Real Estate News: Selling prices, real estate listings and property values at The Memphis Condominium, 942 Yonge Street

 

Cameron Weir and Scott Hanton are constantly helping condo buyers and condo sellers all over the Bloor Yorkville neighbourhood and all throughout downtown Toronto.

After years and years of invaluable experience with all of our amazing clients, Scott and Cameron have gotten to know all of the condo buildings in this amazing part of the GTA. There are so many condo buildings and condos for sale that it’s often difficult to decide which building and which location is the ideal one for you. And if you’re thinking about selling your Bloor Yorkville condo, you’ll need expert guidance from realtors who know exactly how to position your condo better than the competition.

The Weir Team has an amazing track record for condo buyers and sellers in the area. Here are just a few of the condos in the rapidly changing Yonge & Bloor neighbourhood that we’ve recently sold:

33 Charles St E – Penthouse 4601

33 Charles St E – Suite 3004

33 Charles St E – Suite 1909

33 Charles St E – Suite 1010

35 Hayden Street -Suite 1505

110 Charles St E – Suite 4002

35 Hayden Street – Suite 505

80 Charles St E – Suite 306

80 Charles St E – Suite 305

6 Wellesley Place – TH3

24 Wellesley St W – Suite 407

1001 Bay Street – Suite 1118

15 Maitland Place – Suite 912

If you’re ready to get serious about buying or selling a condo in the area, make sure to contact info@TheWeirTeam.ca for expert condo guidance.

Luckily, all of the condos in the Yonge and Bloor neighbourhood are all quite distinctive. No to Toronto condo buildings are the same. And with more and more new condos about to take occupancy, it’s important to have realtors who have their fingers on the pulse of the downtown condo real estate market. No two streets are the same. No two buildings are the same. Each one has its own vibe and selling features. One block away can make all the difference.

So here now, let’s take a look at The Memphis Condominiums. Completed in 1992, we truly love this development. It’s a wonderful option for those that don’t want the noise and crowds south of Bloor. Instead, this elegant condo building allows residents to entering with their cars from McMurrich Street in Yorkville, or stroll in through a secured gate on Yonge Street. We always make sure to bring all of our buyers through this building whenever suites are available.

However, that’s not often. There is not a lot of turnover at The Memphis Condominium, which is a great sign and something we always point out to our real estate condo buyers. Plus, you can either say you’re in Yorkville or Rosedale. Either one is justifiable.

For general information on property values at 942 Yonge Street, let’s look at average selling prices year-over-year since 2010.

Remember these are only average selling prices. There are a wide variety of suites and floor plans and square footage, so these should only be used as a rough guide. To determine an exact price for a certain suite at 942 Yonge Street, make sure to contact Scott Hanton or Cameron Weir directly. Factors such as floor number, exposure and exact market parameters need to be factored in. Values change regularly for all sorts of reasons.

Average selling prices have been pulled from The Toronto Real Estate Board’s MLS system. Data is not always available each year for all suites styles if no sales occurred.

 

2015 – 5 condo suites sold at 942 Yonge Street

2014 – 8 condo suites sold at 942 Yonge Street

2013 – 7 condo suites sold at 942 Yonge Street

2012 – 6 condo suites sold at 942 Yonge Street

2011 – 10 condo suites sold at 942 Yonge Street

2010 – 6 condo suites sold at 942 Yonge Street

 

2012 – bachelor suite with parking ($285,000)

 

2015 – 1 bedroom no parking ($383,000)

2014 – 1 bedroom no parking ($346,000)

2011 – 1 bedroom no parking ($310,000)

 

2015 – 1 bedroom with parking ($396,667)

2014 – 1 bedroom with parking ($390,000)

2013 – 1 bedroom with parking ($367,500)

2011 – 1 bedroom with parking ($351,500)

2010 – 1 bedroom with parking ($349,900)

 

2015 – 1 bedroom plus den, with parking ($415,000)

2014 – 1 bedroom plus den, with parking ($422,250)

2013 – 1 bedroom plus den, with parking ($387,500)

2012 – 1 bedroom plus den, with parking ($371,125)

2010 – 1 bedroom plus den, with parking ($376,875)

 

2012 – 2 bedrooms, 2 bathrooms, with parking ($603,000)

2011 – 2 bedrooms, 2 bathrooms, with parking ($545,000)

 

2014 – 2 bedrooms, 2 bathrooms, with 2 parking spots ($612,500)

 

2014 – 2 bedrooms plus den with 2 parking spots ($671,000)

 

2013 – 2 bedrooms plus den with 1 parking spot ($580,000)

2011 – 2 bedrooms plus den with 1 parking spot ($549,000)

 

Scott Hanton and Cameron Weir love being the go-to realtors for condos in downtown Toronto. Contact us today for any specific prices for any suite. We’re at your service for top notch real estate advice and guidance. We’re proud to work among the best real estate agents in Toronto.

Written by Scott Hanton, real estate Broker for The Weir Team. Scott can be reached directly at Scott@TheWeirTeam.ca

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