313 Richmond St E 452
Moss Park, Downtown Toronto, M5A 4S7
FOR SALE
$465,000
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Property Description
Welcome to this stunning and spacious studio located at The Richmond, a development by the renowned Tridel. ALL INCLUSIVE MAINTENANCE FEES ARE ONLY $338.50, INCLUDES HEAT, HYDRO, & WATER! This unit is located in a well-maintained, established building in a central area. Perfectly situated just steps from the TTC, shops, restaurants, grocery stores, DVP, parks & more! Pictures are from 2015 and don't do it justice. Come see it in person! Green P parking lot with daily/monthly parking options attached to the building. Income generating opportunity from day one! This is the ultimate investment package with very low carrying costs, a reliable tenant already in place paying current market rent. No hassle, no risk, just a seamless stress free addition to your portfolio!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-05 | 2024-12-04 | 90 | $460,000 | - | Expired |
| 2024-06-28 | 2024-09-05 | 69 | $399,000 | - | Terminated |
| 2024-06-17 | 2024-06-28 | 11 | $469,900 | - | Terminated |
| 2023-08-29 | 2023-09-14 | 16 | $399,000 | $410,000 | Sold |
| 2021-10-21 | 2021-11-05 | 15 | $500,000 | - | Terminated |
| 2020-08-30 | 2020-09-13 | 14 | $1,525 | $1,525 | Leased |
| 2018-11-15 | 2018-11-18 | 3 | $1,800 | $1,800 | Leased |
Extras
ALL INCLUSIVE MAINTENANCE FEES ARE ONLY $338.50, INCLUDES HEAT, HYDRO, & WATER!
Property Features
Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,625 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.28' x 9.28' | |
| Living | Main | 10.99' x 11.98' | |
| Den | Main | 7.87' x 11.98' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
313 Richmond St E 452 is a 0-bedroom 1-bathroom condo listed for sale at $465,000, which is $86,764 (22.9%) higher than the average sold price of $378,236 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $22,091 (5.5%) compared to the previous 30 day period (November 19 - December 18) and down $54,974 (12.7%) from the same time one year ago.Inventory Change
There were 56 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 12.0% compared with the previous 30 day period (November 19 - December 18) and up 69.7% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($10,643) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,505 increase compared to the previous 30 day period (November 19 - December 18) 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 19 - January 17) stood at 26.8%, down from 44.0% over the previous 30 days (November 19 - December 18) 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 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Property.Ca Inc.
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