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    Toronto / Downtown / Corktown - Toronto

    624 - 51 Trolley Cres

    For SaleRiver City I Lofts
    $499,900
    1 Bed
    1 Bath
    0 Parking
    546 SQFT
    10 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $345/mth
    Taxes:
    $1,939 (2024)
    Cost Per Sqft:
    $916/sqft
    Locker:
    None
    Outdoor Space:
    Juliet Balcony
    Exposure:
    North
    Possession Date:
    60/90 days
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Combined with Living, Hardwood Floor, Large Window
    12.24 x 17.23ft
    Living
    Combined with Kitchen, Juliette Balcony, Large Window
    12.24 x 17.23ft
    Bedroom
    Closet, Hardwood Floor
    12.66 x 10.3ft

    About this Listing

    Welcome to 624 at 51 Trolley Crescent, a charming home nestled in the heart of Corktown, one ofToronto's oldest and most vibrant neighbourhoods. This cozy abode boasts a functional layout with9-foot ceilings and hardwood floors throughout, offering both comfort and style. Convenience is atyour fingertips with easy access to TTC, parks, shops, restaurants, and the renowned DistilleryDistrict, all just steps away. Enjoy the cultural richness of Corktown, home to a diverse communityof artists, entrepreneurs, and professionals. Despite its downtown location, you'll find tranquilityin nearby green spaces like Corktown Commons Park, where you can savour skyline views and water front serenity.

    ExtrasGreat investment opportunity in Toronto's thriving real estate market! With ongoing revitalization IN Corktown, expect long - term value appreciation and steady rental demand.

    the agencyMLS® #C9461905

    Amenities

    Bike Storage
    Concierge
    Outdoor Pool
    Rooftop Deck
    Games Room
    BBQs Allowed

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    18%
    65+
    18%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    2%
    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%

    Price Trends

    Maintenance Fees

    River City I Lofts vs The Corktown - Toronto Area

    Building Trends At River City I Lofts

    Days on Strata

    Units at River City I Lofts spend an average of
    25
    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
    compared to other buildings in Corktown - Toronto

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 18 condos in the Corktown - Toronto area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    44
    Units were Rented over the past twelve months

    Best Value Rank

    River City I Lofts offers the
    ?
    best value out of 18 condos in the Corktown - Toronto neighbourhood

    Appreciation Rank

    River City I Lofts has the
    ?
    highest ROI out of 18 condos in the Corktown - Toronto neighbourhood

    Rental Yield

    River City I Lofts yields the
    ?
    highest rent prices out of 18 condos in the Corktown - Toronto neighbourhood

    High Demand

    River City I Lofts is the
    ?
    most popular building out of 18 condos in the Corktown - Toronto neighbourhood

    Transaction Insights at 51 Trolley Crescent

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$470,000 - $725,000$596,000 - $795,000$960,000 - $1,415,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$972$935$1,322No DataNo DataNo Data
    Avg. Wait for Unit Availability182 Days25 Days77 Days66 Days173 Days680 DaysNo Data
    Ratio of Units in Building5%56%22%13%5%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Corktown - Toronto