318 Richmond St 1809

FOR SALE
$868,000
318 Richmond St 1809, Downtown Toronto
318 Richmond St 1809
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
C9270489
MLSID
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Property Description
Beautiful 844 Sqft , 2bd +den+parking in luxurious picasso condo, bright corner unit w/ 9' ceilings & south exposure! Upgraded laminate floor, quartz counter top, smooth ceiling & rain shower in ensuite bath, custom cabinetry & backsplash. Pot-lights, upgraded appliances. Min walk to waterfront, financial district & trendy queen street west, restaurants, ttc, subway, 24 hr concierge, yoga rm, large party rm w/ outdoor garden hot sauna billiards room & much more.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-09 2024-08-24 76 $878,000 - Terminated
2024-03-12 2024-06-07 87 $920,000 - Terminated
2022-11-24 2022-11-28 4 $3,400 $3,400 Leased
2020-08-09 2020-09-10 34 $2,850 $2,700 Leased
Extras
Tenant leave Oct 15th , current rent $3400/Month
Nearby Intersections
Property Features
Park, Public Transit, Rec Centre
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,811 (2023)
Basement
None
Exterior
Shingle
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain20.67' x 13.09'Combined W/Dining, W/O To Balcony, Picture Window
DiningMain20.67' x 13.09'Combined W/Living, Open Concept, North View
KitchenMain20.67' x 13.09'Laminate, Granite Counter, Stainless Steel Appl
Prim BdrmMain9.97' x 10.99'Laminate, W/I Closet, 3 Pc Ensuite
2nd BrMain9.58' x 8.53'Laminate, Large Window
DenMain9.58' x 5.18'Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St 1809 is a 2-bedroom 2-bathroom condo listed for sale at $868,000, which is $95,032 (12.3%) higher than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.
Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 (August 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% 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 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc.
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