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    704 - 51 Trolley Cres

    For SaleRiver City I Lofts
    $1,399,000
    Price Cut: $1,475,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,105 SQFT
    61 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $863/mth
    Taxes:
    $4,342 (2023)
    Cost Per Sqft:
    $1,266/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Dining
    Hardwood Floor, Pantry, Built-in Bar
    19.55 x 9.35ft
    Living
    Hardwood Floor, Walkout To Balcony, Windows Floor to Ceiling
    15.09 x 12.86ft
    Kitchen
    Marble Counter, Built-in Fridge, O/Looks Living
    9.29 x 12.83ft

    About this Listing

    Welcome to this extraordinary, re-imagined custom suite at River City Condos, meticulously designed by The Design Co. to evoke a boutique hotel ambiance. This spacious 2+1 bedroom, 2-bathroom corner unit offers a perfect blend of sophistication and comfort with premium finishes and a wealth of high-end upgrades, making it ideal for discerning buyers seeking an upscale urban retreat. Upon entering, youll be greeted by elegant white oak herringbone flooring, setting the tone for the suites luxurious design. A custom-designed bar provides an impressive focal point for entertaining, while the spa-like primary bathroom boasts a steam shower and heated floors for ultimate relaxation. Integrated Sonos speakers offer an immersive audio experience throughout the space, enhancing the ambiance. With nearly 270 degrees of unobstructed views, natural light floods the open-concept layout, creating a bright and inviting atmosphere. This suite includes one parking space, with an additional parking spot available for purchase, as well as an oversized locker for ample storage. With a level of customization and finishes rarely found at this price point, this property offers a unique opportunity to own a high-end home at a fraction of the cost of new construction in Toronto. Dont miss the chance to call this exceptional space your own. Contact us today for a feature sheet detailing the full list of upgrades and to schedule a private showing.

    ExtrasIncludes: 1 Parking Space & 1 Over-Sized Locker. Second parking space is available for purchase - please speak w/LA.

    harvey kalles real estate ltd.MLS® #C9363662


    Amenities

    Gym Room
    Games Room
    Party Room
    Rec Room
    BBQs Allowed
    Visitor Parking

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,959
    Average Individual Income
    $60,766
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $102,581
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    18%
    65+
    18%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    High Rise Apartment
    47%
    Detached
    33%
    Semi Detached
    10%
    Duplex
    5%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    10%
    Cantonese
    9%
    Arabic
    2%
    Tagalog
    2%
    Telugu
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    40%
    High School
    23%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Math & Computer Sciences
    10%
    Social Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    River City I Lofts vs The Corktown - Toronto Area

    Days on Strata

    Units at River City I Lofts spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    1%
    below
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Corktown - Toronto

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 18 condos in the Corktown - Toronto area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    42
    Units were Rented over the past twelve months

    Best Value Rank

    River City I Lofts offers the
    ?
    best value out of 18 condos in the Corktown - Toronto neighbourhood

    Appreciation Rank

    River City I Lofts has the
    ?
    highest ROI out of 18 condos in the Corktown - Toronto neighbourhood

    Rental Yield

    River City I Lofts yields the
    ?
    highest rent prices out of 18 condos in the Corktown - Toronto neighbourhood

    High Demand

    River City I Lofts is the
    ?
    most popular building out of 18 condos in the Corktown - Toronto neighbourhood

    Transaction Insights at 51 Trolley Crescent

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$485,000 - $725,000$596,000 - $795,000$960,000 - $1,415,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$965$935$1,322No DataNo DataNo Data
    Avg. Wait for Unit Availability182 Days24 Days77 Days67 Days173 Days680 DaysNo Data
    Ratio of Units in Building5%57%22%13%5%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Corktown - Toronto