255 Richmond St E 607
Moss Park, Downtown Toronto, M5A 4T7
FOR SALE
$999,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Boutique loft building - Large loft with concrete ceilings in the Heart of Toronto! Two storey light filled corner unit condo with parking! Enjoy abundant natural light from the floor-to-ceiling south and west facing 17 ft windows with wrap around balcony. The open concept kitchen has been beautifully renovated with new S/S appliances, Quartz countertop, and breakfast bar. Bathrooms have new vanities, entire unit freshly painted and new broadloom in bedrooms, stairs and loft overlooking living room. Walk to the St Lawrence Market, enjoy a multitude of restaurants and entertainment! Easy access to DVP and transit. Residents benefit from a range of building amenities including fitness and steam rooms, a party room, a guest suite, and ample underground visitor parking to provide for an unique downtown loft living experience!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-11 | 2024-04-17 | 6 | $3,500 | $3,600 | Leased |
Extras
Secure building with concierge and visitor parking. Guest suite, party/meeting room. Unit finishes updated with new kitchen Quartz countertops, new S/S appliances, new bathroom vanities, fresh paint and broadloom.
Nearby Intersections
Adelaide & Jarvis (13)
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
900-999
Taxes
$3,498 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 8.14' x 3.54' | Hardwood Floor |
| Living | Flat | 12.01' x 15.85' | Hardwood Floor, W/O To Balcony, Window Flr To Ceil |
| Kitchen | Flat | 8.30' x 13.52' | Tile Floor, Stainless Steel Appl, Quartz Counter |
| 2nd Br | Flat | 8.37' x 7.84' | Broadloom, Closet |
| Prim Bdrm | 2nd | 10.89' x 12.11' | Broadloom, W/I Closet |
| Bathroom | 2nd | 6.14' x 7.64' | Tile Floor, 4 Pc Ensuite |
| Loft | 2nd | 14.24' x 9.68' | Broadloom, O/Looks Living, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
255 Richmond St E 607 is a 2-bedroom 2-bathroom condo listed for sale at $999,900, which is $188,413 (23.2%) higher than the average sold price of $811,487 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $22,530 (2.9%) compared to the previous 30 day period (February 28 - March 28) and up $3,426 (0.4%) from the same time one year ago.Inventory Change
There were 1,502 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 29 - April 27), which is up 19.0% compared with the previous 30 day period (February 28 - March 28) and up 34.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($11,298) (1.4%) below asking price over the last 30 days (March 29 - April 27), which represents a $1,104 increase compared to the previous 30 day period (February 28 - March 28) and ($6,581) 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 29 - April 27) stood at 44.7%, down from 48.4% over the previous 30 days (February 28 - March 28) and down from 64.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (March 29 - April 27), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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