The Memphis Condos
Toronto Real Estate News: Selling prices, real estate listings and property values at The Memphis Condominium, 942 Yonge Street in dowtown Toronto
Cameron Weir and Scott Hanton are constantly helping condo buyers and condo sellers all over the Bloor Yorkville neighbourhood in downtown Toronto. After years and years of invaluable experience with all of our cherished 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 sellers in the area. Here are just a few recent listings within walking distance from Yonge and Bloor.
And click HERE to see all of our latest condo listings.
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, MTCC 1019. 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.
During August and September 2016, five condo suites sold at 942 Yonge Street.
About halfway up the 942 Yonge condo building, a one bedroom condo unit, facing north, sold for $380,000. There was a parking spot but no storage locker with this sale. The monthly condo fee at The Memphis for the owners of this suite was $453.00.
On a very low floor at 942 Yonge Street, a one bedroom suite sold for $400,000. It was about 683 square feet and did not come with a locker, nor a parking spot.
On the penthouse level at The Memphis, 942 Yonge Street, a one bedroom plus den suite sold for $420,000. This unit faced north west and included a parking spot but no storage locker.
And on a low floor, another one bedroom plus den suite sold for $433,000. The monthly condo maintenance fee was $515 and the sale included a parking spot but no storage locker.
And finally at 942 Yonge, another one bedroom plus dens suite was sold for $445,000 on a low floor. This sale included locker and parking. The suite faced south and was more than 600 square feet.
There are a wide variety of suites and floor plans and square footages at 942 Yonge Street. To determine an exact price for a certain suite at 942 Yonge, 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.
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