Maintenance Fees
Optima vs The CityPlace Area
$697,0001 bd1 ba1 pk700 sqft
For SaleOptima
5.0
60 Days on Strata
$697,000
1 Bed + 1
1 Bath
1 Parking
700 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$675/mth
Taxes:
$2,668 (2024)
Cost Per Sqft:
$996/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
East
Possession Date:
To Be Determined
Laundry:
Ensuite
Amenities
Bike Storage
Indoor Pool
Media Room
BBQs Allowed
Guest Suites
Sauna
Gym Room
Visitor Parking
Indoor Parking
Games Room
Party Room
Concierge
About this Listing
City lovers, this ones for you! Just steps from the Rogers Centre, this unit was freshly renovated in 2023 and includes a new kitchen and bathroom as well as brand new appliances and aesthetic updates throughout. A parking spot and a storage locker are also included. Overlooking a peaceful courtyard, its a rare find in the heart of downtown Toronto. Perfectly located for catching a game, enjoying world-class dining and shopping at King/Queen West and The Well, or simply stopping home for a quick refresh between outings. This impeccably maintained building features updated amenities, including a pool, sauna, and fitness center, plus top-tier security. With Union Station, Billy Bishop Airport, UP Express, and the Gardiner Expressway all close by, commuting couldn't be easier. Ample visitor parking and a convenient courtyard for quick drop-offs and deliveries add to the appeal. Best of all, utilities are included in the maintenance fees!
ExtrasStainless Steel Dishwasher, Cooktop, Vented Microwave, Stainless Steel Fridge, Stackable Washer and Dryer. All Window Coverings and Light Fixutres.
century 21 united realty inc.MLS® #C11958695
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Living
12.01 x 10.99ft
Dining
13.42 x 9.19ft
Kitchen
8.01 x 7.51ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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10/10
Transit
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7/10
Bikeability
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
10,897
Average Individual Income
$60,210
Average Household Size
3 persons
Average Age
46
Average Household Income
$103,882
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
54%
Detached
33%
Semi Detached
6%
Low Rise Apartment
2%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
74%
Mandarin
13%
Cantonese
7%
Telugu
2%
Arabic
1%
Tagalog
1%
Spanish
1%
Hindi
1%
Education
University and Above
46%
High School
21%
College
13%
None
11%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
27%
Architecture & Engineering
20%
Math & Computer Sciences
11%
Health & Related Fields
10%
Social Sciences
10%
Humanities
6%
Physical Sciences
4%
Education
3%
Personal, Protective & Transportation Services
2%
Visual & Performing Arts
2%
Building Trends At Optima
Days on Strata
Units at Optima spend an average of
18
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in CityPlace
Turnover of Units
On average, each unit is owned for
5.5
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
12th
Highest price per SQFT out of 31 condos in the CityPlace area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
49
Units were Rented over the past twelve months
Best Value Rank
Optima offers the best value out of 31 condos in the CityPlace neighbourhood
?
Appreciation Rank
Optima has the highest ROI out of 31 condos in the CityPlace neighbourhood
?
Rental Yield
Optima yields the highest rent prices out of 31 condos in the CityPlace neighbourhood
?
High Demand
Optima is the most popular building out of 31 condos in the CityPlace neighbourhood
?
Market Insights
Transaction Insights at Optima
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | No Data | $606,000 - $738,000 | No Data | $870,000 - $1,050,000 | $1,330,000 |
| Avg. Cost Per Sqft | No Data | No Data | $1,003 | No Data | $971 | $932 |
| Price Range | No Data | $2,400 - $2,550 | $2,450 - $3,100 | $3,550 | $3,250 - $5,200 | No Data |
| Avg. Wait for Unit Availability | No Data | 178 Days | 39 Days | No Data | 44 Days | 1091 Days |
| Avg. Wait for Unit Availability | No Data | 170 Days | 19 Days | 472 Days | 19 Days | 2524 Days |
| Ratio of Units in Building | 1% | 9% | 46% | 2% | 45% | 1% |
Market Inventory
Total number of units listed and sold in CityPlace
