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Unit 320 at The Thompson Residences

Sold

55 Stewart Street 320, Toronto, ON M5V 2V1

MLS #C9258554

$1,975,000

Sold on October 31, 2024

October 31, 2024

Originally listed at $2,100,000 6 days on market

About This Property

Offered for the first time by its original owner, this custom-built suite boasts a dream layout of over 2020sqft. Stylish,11ft raw concrete ceilings,2 generously sized bedrooms w/ensuites & a huge den that can be converted to a 3rd bedroom. It ranks amongst the largest-sized downtown units in this price-range. Your primary comes w/ shower, tub, & huge walk-in closet. Your 2nd bedroom also W/ its own shower, & in addition to a hallway powder room, ensures comfort and convenience for all. The open-concept floorplan seamlessly blends all living spaces while providing ample storage solutions, including multiple closets & a well-appointed pantry. With the feel of loft-penthouse sophistication, the primary suite envelops you in an ambiance of elegance, framed by floor-to-ceiling windows that gaze out onto a tree-lined view of Victoria Memorial Square Park across the entire unit - allowing for the most magnificent natural light you have ever seen!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1934/mo) and property tax ($9,234/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$988/sqft
Waterfront Communities C1
$894/sqft+10.5%
Toronto C01
$883/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 2125 sqft.

Property Details

Bedrooms

3

Bathrooms

3

Square Feet

2000-2249 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2082
MLS Size2000-2249
Listed OnAug 15, 2024
Maintenance Fees$1,934/month
Property Tax$9,234/year

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Unit 320 History

Complete transaction history for this unit

Terminated

Listed: Jul 11, 2024

$2,499,995

35 days on marketSale
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Transaction History Available

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Price History

Original List Price

$2,100,000

Listed on Aug 15, 2024

Sold Price

$1,975,000

Sold on Oct 31, 2024

-$125,000

-6.0%

6 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameThe Thompson Residences
Address55 Stewart St, Toronto
Parking TypeUnderground

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About Unit 320 at The Thompson Residences

Unit 320 is a residential condo & other with 3 bedrooms, 3 bathrooms spanning approximately 2000-2249 square feet located at The Thompson Residences, 55 Stewart St, Toronto. This unit is currently sold (sold for $1975K).

About The Thompson Residences

The Thompson Residences is located at 55 Stewart St, Toronto in Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Waterfront Communities C1 Neighbourhood

This unit is located in Waterfront Communities C1, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Part of The Thompson Residences

The Thompson Residences is part of the The Thompson Residences development. Explore all buildings and available units within this prestigious multi-building community.

Whether you're looking to buy, sell, or rent at The Thompson Residences, 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 320 The Thompson Residences Toronto C01

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