311 Richmond St E 304
Moss Park, Downtown Toronto, M5A 4S8
FOR SALE
$580,000
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Property Description
Welcome to Imperial Square! This stunning one-bedroom condo offers a perfect blend of modern style and urban convenience, nestled in a vibrant neighbourhood just steps from St. Lawrence Market, Corktown, the Distillery District, and the Financial District. Step inside this spacious suite, featuring over 600 sq. ft. of thoughtfully designed living space. The updated white modern kitchen boasts a striking waterfall quartz countertop, complemented by luxurious vinyl floors that flow throughout. Enjoy the airy ambiance created by exposed industrial ceilings, which add a unique touch to this chic urban retreat. The generous living room is perfect for entertaining or relaxing, while the convenient walk-in closets in both the bedroom and foyer provide ample storage. A private balcony invites you to savor your morning coffee or unwind in the evenings with city views. With the King Street Car just 100 meters away, and a Walking Score of 100, you'll have effortless access to the best of Toronto. Don't miss the opportunity to experience urban living at its finest in this stylish condo.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2020-11-09 | 2020-11-16 | 8 | $490,000 | $480,000 | Sold |
2020-10-04 | 2020-11-11 | 38 | $499,000 | - | Terminated |
2020-09-18 | 2020-10-02 | 14 | $518,000 | - | Terminated |
Extras
Residents of Imperial Square enjoy low maintenance, exceptional amenities, including a spectacular rooftop garden with BBQ facilities, a gym, and a party room ideal for hosting gatherings or enjoying a sunny day outdoors.
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,182 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Rental (P1)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.50' x 17.32' | Vinyl Floor, Combined W/Dining, W/O To Balcony |
Dining | Main | 10.50' x 17.32' | Vinyl Floor, Combined W/Living, Open Concept |
Kitchen | Main | 7.15' x 8.99' | Vinyl Floor, Open Concept, Breakfast Bar |
Prim Bdrm | Main | 8.83' x 12.01' | Vinyl Floor, W/I Closet, North View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
311 Richmond St E 304 is a 1-bedroom 1-bathroom condo listed for sale at $580,000, which is $10,764 (1.9%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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