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Unit 703 at Aquavista Condos

Sold

1 Edgewater Dr N/A 703, Toronto C08, ON M5A 0L1

MLS #C8219170

$2,650,000

Sold on July 30, 2024

July 30, 2024

Originally listed at $2,995,000 22 days on market

About This Property

Step into unparalleled luxury in this meticulously renovated and upgraded condo, featured in House and Home. Spanning 1470 square feet, this stunning 2 bedroom, 2.5 bathroom suite boasts an expansive 1500 square foot terrace offering unobstructed southern vistas of Lake Ontario. Upon entering, be captivated by the Ridgely Studio Custom Criss Cross 13-foot chandelier and discreet hidden storage behind exquisite wood paneling, setting the tone for refined living. The dining area, adorned with an antique mirrored wall, elegantly reflects the natural light streaming in from the lake, enhancing the sense of space and serenity. Two distinct living areas exude sophistication, featuring bespoke ceiling treatments, beams, and an inviting open flame fireplace enveloped in marble, complemented by limewash painted curved doors concealing the entertainment center. The kitchen, equipped with built-in appliances, tons of storage, reverse osmosis water system, and a grand marble-clad island extending seamlessly into the counters and backsplash. The primary suite is a sanctuary of indulgence, adorned with an upholstered wall panel, built-in dresser with ribbed pocket doors, and an additional outdoor balcony, perfect for morning coffees or evening stargazing. Throughout the residence, custom drapery and automated Lutron blinds effortlessly enhance privacy and ambiance. This exceptional unit includes two coveted parking spaces and a convenient locker. Outside, the terrace beckons relaxation and entertaining with a gas hook-up for your barbecue and a hose bib for easy maintenance . Aquavista is nestled within the vibrant Bayside Community, offering proximity to the iconic Distillery District, bustling St. Lawrence Market, local community centers, and an array of waterfront amenities, promising a lifestyle of unparalleled luxury and convenience.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1615/mo) and property tax ($9,501/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$6,372/sqft
Waterfront Communities C8
$1,012/sqft+529.8%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 470 sqft.

Property Details

Bedrooms

2

Bathrooms

3

Square Feet

1,470 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2768
MLS Size1400-1599
Listed OnApr 9, 2024
Maintenance Fees$1,615/month
Property Tax$9,501/year

Property Details Available

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Price History

Original List Price

$2,995,000

Listed on Apr 9, 2024

Sold Price

$2,650,000

Sold on Jul 30, 2024

-$345,000

-11.5%

22 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameAquavista Condos
Address1 Edgewater Drive, Toronto C01
Parking TypeUnderground

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About Unit 703 at Aquavista Condos

Unit 703 is a residential condo & other with 2 bedrooms, 3 bathrooms spanning approximately 1400-1599 square feet located at Aquavista Condos, 1 Edgewater Drive, Toronto C01. This unit is currently sold (sold for $2650K).

About Aquavista Condos

Aquavista Condos is located at 1 Edgewater Drive, Toronto C01 in Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Waterfront Communities C8 Neighbourhood

This unit is located in Waterfront Communities C8, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Aquavista Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 703 Aquavista Condos Toronto C08

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