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    Toronto / Downtown / CityPlace

    506 - 25 Telegram Mews

    For SaleMontage
    $609,000
    1 Bed + 1
    1 Bath
    1 Parking
    554 SQFT
    83 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $442/mth
    Taxes:
    $2,403 (2024)
    Cost Per Sqft:
    $1,099/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    November 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Laminate, Built-in Closet, 4 Piece Bath
    10.37 x 7.22ft
    Living
    Laminate, Combined with Den, Large Window
    16.24 x 12.27ft
    Den
    Combined with Living, Laminate
    16.24 x 12.27ft

    About this Listing

    *PARKING!*BRAND NEW SS APPLIANCES!*NEW CARPET IN BEDROOM!!* Step into this well-maintained corner unit, featuring a versatile 1+1 bedroom layout and a modern 4pc bathroom with underground parking included. The thoughtful design maximizes natural light, creating a bright and inviting atmosphere. You'll enjoy the brand-new, never-used stainless steel LG appliances and the brand new fresh, plush carpet in the bedroom. The additional den area is perfect for a home office setup. Residents of The Montage have access to loads of premium amenities, including a state-of-the-art gym, indoor pool, concierge, a party room, a terrace, a games room, and more. Situated in an unbeatable location, you're just steps away from the excitement of a Jays game at the SkyDome or a concert at Scotiabank Arena. Savour world-class dining at nearby Michelin Star restaurants and enjoy effortless commuting with easy access to GO Transit and TTC. Don't miss out on this exceptional opportunity to experience downtown living at its finest!

    re/max hallmark realty ltd.MLS® #C9376113

    Amenities

    Concierge
    Indoor Pool
    Rooftop Deck
    Security System
    Games Room
    Gym Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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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
    0 - 14
    14%
    20 - 34
    31%
    35 - 49
    20%
    50 - 64
    16%
    65+
    15%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    4%
    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%

    Price Trends

    Maintenance Fees

    Montage vs The CityPlace Area

    Building Trends At Montage

    Days on Strata

    Units at Montage spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in CityPlace

    Turnover of Units

    On average, each unit is owned for
    6.4
    YEARS before being sold again

    Property Value

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

    Price Ranking

    20th
    Highest price per SQFT out of 29 condos in the CityPlace area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    81
    Units were Rented over the past twelve months

    Best Value Rank

    Montage offers the
    ?
    best value out of 29 condos in the CityPlace neighbourhood

    Appreciation Rank

    Montage has the
    ?
    highest ROI out of 29 condos in the CityPlace neighbourhood

    Rental Yield

    Montage yields the
    ?
    highest rent prices out of 29 condos in the CityPlace neighbourhood

    High Demand

    Montage is the
    ?
    most popular building out of 29 condos in the CityPlace neighbourhood

    Transaction Insights at 25 Telegram Mews

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$510,000 - $540,000$455,000 - $670,000$710,000$755,000 - $1,220,000
    Avg. Cost Per SqftNo Data$966$961$1,075$975
    Avg. Wait for Unit AvailabilityNo Data96 Days23 Days129 Days42 Days
    Ratio of Units in Building2%15%52%11%23%

    Transactions vs Inventory

    Total number of units listed and sold in CityPlace