25 Richmond St E 3004
Church-Yonge Corridor, Downtown Toronto, M5C 0A6
FOR SALE
$649,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
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Property Description
Open South View Of "The Lake Ontario"~~!! Luxurious Yonge+Rich Condos! 1 Br + Den 568 Sqft + 161 Sqft Oversized Balcony With Soaring Ceiling, Modern Kitchen Floor To Ceiling Windows. Open Concept Living/Dining/Kitchen Space In Elegant Finishes, Engineered Hardwood Floors Throughout And Quartz Counters/Backsplashes. Bright Primary Bedroom With Walk-In Closets. Large Den For Home Office. Spacious Bathroom With Medicine Cabinet And Spa-Inspired Shower Hardware. Pamper Yourself With Luxury Amenities, Including A Gym And An Outdoor Pool. Embrace The Very Best Of The City. Easy Access To Subway, The Path, Eaton Centre, U of T , TMU (Ryerson University), St Lawrence Market, Financial + Entertainment District.
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Extras
Stainless Steel Fridge, Stove, Microwave & Range Hood, Washer, Dryer, Window Coverings, Built-In Dishwasher, One Locker, All Existing Electric Light Fixtures.
Nearby Intersections
Adelaide & Church (30)
Yonge & Queen (35)
Property Features
Hospital, Public Transit, Rec Centre, Sloping
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Property Details
Street
Community
City
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
500-599
Taxes
$2,658 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Richmond St E 3004 is a 1-bedroom 1-bathroom condo listed for sale at $649,000, which is $77,542 (13.6%) higher than the average sold price of $571,458 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $692 (0.1%) compared to the previous 30 day period (July 30 - August 28) and down $46,879 (7.6%) from the same time one year ago.Inventory Change
There were 1,678 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 39.9% compared with the previous 30 day period (July 30 - August 28) and up 6.9% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,783) (1.9%) below asking price over the last 30 days (August 29 - September 27), which represents a $2,215 decrease compared to the previous 30 day period (July 30 - August 28) and ($7,993) 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 29 - September 27) stood at 29.3%, down from 43.9% over the previous 30 days (July 30 - August 28) and up from 28.1% 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 32 days when successfully sold over the last 30 days (August 29 - September 27), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Home Standards Brickstone Realty
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