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    Toronto / Downtown / Distillery District

    1508 - 70 Distillery Lane

    For SaleClear Spirit Condos
    $899,000
    2 Beds
    2 Bath
    1 Parking
    800 SQFT
    49 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $869/mth
    Taxes:
    $3,991 (2024)
    Cost Per Sqft:
    $1,124/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South West
    Possession Date:
    November 4, 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
    Other
    Heating
    Fan Coil

    Room Dimensions

    Living
    Open Concept, Sw View, Windows Floor to Ceiling
    9.32 x 17.95ft
    Dining
    Open Concept, Sw View, Windows Floor to Ceiling
    9.32 x 17.95ft
    Kitchen
    Open Concept, Sw View, Centre Island
    7.12 x 17.98ft

    About this Listing

    Discover Distillery District's Crown Jewel Loft, in this rarely available 2-bedroom, 2-bathroom South/West corner unit! Functional & stylish, sun-drenched living space that offers breathtaking, panoramic views from floor-to-ceiling windows, showcasing the sparkling lake, & vibrant cityscape. A stunning 375 square foot wrap-around terrace that spans the entire unit perfect for al fresco dining, entertaining, or simply soaking in the skyline. This exciting home features a smart split-bedroom layout & is packed with luxurious upgrades. Enjoy the custom designer kitchen island, custom blinds, designer light fixtures and built in desk, bed & cabinets. The condos top-tier amenities include a rooftop pool, BBQ area, cozy fire pits, yoga studio, games & media room. Unbeatable convenience, walk to transit, shopping, supermarket & Sugar Beach. Future Ontario Line subway stop nearby & impressive development of the waterfront is underway.

    ExtrasAmazing amenities include concierge, guest suites, gym, theatre, cabanas, rooftop terrace, BBQ area, outdoor pool, hot tub, sauna, steam room and visitor parking.

    sotheby`s international realty canadaMLS® #C10405593

    Amenities

    Concierge
    Outdoor Pool
    Bike Storage
    Rooftop Deck
    Sauna
    Games Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    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
    5,533
    Average Individual Income
    $65,701
    Average Household Size
    3 persons
    Average Age
    49
    Average Household Income
    $100,783
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    19%
    65+
    16%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Semi Detached
    32%
    Detached
    17%
    Low Rise Apartment
    3%
    Duplex
    1%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    81%
    Mandarin
    12%
    Arabic
    2%
    Telugu
    1%
    Portuguese
    1%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    43%
    High School
    23%
    College
    15%
    None
    11%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Math & Computer Sciences
    11%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Clear Spirit Condos vs The Distillery District Area

    Building Trends At Clear Spirit Condos

    Days on Strata

    Units at Clear Spirit Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    below
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Distillery District

    Turnover of Units

    On average, each unit is owned for
    6.6
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 7 condos in the Distillery District area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    39
    Units were Rented over the past twelve months

    Best Value Rank

    Clear Spirit Condos offers the
    ?
    best value out of 7 condos in the Distillery District neighbourhood

    Appreciation Rank

    Clear Spirit Condos has the
    ?
    highest ROI out of 7 condos in the Distillery District neighbourhood

    Rental Yield

    Clear Spirit Condos yields the
    ?
    highest rent prices out of 7 condos in the Distillery District neighbourhood

    High Demand

    Clear Spirit Condos is the
    ?
    most popular building out of 7 condos in the Distillery District neighbourhood

    Transaction Insights at 70 Distillery Lane

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$527,500 - $600,000$615,000$795,000 - $1,300,000$1,765,000No Data
    Avg. Cost Per Sqft$1,034$1,091$998$1,156No Data
    Avg. Wait for Unit Availability33 Days124 Days53 Days2765 DaysNo Data
    Ratio of Units in Building45%15%39%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in Distillery District