323 Richmond St E 818
Moss Park, Downtown Toronto, M5A 4R3
FOR SALE
$899,000
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BEDROOMS2
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Property Description
Welcome to a renovated 2 bedroom 2 bath 1120 sq ft condo suite with parking for 2 cars and all utilities included! Suite 818 features a large upgraded kitchen and higher-end appliances making it a great place for cooking and entertaining. The open-concept kitchen comes complete with features such as pot lights, under-cabinet lighting, stainless steel appliances, subway tile backsplash, pull down faucet with sprayer, a deep sink, and white quartz counter tops.The principal bedroom fits a king size bed plus a desk and has a w/i closet. The 3 piece ensuite has a glass encased shower with tile, pot lights, and a large mirrored vanity.The 2nd bedroom with a double closet, has a south-facing view w/ sliding doors to a private balcony, and space for a large bed and work desk. The 4 piece bath has a deep soaker tub and shower, pot lights, tile floor and large mirrored vanity.The open-concept living and dining room is large enough for full size furniture without having to scale down to mini-condo furniture. Good to know: the views from the living/dining room and the primary bedroom will overlook onto a planned new city park. (source: City of Toronto website) Laundry is ensuite and there is a large hallway closet.Easy highway connections to DVP and Gardiner, transit with streetcars and buses and a short walk to the St Lawrence Market and Financial District. Walk Score 99 Walkers Paradise, Transit Score 100 Riders Paradise, and a Bike Score 99 Bikers Paradise. A new Ontario Line station is being built just steps away at Queen and Sherbourne providing even more transit options!Parking is tandem for 2 cars - unit C 23. Visitors have GreenP parking underground.The all-in-one condo fee with utilities included makes monthly budgeting simple!This is an ideal opportunity to live in a well-managed condo with excellent amenities, all-inclusive monthly utilities, parking for two cars, with ample space to stretch out and live comfortably in downtown
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Extras
Walk to St Lawrence Market, Financial District, No Frills, Metro Cafes, Restos nearby. Building has 2-level gym open 24/7, hot tubs, nice rooftop terrace with BBQs, bike storage, lobby concierge for security and package delivery.
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,984 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (Level C Unit 23)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 13.45' x 21.33' | Combined W/Dining, Laminate, Large Window |
| Dining | Flat | 13.45' x 21.33' | Combined W/Living, Open Concept, Laminate |
| Kitchen | Flat | 9.51' x 8.53' | Quartz Counter, Stainless Steel Appl, Pot Lights |
| Prim Bdrm | Flat | 10.50' x 16.40' | 3 Pc Ensuite, W/I Closet, Large Window |
| 2nd Br | Flat | 9.19' x 13.78' | W/O To Balcony, Double Closet, Laminate |
| Foyer | Flat | 5.58' x 4.92' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
323 Richmond St E 818 is a 2-bedroom 2-bathroom condo listed for sale at $899,000, which is $132,926 (17.4%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) 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 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Associates Realty Inc.
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