388 Richmond St W 1110

FOR SALE
$1,099,000
388 Richmond St W 1110, Downtown Toronto
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
388 Richmond St W 1110
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C8295954
MLSID
Contact Us
Property Description
The District Lofts - Unique South & North facing, 2 story condo situated on the 11th and 12th floor. Main level consists of Kitchen, Living and dining room with a walk out to an extra large terrace (with a beautiful view). 2nd floor has a very large primary bedroom, washroom and 2nd bedroom which is also large. Imagine a townhouse style condo in the sky! Unit comes with parking (with EV Charger) and locker. Situated steps from the new Ontario line Spadina/Queen subway stops! Building is award winning and highly sought after. The location is incredible with a walk score of 100.
Extras
Fridge, Stove, Dishwasher, Washer, Dryer, Light Fixtures
Nearby Intersections
Property Details
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$4,024 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
388 Richmond St W 1110 is a 2-bedroom 2-bathroom condo listed for sale at $1,099,000, which is $267,295 (32.1%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.
Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Pmt Realty Inc.
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