Property values for condos at 35 Balmuto St, The Uptown Condominium Residences in downtown Toronto
The Weir Team has had years of wonderful success in Bloor Yorkville real estate. Cameron Weir and Scott Hanton continue to be proud owners of condos in this increasingly exciting and valuable neighbourhood, just steps from Yonge Bloor subway station.
Property values of resale condos in this area of downtown Toronto are clearly of paramount importance as it certainly would be to owners and investors at The Uptown Residences, 35 Balmuto Street. The last few years have seen a sporadic increase and decrease in average selling prices as you’ll see below.
Here are just a few of the condos we’ve recently sold in the Yonge-Bloor-Yorkville area:
And click HERE to see all of the latest condos the Cameron Weir and Scott Hanton have sold.
Some of our more favourite transactions occurred helping buyers, sellers, landlords, tenants and investors on the dramatically changed Balmuto Street.
Balmuto Street has undergone tremendous change with the arrival of two very different condo towers. Just steps from the Manulife Centre and all the best of Yorkville and Bloor Street’s so-called Mink Mile of shopping, resale condos on Balmuto Street have done very well.
Let’s zero in and take a closer look at actual selling prices and property values at 35 Balmuto Street. These sales occurred in March 2016.
A south facing one bedroom suite on a lower floor sold for $420,800. The suite was less than 900 square feet and the sale did not include locker or parking.
About halfway up the tower, a two bedroom, two bathroom suite sold for $643,000. This suite was about 825 square feet and faced north. The selling price included a locker and parking spot. The monthly fee was $862.00.
Another two bedroom, two bathroom condo suite at 35 Balmuto Street sold for $689,000. This suite was a few floors lower and faced west. The sale included a storage locker and an underground parking spot. The condo unit was about 850 sq ft.
On a higher floor, a large two bedroom plus den was sold for $835,000 at 35 Balmuto Street in downtown Toronto. This suite was a southeast facing corner suite and was about 1012 square feet plus a 565 square foot balcony. There was a storage locker and underground parking spot.
On a high floor at the Uptown Condo building at 35 Balmuto, a large 2 bedroom, 2 bathroom suite was sold for $1,030,000. This sale include a storage locker and an underground owned parking space. The suite was about 1250 square feed and was on a south east corner.
Remember there are all sorts of factors that determine the value of your specific suite. The numbers above are only general averages. Let us know if you’d like to see specifics on exposure, views, level, locker, square footage, etc.
For superior service and terrific real estate results make sure to contact Scott Hanton or Cameron Weir to find out just how profitable we can make your move on Balmuto Street or with any Bloor Yorkville real estate. Whether pre-construction or resale condos, The Weir Team loves being the first and best choice for many real estate sellers and buyers. We have years of experience and a very long list of very happy clients.