$399,000
For sale: Apartment

Welcome to The Luxury Icon 2 - an exceptional opportunity to own a penthouse suite in the heart of Toronto's Financial and Entertainment Districts.This bright and stylish 516 sq. ft. junior one-bedroom corner suite features high ceilings, hardwood flooring throughout and a smart, functional layout that makes excellent use of the space. Perfect for a first-time buyer, investor, executive rental or short-term rental opportunity, this suite offers incredible flexibility in one of downtown Toronto's most sought-after locations. Step outside your door and walk to virtually everything-world-class restaurants, nightlife, entertainment, shopping, the Financial District, transit and more. A truly AAA location for both lifestyle and investment. The Luxury Icon is a well-managed building with an impressive range of amenities, including 24-hour concierge, fitness room, lap resistance pool, party room, work-spaces and a rooftop patio with BBQ terrace. Whether you are looking to get into the downtown market, build an investment portfolio or, take advantage of the demand for executive and short-term accommodations, this is an opportunity worth exploring. A fantastic downtown offering with high ceilings, an unbeatable location and exceptional lifestyle and investment potential.
Sold data
Apartment homes in Toronto (Waterfront Communities) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 52, across 3,017 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $574,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 3,017 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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