313 Richmond St E 667

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313 Richmond St E 667, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
C8278618
MLSID
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Property Description
**The Richmond** In the heart of King East steps to St. Lawrence market you will find this newly renovated 1 bedroom + a separate den with parking. Unit 667 is thoughtfully designed with function in mind, plus finishes rarely seen at the price point. Deceptively larger than its footprint, with not an ounce of wasted space. Every square inch was updated, and features top of line stainless steel appliances, quartz countertops, added pantry, new laminate flooring, decorative porcelain tile in the bathroom, new vanity, glass insert and lighting. A private bedroom with an actual window, a large walk-in closet, and clever storage options throughout complete this ideal starter home. The building is well known in the real estate circles for being one of the best managed condos in the city with a prudent board that truly cares by keeping the maintenance fees low. Added bonus of Tridel build quality, and having all utilities included. Try to compare!
Extras
Amenities and common space have gone through extensive renovations in recent years. Included; one of the best roof tops with bbqs and amazing views, gym, basketball court, 24 hour concierge, party room, billiard room, lounge, visitor pkg.
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,325 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (#37 Level D)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain7.58' x 12.01'Stainless Steel Appl, Quartz Counter, Pot Lights
DenMain6.07' x 7.68'Laminate, Murphy Bed
DiningMain9.68' x 17.09'B/I Shelves, Laminate, Combined W/Living
LivingMain9.68' x 17.09'Juliette Balcony, Laminate, Combined W/Dining
Prim BdrmMain9.09' x 11.29'W/I Closet, Laminate
BathroomMain4.92' x 7.84'Porcelain Floor, B/I Vanity, Soaker
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
313 Richmond St E 667 is a 1-bedroom 1-bathroom condo listed for sale at $599,900, which is $25 (0.0%) higher than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.
Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 1-bedroom condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Strata Real Estate
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