388 Richmond St W 1110
Waterfront Communities C1, Downtown Toronto, M5V 3P1
FOR SALE
$1,049,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
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Property Description
Looking for something unique with that elusive X factor? Sick of seeing the same cookie cutter shoebox listings? This one-of-a-kind, 2-storey condo at The District Lofts is available for you to call home! Providing rare south and north-facing views from the top floors, you can experience tons of natural light all day long. The main level boasts an open-concept living, and dining area, leading to a spacious terrace with stunning South facing CN tower views. Upstairs, you'll find a generously sized primary bedroom, large second bedroom, and a full sized washroom in between. Parking with an EV charger and a locker included. Just steps away from the new Ontario Line Spadina/Queen subway stops, this award-winning building offers a prime location with a perfect walk score of 100.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-01 | 2024-08-01 | 92 | $1,075,000 | - | Expired |
Nearby Intersections
King & Spadina (251)
King & Bathurst (391)
Adelaide & Spadina (55)
Peter & Adelaide (120)
Richmond & Peter (83)
Richmond & Spadina (27)
Queen & Spadina (182)
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$4,024 (2023)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
388 Richmond St W 1110 is a 2-bedroom 2-bathroom condo listed for sale at $1,049,000, which is $278,961 (36.2%) higher than the average sold price of $770,039 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,913 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $13,617 (1.7%) from the same time one year ago.Inventory Change
There were 1,378 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,377) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $4,729 increase compared to the previous 30 day period (July 17 - August 15) and ($11,745) 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 16 - September 14) stood at 30.8%, down from 41.8% over the previous 30 days (July 17 - August 15) and down from 33.0% 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 (August 16 - September 14), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Property.Ca Inc.
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