900
Apartment628 - 2799 KINGSTON ROAD, Cliffcrest, Toronto

$419,000
Apartment1611 - 225 WEBB DRIVE, City Centre, Mississauga