199 Richmond St W 1402
Waterfront Communities C1, Downtown Toronto, M5V 0H4
FOR SALE
$799,990
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Property Description
Luxury 2-Bed, 2-Full Bath Corner Unit In The Heart Of Downtown Financial And Entertainment District With Open Concept Layout. 9 Ceilings Floor-To-Ceiling Windows With Unobstructed Breathtaking NE City View. Modern European-Style Kitchen Features Quartz Countertops, Built-In Miele Appliances, A Backsplash, And A Moveable Centre Island. Laminate Flooring, A 70 Sq. Ft. Balcony. Fabulous Amenities Including: 24 Hrs Concierge, Gym / Exercise Room, Sauna, BBQ, Outdoor Hot Tub, Party Room, Meeting/Function Room, Games/Recreation Room & Rooftop Garden. Doorsteps From Subway And Bus Stations. 7min Drive To DVP. Nearby City Hall, U Of T, TMU, Restaurants, Theater, Sport Events, Attractions, Parks, Shopping, Hospitals And More.
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Nearby Intersections
Property Features
Arts Centre, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,898 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 20.73' x 10.30' | Laminate, Combined W/Dining, Open Concept |
| Dining | Main | 20.73' x 10.30' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Main | 20.73' x 10.30' | Modern Kitchen, Open Concept, Centre Island |
| Prim Bdrm | Main | 10.24' x 8.99' | Laminate, Window Flr to Ceil |
| 2nd Br | Main | 8.56' x 9.97' | Laminate, Window Flr to Ceil |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
199 Richmond St W 1402 is a 2-bedroom 2-bathroom condo listed for sale at $799,990, which is $43,389 (5.7%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Smart Sold Realty
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