25 Richmond St E 1509
Church-Yonge Corridor, Downtown Toronto, M5C 0A6
FOR SALE
$635,000
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Property Description
Welcome To Yonge & Richmond, Where You Can Experience Unparalleled Luxury High Above The Bustling Financial District. This Stunning 1-Bedroom Plus Media Unit Boasts 552 Square Feet, Complemented By An Oversized 165-Square-Foot Balcony Offering Breathtaking Southern Views. Enjoy Floor-To-Ceiling Windows, Gourmet Kitchens, And Spa-Like Bathrooms. The Kitchen Features Built-In Appliances, A Sleek Stone Countertop, And A Ceramic Backsplash, While Beautiful Hardwood Flooring Flows Throughout The Space. The Primary Bedroom Includes A Double Closet With Built-In Organizers For Optimal Storage. Embrace The Very Best Of City Living, Just Steps Away From The Subway, PATH, Eaton Centre, U Of T, And The Financial And Entertainment Districts. This Residence Is Distinctively And Elegantly Appointed, Providing A Truly Private Oasis.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-06 | 2023-09-09 | 4 | $2,600 | $2,600 | Leased |
| 2021-05-23 | 2021-05-30 | 8 | $1,850 | $1,850 | Leased |
Extras
Experience A New Standard In Exclusive Living With State Of Art Amenities. Enjoy An Outdoor Swimming Pool, Hot Plunge, BBQ Area, Yoga & Pilates Room, His And Her Steam Rooms, Billiards, Fitness Room, And Stylish Kitchen Dining & Bar Lounge
Nearby Intersections
Adelaide & Church (34)
Yonge & Queen (38)
Property Features
Arts Centre, Hospital, Place Of Worship, Public Transit, River/Stream, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,750 (2024)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None (0)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Richmond St E 1509 is a 1-bedroom 1-bathroom condo listed for sale at $635,000, which is $64,169 (11.2%) higher than the average sold price of $570,831 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,245 (0.2%) compared to the previous 30 day period (September 23 - October 22) and down $18,306 (3.1%) from the same time one year ago.Inventory Change
There were 1,217 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 3.1% compared with the previous 30 day period (September 23 - October 22) and down 5.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,815) (1.7%) below asking price over the last 30 days (October 23 - November 21), which represents a $2,467 increase compared to the previous 30 day period (September 23 - October 22) and ($13,538) 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 (October 23 - November 21) stood at 50.3%, up from 44.5% over the previous 30 days (September 23 - October 22) and up from 34.3% 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 31 days when successfully sold over the last 30 days (October 23 - November 21), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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