313 Richmond St E 1161
Moss Park, Downtown Toronto, M5A 4S7
FOR SALE
$1,198,000

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Property Description
Rare & Coveted Layout One of Only 5 in the Building! This stunning 2-bedroom + den suite offers nearly panoramic, unobstructed views of downtown Toronto and the skyline. Designed with a split layout, it features a spacious 20' walkout balcony, perfect for taking in the cityscape. The open-concept living and dining areas flow seamlessly into a stylish kitchen, complete with a massive 11' island. The primary bedroom boasts a southwest-facing Juliette balcony with a picturesque view and a walk-in closet. A door has been added to the den, making it a versatile space for an office or nursery, while the second bedroom includes a built-in Murphy bed for added functionality. Located just steps from St. Lawrence Market, the Distillery District, and top restaurants in the King East Design District.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-09-08 | 2021-09-28 | 20 | $1,250,000 | $1,190,000 | Sold |
2020-07-02 | 2020-08-31 | 62 | $3,650 | - | Expired |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$4,306 (2024)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (Level C #20)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 13.91' x 16.44' | Hardwood Floor, Open Concept, W/O To Balcony |
Dining | Main | 10.37' x 14.50' | Hardwood Floor, Open Concept, W/O To Balcony |
Kitchen | Lower | 8.23' x 10.93' | Porcelain Floor, Centre Island, Stainless Steel Appl |
Den | Main | 6.46' x 7.51' | Porcelain Floor, Open Concept, Large Closet |
Prim Bdrm | Main | 13.42' x 13.62' | Juliette Balcony, 5 Pc Ensuite, W/I Closet |
2nd Br | Main | 8.86' x 12.24' | Broadloom, Murphy Bed, B/I Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
313 Richmond St E 1161 is a 2-bedroom 2-bathroom condo listed for sale at $1,198,000, which is $441,399 (58.3%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% 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 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Certainli Realty Inc
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