318 Richmond St W 3601
Waterfront Communities C1, Downtown Toronto, M5V 0B4
FOR SALE
$998,000
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BEDROOMS2
BATHROOMS1
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Property Description
Exquisite Picasso On Richmond St.*The Epitome Of Luxurious Living In The Heart Of The Entertainment District*Absolutely Stunning Condominium Suite With Over 100K Spent In Builder's Upgrades*Gorgeous Bathrooms*Upgraded Kitchen Cabinets With Quartz Counter Top, Stainless Steel Back-Splash & State Of Art Built-In Appliances*Extremely Bright & Spacious Rooms*Custom Roller Shade Blinds Thru-Out*Large Balcony With Stunning Unobstructed Sunset Views of The City of Toronto & Partial Lake View*Private Premium Underground Parking Spot*Private Over-Sized Locker On Same Floor Right Across From The Suite*Outstanding Facilities Include: Games Room, Guest Suites, Gym, Yoga Room, Party/Meeting Room, Sauna, Hot Tub, Outdoor Lounge Area, Outdoor BBQ Area*Enjoy All Downtown Has To Offer Within Walking Distance To Fabulous Theatre, Restaurants, Shops, Transportation, Parks & So Much More! Don't Miss Out On This Wonderful Opportunity To Own A Premium Condominium Suite Where You Can Live, Work & Play!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-12-09 | 2022-12-21 | 12 | $4,195 | $4,195 | Leased |
2021-02-12 | 2021-02-24 | 13 | $3,400 | $3,400 | Leased |
2020-03-08 | 2020-03-12 | 4 | $3,599 | $3,800 | Leased |
Extras
Existing Fridge, Built-In Cook-Top, Built-In Oven, Built-In Microwave Oven, Built-In Dishwasher, Washer & Dryer. Existing Elf's. Existing Roller Blinds.
Nearby Intersections
Adelaide & John (89)
Peter & Adelaide (114)
Richmond & Peter (80)
John & Richmond (73)
King & John (263)
Queen & Spadina (162)
Property Features
Clear View, Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$4,935 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level B Unit 26)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 14.17' x 20.34' | Laminate, Open Concept, W/O To Balcony |
Prim Bdrm | Ground | 10.01' x 10.60' | Laminate, W/I Closet, 3 Pc Ensuite |
2nd Br | Ground | 8.43' x 9.88' | Laminate, Double Closet, Nw View |
3rd Br | Ground | 8.43' x 9.88' | Laminate, Double Closet, Nw View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St W 3601 is a 3-bedroom 2-bathroom condo listed for sale at $998,000, which is $84,037 (9.2%) higher than the average sold price of $913,963 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $20,225 (2.3%) compared to the previous 30 day period (September 21 - October 20) and down $15,450 (1.7%) from the same time one year ago.Inventory Change
There were 219 3-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 3.5% compared with the previous 30 day period (September 21 - October 20) and up 13.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($20,684) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,312 decrease compared to the previous 30 day period (September 21 - October 20) and ($20,658) 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 3-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 45.2%, up from 35.2% over the previous 30 days (September 21 - October 20) and up from 27.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 21 - November 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Cimerman Real Estate Limited
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