255 Richmond St E 1211

FOR SALE
$469,900
255 Richmond St E 1211, Downtown Toronto
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
255 Richmond St E 1211
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C11909285
MLSID
Contact Us
Property Description
This sun-filled studio features a functional open-concept layout with a spacious kitchen and ample cupboard space. Nestled in a vibrant yet peaceful neighborhood, the location offers unbeatable convenience. Steps away from the Eaton Centre, Moss Park, Ryerson University, George Brown College, and St. Lawrence Market. Just 10 minutes to The Esplanade and easy access to major highways. With a perfect 100 Transit Score and an impressive 95 Walk Score, this is city living at its finest!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-07-21 2021-08-02 12 $398,000 $398,000 Sold
2021-07-19 2021-07-21 2 $449,000 - Terminated
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Bachelor/Studio
Approximate Sq.Ft.
0-499
Taxes
$1,502 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain15.29' x 10.01'
BathroomMain4.92' x 4.49'
KitchenMain8.01' x 8.60'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
255 Richmond St E 1211 is a 0-bedroom 1-bathroom condo listed for sale at $469,900, which is $102,435 (27.9%) higher than the average sold price of $367,465 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $49,139 (11.8%) compared to the previous 30 day period (November 18 - December 17) and down $65,745 (15.2%) from the same time one year ago.
Inventory Change
There were 53 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is up 10.4% compared with the previous 30 day period (November 18 - December 17) and up 60.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($9,034) (2.5%) below asking price over the last 30 days (December 18 - January 16), which represents a $2,805 increase compared to the previous 30 day period (November 18 - December 17) and ($16,026) 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 30.2%, down from 43.8% over the previous 30 days (November 18 - December 17) and down from 57.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 36 days when successfully sold over the last 30 days (December 18 - January 16), compared to 95 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Nrc Realty
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