$555,000
For sale: Apartment

Do not miss this immediate possession 641 square-feet 1 bedroom + 1 den condo plus a balcony and one locker at the heart of the Financial District and the Entertainment District in the Downtown Toronto, and minutes to the Osgoode and the St. Andrew Subway Stations on the University Avenue. The condo is located close to the University of Toronto (St. George Downtown Campus), the OCAD University, schools, downtown hospitals, and restaurants. Groceries can be found at Rabba Fine Foods near the corner, Tim Horton is nearby, Rexall is at the next corner, Shangri-La Hotel is steps away, Canadian Tire and Eaton Centre are within walking distance. Neighborhood is Queen West and nearby neighborhoods include the Core, the Queen's Park, the Grange Park, the Chinatown, and the City Place. Lived by the owner since the condo was built. The den can hold a single/ twin/ bunk bed or can be used as a study room. Condo unit upgrades include ceilings, kitchen backsplash, kitchen countertop, and custom quality windows curtains. Modern kitchen with top-of-the-line appliances including ensuite Bloomberg front load washer and dryer, cabinets, high-end Miele built-in appliances including refrigerator/ freezer, stove/cooktop, dishwasher, oven, and a range hood. Easy access to elevators and quick walkable up and down stairs between the condo unit and ground level. Level 6 common areas include the state-of-the-art gymnasium, yoga room, sauna rooms, lounge, dining room w/kitchen, media/ party rooms, billiard room, a rooftop terrace with BBQ, seating areas, and an outdoor hot tub, and Level 3 common areas include rooftop gardens. Premium amenities include 24/7 security/concierge, security system, lobby areas, locker room, bike storage, parcel port smart lockers, fiber stream Internet, guest suites, and pay visitor parking.
Sold data
Apartment homes in Toronto (Waterfront Communities) 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 53, across 2,788 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $562,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,788 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) 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.
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