255 Richmond St E 415
Moss Park, Downtown Toronto, M5A 4T7
FOR SALE
$529,900
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Property Description
Welcome To Space Lofts! Amazing two-storey, 1-bedroom loft with exposed concrete and soaring 17' windows! True loft living with tons of natural light, open concept living and dining, upgraded flooring throughout, updated kitchen with quartz counters and brand new stainless steel appliances, and the preferred North view overlooking the city! Private primary retreat on the upper level overlooks your living area with a spa-like renovated ensuite bath. Well managed building, walking distance to St Lawrence Market, Distillery District, Eaton Centre, George Brown, King and Queen streetcars steps away, quick stroll to the Financial District, and a stone's throw from a new Ontario Line station. Oh, and heat/hydro/water all included in your low condo fees! Come and get it.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-11 | 2024-11-25 | 14 | $539,900 | - | Terminated |
| 2024-10-01 | 2024-11-11 | 41 | $549,900 | - | Terminated |
Extras
Cool mid-rise building with 24-hr concierge, gym, saunas, party room, guest suite, and visitor parking. All inclusive condo fees cover heat/hydro/water.
Nearby Intersections
Adelaide & Jarvis (22)
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
500-599
Taxes
$2,153 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.84' x 16.01' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Main | 9.84' x 16.01' | Laminate, Combined W/Living, North View |
| Kitchen | Main | 9.84' x 8.01' | Stone Floor, Quartz Counter, Stainless Steel Appl |
| Br | 2nd | 10.76' x 11.25' | Laminate, 4 Pc Ensuite, Large Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
255 Richmond St E 415 is a 1-bedroom 1-bathroom condo listed for sale at $529,900, which is $42,560 (7.4%) lower than the average sold price of $572,460 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,096 (0.9%) compared to the previous 30 day period (September 27 - October 26) and down $22,385 (3.8%) from the same time one year ago.Inventory Change
There were 1,176 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 27 - November 25), which is down 9.4% compared with the previous 30 day period (September 27 - October 26) and up 0.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,032) (1.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,566 increase compared to the previous 30 day period (September 27 - October 26) and ($14,563) 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 27 - November 25) stood at 48.7%, up from 43.3% over the previous 30 days (September 27 - October 26) and up from 37.2% 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 (October 27 - November 25), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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