318 Richmond St W 417
Waterfront Communities C1, Downtown Toronto, M5V 1X2
FOR SALE
$895,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Newly Renovated! Beautiful Bright & Spacious, Fully Upgraded Two Bedroom Suite In One Of The Most Desired Buildings And Prime Locations in the Heart of Downtown! Live In Complete Luxury & Enjoy Open Concept, Modern Finishes, Smooth Ceilings, Large Windows, Walk-In closet in Master with Walk-out to Oversized Balcony + Top of the Line Amenities! Steps To Underground P.A.T.H, Street Car, Hospitals, Finest Restaurants, Rogers Centre, Cn Tower, Union Station, Metro Toronto Convention Center, King West Financial & Entertainment District, Shops, And Much More!! (Parking Included!)
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-12 | 2024-10-07 | 25 | $3,800 | - | Terminated |
2023-08-17 | 2023-08-29 | 12 | $4,300 | - | Terminated |
Extras
Stainless Steel Appliances: Stove, Microwave, B/I Fridge, Washer And Dryer, All Elfs.
Nearby Intersections
Adelaide & John (90)
Peter & Adelaide (113)
Richmond & Peter (79)
John & Richmond (72)
King & John (264)
Queen & Spadina (161)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,698 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (TBD)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St W 417 is a 2-bedroom 2-bathroom condo listed for sale at $895,000, which is $133,182 (17.5%) higher than the average sold price of $761,818 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $8,930 (1.2%) compared to the previous 30 day period (September 23 - October 22) and down $40,295 (5.0%) from the same time one year ago.Inventory Change
There were 1,156 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 10.5% compared with the previous 30 day period (September 23 - October 22) and down 2.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,958) (2.6%) below asking price over the last 30 days (October 23 - November 21), which represents a $739 decrease compared to the previous 30 day period (September 23 - October 22) and ($20,294) 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 23 - November 21) stood at 51.0%, up from 38.7% over the previous 30 days (September 23 - October 22) and up from 36.0% 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 (October 23 - November 21), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Taza Real Estate
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