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    1401 - 51 Trolley Crescent

    For SaleRiver City I Lofts
    $569,990
    1 Bed
    1 Bath
    0 Parking
    646 SQFT
    18 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Cost Per Sqft:
    $882/sqft
    Maintenance Fees:
    $473/mth
    Taxes:
    $2,045 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    Immediately
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Ground Source
    Heating
    Heat Pump
    Ensuite Laundry
    No

    Room Dimensions

    Foyer
    Hardwood Floor, Walk-in Closet
    6 x 6ft
    Living
    Hardwood Floor, Combined with Dining, Walkout To Balcony
    22.84 x 11.84ft
    Dining
    Hardwood Floor
    22.84 x 11.84ft

    About this Listing

    Excellent value! $882/sf. An architectural triumph by acclaimed Saucier + Perotte Architectes, Urban Capital & Waterfront Toronto. River City Phase 1 is situated on the lower eastern edge of downtown in the desirable Corktown & The West Donlands neighborhoods. Very well connected to Riverside, Leslieville, Distillery District, St. Lawrence Market, Corktown Commons Park, Don River Valley Park & Toronto's Waterfront Trail System & TTC 504A/504B/501. A modern loft style apartment showcasing approximately 646 sf of very usable interior space & a 48 sf balcony, spacious 1 bedroom, 1 bath, 9 ft exposed concrete ceilings, galvanized spiral duct, walnut hardwood floor throughout, modern kitchen featuring s/s appliances, quartz countertop, a fully tiled spa inspired baths featuring soaker tub large vanity & vanity mirror and ensuite laundry showcasing upgraded Bosch side by side washing machine & clothes dryer (2 separate machines). 1 locker & 2 bike racks included.

    ExtrasThe building features 24hr security, a well equipped gym, large party room featuring lounge, bar, kitchen, dining area, comfortable guest suite, outdoor pool, sun deck & outdoor grilling area.

    pope real estate limitedMLS® #C8219946


    Amenities

    Party Room
    Concierge
    Outdoor Pool
    Gym Room
    Guest Suites
    Media Room

    Nearby Amenities

    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.

    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
    Household Income
    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%

    Days on Strata

    Units at River City I Lofts spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 14 condos in the Corktown area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    39
    Units were Rented over the past twelve months

    Best Value Rank

    River City I Lofts offers the
    ?
    best value out of 14 condos in the Corktown neighbourhood

    Appreciation Rank

    River City I Lofts has the
    ?
    highest ROI out of 14 condos in the Corktown neighbourhood

    Rental Yield

    River City I Lofts yields the
    ?
    highest rent prices out of 14 condos in the Corktown neighbourhood

    High Demand

    River City I Lofts is the
    ?
    most popular building out of 14 condos in the Corktown neighbourhood

    Transaction Insights at 51 Trolley Crescent

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$405,000$470,000 - $725,000$613,000 - $795,000$815,000 - $1,100,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,301$993$984$946No DataNo DataNo Data
    Avg. Wait for Unit Availability174 Days25 Days76 Days65 Days143 Days680 DaysNo Data
    Ratio of Units in Building5%58%20%13%6%1%1%

    Maintenance Fees

    River City I Lofts vs The Corktown Area

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