25 Richmond St E 1113
Church-Yonge Corridor, Downtown Toronto, M5C 0A6
FOR SALE
$608,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Luxury Yonge + Rich Condo located next to The Financial District. One Bedroom + Den offers upgraded Kitchen Cabinets & Finishes with Laminate Flooring Throughout. Conveniently Located in Downtown Core just steps away from Queen Station, Eaton Centre, Financial District, Entertainment District, St. Michaels Hospital, The Underground PATH, Restaurants and Walking Distance to TMU and U of T. Amazing Amenities: Gym, Yoga Room, Outdoor Pool, Pool Side Lounge, Rooftop Deck with BBQ, Meeting & Work Area, Billiards, Concierge and More!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-04-27 | 2021-05-06 | 9 | $1,850 | $1,850 | Leased |
Extras
Stainless Steel Fridge, Stove, Microwave & Range Hood, Built-in Dishwasher, Washer & Dryer. All Existing Light Fixtures and Window Coverings. Built-in Closet Organizers.
Nearby Intersections
Adelaide & Church (27)
Yonge & Queen (34)
Property Features
Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,611 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.10' x 16.60' | Laminate, Open Concept, W/O To Balcony |
| Dining | Flat | 10.10' x 16.60' | Laminate, Open Concept, Combined W/Kitchen |
| Kitchen | Flat | 10.10' x 16.60' | Laminate, Stainless Steel Appl |
| Prim Bdrm | Flat | 10.10' x 10.60' | Laminate, Large Window, Large Closet |
| Den | Flat | 6.30' x 5.02' | Laminate, Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Richmond St E 1113 is a 1-bedroom 1-bathroom condo listed for sale at $608,000, which is $39,861 (7.0%) higher than the average sold price of $568,139 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,741 (1.0%) compared to the previous 30 day period (July 21 - August 19) and down $46,514 (7.6%) from the same time one year ago.Inventory Change
There were 1,512 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 20 - September 18), which is up 18.8% compared with the previous 30 day period (July 21 - August 19) and up 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,027) (1.8%) below asking price over the last 30 days (August 20 - September 18), which represents a $2,120 decrease compared to the previous 30 day period (July 21 - August 19) and ($7,870) 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 1-bedroom condos in Downtown Toronto over the last 30 days (August 20 - September 18) stood at 33.5%, down from 38.0% over the previous 30 days (July 21 - August 19) and down from 37.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (August 20 - September 18), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Broadway Realty Inc.
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