390 Cherry St 2302
Waterfront Communities C8, Downtown Toronto, M5A 0E2
FOR SALE
$889,999
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC11992270
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Property Description
Experience the pinnacle of urban living in the coveted Historic Distillery District with this stunning 2-bedroom + den corner suite. Revel in panoramic Northwest views showcasing the breathtaking Toronto city skyline and the iconic CN Tower! This impeccably maintained home boasts two full bathrooms, a modern kitchen with sleek stainless steel appliances, and an expansive wraparound balcony, perfect for your morning coffee or hosting friends and family. Indulge in the luxury of exceptional building amenities, including an outdoor pool, jacuzzi, gym, yoga room, sauna, steam rooms, BBQ area, party room, and a friendly 24/7 concierge team. With parks, scenic bike trails, the TTC King Streetcar loop right outside your door, and world-class dining just steps away, everything you need is within reach. Plus, enjoy the added convenience of one parking spot and a locker. Welcome to your new home!
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,734 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (C)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
390 Cherry St 2302 is a 2-bedroom 2-bathroom condo listed for sale at $889,999, which is $133,398 (17.6%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% 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 (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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