Skip to main

    1005 - 50 Lombard St

    For SaleThe Indigo
    $560,000
    1 Bed
    1 Bath
    1 Parking
    700 - 799 SQFT
    3 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $998/mth
    Taxes:
    $2,339 (2024)
    Cost Per Sqft:
    $701 - $800/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North West
    Possession Date:
    February 13, 2025
    Laundry:
    Main
    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
    No Data
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Built-in Dishwasher, Built-in Stove, Combined with Laundry
    10.2 x 6.89ft
    Bedroom
    Double Closet, Large Window, Carpet
    13.19 x 10.83ft
    Living
    Ceramic Floor, Large Window, Open Concept
    11.55 x 9.97ft

    About this Listing

    Discover a rare gem in downtown Toronto. This spacious one-bedroom apartment boasts 745 sqft (a rare find for downtown units). The separate space with a glass enclosure and window can be used as a second bedroom/den space/office space/rec room. It comes with its own parking and locker. Located in the sought after Indigo Building, with concierge security. Enjoy unmatched convenience, steps from financial district offices, fine dining, St. Lawrence Market, Eaton Centre, the waterfront, subway stations, TTC, with easy access to the Gardiner Expressway. Nestled on quiet Lombard Street, which offers a serene escape from city life. Its layout includes large corner bedroom windows and large unobstructed windows in the living room for stunning views. Hardwood flooring in the dining room and the gourmet kitchen features built-in appliances. An incredible investment, this property offers exceptional value in an A+ location. Ideal for investors or those seeking a move-in-ready urban home. Property is being sold "as is".

    ExtrasLots of amenities for residents to enjoy such as rooftop garden patios/BBQs, gym, sauna room, game/sports room, party room, guest suite, and library/office space.

    real estate bay realtyMLS® #C11922668


    Amenities

    Visitor Parking
    Gym Room
    Media Room
    Concierge
    Rooftop Deck
    Indoor Parking

    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!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    The Indigo vs The St. Lawrence Area

    Days on Strata

    Units at The Indigo spend an average of
    58
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.8
    YEARS before being sold again

    Property Value

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

    Price Ranking

    50th
    Highest price per SQFT out of 71 condos in the St. Lawrence area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    The Indigo offers the
    ?
    best value out of 71 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    The Indigo has the
    ?
    highest ROI out of 71 condos in the St. Lawrence neighbourhood

    Rental Yield

    The Indigo yields the
    ?
    highest rent prices out of 71 condos in the St. Lawrence neighbourhood

    High Demand

    The Indigo is the
    ?
    most popular building out of 71 condos in the St. Lawrence neighbourhood

    Transaction Insights at 50 Lombard Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$515,000 - $550,000$585,000No Data$750,000
    Avg. Cost Per SqftNo Data$754$798No Data$590
    Avg. Wait for Unit AvailabilityNo Data156 Days174 Days126 Days255 Days
    Ratio of Units in Building2%25%26%28%23%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence