390 Cherry St 2607
Waterfront Communities C8, Downtown Toronto, M5A 0E2
FOR SALE
$878,000
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Property Description
Condo In The Distillery District! Bright Sun-Filled South-East Corner Suite With Unobstructed Panorama View. 2 Split Bedroom + 2 Full Bath, 1 parking and 1 locker. Steps To TTC, Distillery District, Waterfront, Shopping, Restaurants, Banks And More. Great for Investors, Currently tenanted at $3,500/month to month
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-11 | 2023-08-22 | 11 | $3,500 | $3,500 | Leased |
| 2022-02-16 | 2022-03-15 | 27 | $3,190 | - | Terminated |
| 2022-03-16 | 2022-04-11 | 26 | $3,100 | $3,100 | Leased |
| 2022-02-16 | 2022-03-14 | 26 | $3,190 | - | Terminated |
| 2022-01-22 | 2022-02-08 | 17 | $1,100,000 | - | Terminated |
Property Features
Clear View, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,977 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive (c/77)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 6.92' x 7.97' | Laminate |
| Living | Main | 12.80' x 24.31' | Combined W/Dining, Window Flr to Ceil |
| Dining | Main | 12.80' x 24.31' | Combined W/Living, Window Flr to Ceil |
| Kitchen | Main | 12.80' x 24.31' | Combined W/Dining, Window Flr to Ceil |
| Br | Main | 9.84' x 9.09' | Closet, Laminate |
| 2nd Br | Main | 9.51' x 9.42' | Closet, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
390 Cherry St 2607 is a 2-bedroom 2-bathroom condo listed for sale at $878,000, which is $105,032 (13.6%) higher than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% 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 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Yc Realty
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