199 Richmond St W 318
Waterfront Communities C1, Downtown Toronto, M5V 0H4
FOR SALE
$599,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC11884446
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Property Description
Exceptional 1+ Den Residence in the Heart of Toronto! This extraordinary 1+ den residence offers a seamless blend of style and functionality, making it the perfect urban oasis. The spacious DEN is ideal for those seeking flexibility easily transform it into a cozy SECOND BEDROOM, accommodating guests or creating a dedicated home office.Step inside to discover a bright, open-concept layout that maximizes space and natural light. The modern kitchen flows effortlessly into the living area, creating an inviting atmosphere perfect for both relaxation and entertaining. Enjoy your morning coffee or unwind after a busy day on your expansive balcony, where you can soak in the vibrant city views.With two full bathrooms, this condo ensures comfort and convenience for you and your guests. Located just steps from world-class shopping, dining, and entertainment, youll have the best of Toronto at your fingertips. Dont miss the chance to experience city living at its finest this remarkable space is waiting to be your new home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-30 | 2025-01-04 | 66 | $2,550 | - | Terminated |
| 2024-10-11 | 2024-12-06 | 56 | $659,000 | - | Terminated |
| 2024-09-09 | 2024-10-30 | 51 | $2,925 | - | Terminated |
| 2024-09-09 | 2024-10-11 | 32 | $788,000 | - | Terminated |
| 2019-11-13 | 2019-11-30 | 17 | $2,450 | $2,450 | Leased |
| 2019-10-03 | 2019-11-13 | 41 | $2,650 | - | Terminated |
| 2019-10-03 | 2019-12-05 | 63 | $699,900 | - | Terminated |
Extras
**Den can be used as a second bedroom** Right next to Osgoode Subway, Queen Streets eclectic shopping scene, the bustling Eaton Centre, the historic Royal Alex Theatre, and an array of dining options that cater to every one.
Nearby Intersections
Property Features
Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,290 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.09' x 18.11' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Main | 11.09' x 18.11' | Laminate, Combined W/Living, Window Flr to Ceil |
| Kitchen | Main | 11.09' x 18.11' | Laminate, Combined W/Dining, Open Concept |
| Prim Bdrm | Main | 9.12' x 9.09' | Laminate, 4 Pc Ensuite, Large Window |
| Den | Main | 7.12' x 9.68' | Laminate, 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
199 Richmond St W 318 is a 1-bedroom 2-bathroom condo listed for sale at $599,000, which is $35,310 (6.3%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) more 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 1-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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