116 George St 702

FOR SALE
$615,000
116 George St 702, Etobicoke
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
116 George St 702
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BEDROOMS
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KITCHENS
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C9298082
MLSID
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Property Description
Discover Downtown Living at Its Best: A Smartly Designed 1-Bedroom Oasis with No Wasted Space and a Private East-Facing Balcony!Welcome to this inviting 1-bedroom, 1-bathroom condo located in the vibrant St. Lawrence Market neighbourhood. This unit features an incredibly functional layout with no wasted square footage, maximizing both comfort and usability. The open-concept living and dining areas are bright and airy, with floor-to-ceiling windows that provide plenty of natural light and access to a private east-facing balcony perfect for enjoying a morning coffee or unwinding after a long day.The kitchen is well-equipped with stainless steel appliances and ample cabinetry, designed to make the most of the space for cooking and entertaining. The bedroom comfortably fits a queen-size bed and offers large windows that fill the room with natural light, creating a warm and relaxing atmosphere. The bathroom includes a modern vanity and open shelving, providing both style and practical storage solutions.Additional conveniences include in-suite laundry and a welcoming foyer. The building is ideally located just steps from the St. Lawrence Market, public transit, shops, and dining options, offering the best of downtown living.This move-in-ready unit is perfect for those seeking a thoughtfully designed home in a prime downtown location.
Extras
!FULL width balcony and great amenities including exercise room and incredible rooftop!
Nearby Intersections
Property Features
Clear View, Park, Public Transit
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,446 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P2)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain7.58' x 13.06'Combined W/Kitchen, Walk-Out, W/O To Balcony
DiningMain5.84' x 11.09'Combined W/Kitchen, O/Looks Living
KitchenMain6.04' x 11.29'Stainless Steel Appl, Stone Counter
Prim BdrmMain9.81' x 10.01'Double Closet, Large Window
OtherMain5.02' x 23.69'
Etobicoke Market Statistics
Etobicoke Price Trend
116 George St 702 is a 1-bedroom 1-bathroom condo listed for sale at $615,000, which is $48,923 (8.6%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.
Inventory Change
There were 1,451 1-bedroom condos listed in Etobicoke over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 Etobicoke over the last 30 days (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Etobicoke stood at 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sage Real Estate Limited
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