25 Richmond St E 3304
Church-Yonge Corridor, Downtown Toronto, M5C 0A6
FOR SALE
$649,000
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BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
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Property Description
Luxurious Yonge + Rich Condo, 568 Sf Large Balcony (161Sf) 1 Bedroom + Den with Open South View of the Lake Ontario, Open Concept Living/Dining/Kitchen Space, Floor to Ceiling Windows, Engineered Hardwood Floors Throughout, Luxury Amenities: Gym, Outdoor Pool, Yoga Room, Rooftop Deck with BBQ, Billiards, Concierge, etc. Located in Downtown, Steps to Queen Station, Eaton Centre, Financial District, Entertainment District, St. Michael's Hospital, Restaurants, etc.
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Extras
Stainless Steel Fridge, Stove, Microwave & Rang Hood, Washer, Dryer, Window Coverings, Built-in Dishwasher, One Locker, All Existing Electric Light Fixtures.
Nearby Intersections
Adelaide & Church (28)
Yonge & Queen (34)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,040 (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 |
|---|---|---|---|
| Kitchen | Main | 19.32' x 11.58' | Combined W/Dining, Modern Kitchen, Hardwood Floor |
| Dining | Main | 19.32' x 11.58' | Combined W/Kitchen, Hardwood Floor, Window Flr to Ceil |
| Living | Main | 19.32' x 11.58' | W/O To Balcony, Hardwood Floor, Combined W/Dining |
| Br | Main | 9.58' x 10.99' | Hardwood Floor, Window Flr to Ceil, Closet |
| Den | Main | 4.76' x 8.43' | Sliding Doors, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Richmond St E 3304 is a 1-bedroom 1-bathroom condo listed for sale at $649,000, which is $86,137 (15.3%) higher than the average sold price of $562,863 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $6,430 (1.1%) compared to the previous 30 day period (October 18 - November 16) and down $22,163 (3.8%) from the same time one year ago.Inventory Change
There were 886 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 31.7% compared with the previous 30 day period (October 18 - November 16) and up 19.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,552) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,650 decrease compared to the previous 30 day period (October 18 - November 16) and ($14,925) 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 (November 17 - December 16) stood at 51.2%, up from 47.2% over the previous 30 days (October 18 - November 16) and down from 54.9% 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 (November 17 - December 16), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Gold Pacific Realty Inc.
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