390 Cherry St 2803

FOR SALE
$619,000
390 Cherry St 2803, Downtown Toronto
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
390 Cherry St 2803
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C9382699
MLSID
Contact Us
Property Description
Experience breathtaking views from this 1 bed, 1 bath suite in the iconic Gooderham Building. Floor-to-ceiling windows flood the space with natural light, and the extra-large balcony spans the entire width of the condo, perfect for relaxing or entertaining.This thoughtfully designed floor plan includes upgrades like a custom kitchen island, modular floored balcony, and custom closets for all your storage needs. Enjoy world-class amenities which include Fitness room, yoga studio, steam rooms, sauna, and a swimming pool. Take advantage of the convenient location just steps from the streetcar, with easy access to the QEW and DVP.With restaurants, shopping, and art studios right at your doorstep, this condo offers the perfect blend of urban living and luxury. Don't miss out on this incredible opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-07-03 2021-07-14 11 $2,150 $2,100 Leased
2020-10-14 2020-12-21 68 $2,250 - Terminated
2020-11-17 2020-12-17 30 $648,000 - Suspended
2020-09-11 2020-10-14 33 $2,250 - Terminated
Extras
Includes: fridge,stove,microwave hoodvent,dishwasher, washer/dryer, 1 parking spot and 1 locker.
Property Features
Arts Centre, Clear View, Lake Access, Park, Public Transit
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,432 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B/18)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain11.68' x 12.01'Combined W/Dining, Hardwood Floor, W/O To Balcony
DiningMain11.68' x 12.01'Hardwood Floor, W/O To Balcony, Combined W/Living
Prim BdrmMain8.99' x 10.99'Nw View, Hardwood Floor, 4 Pc Bath
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
390 Cherry St 2803 is a 1-bedroom 1-bathroom condo listed for sale at $619,000, which is $43,083 (7.5%) higher than the average sold price of $575,917 in the last 30 days (September 6 - October 5). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,333 (0.6%) compared to the previous 30 day period (August 7 - September 5) and down $41,429 (6.7%) from the same time one year ago.
Inventory Change
There were 1,749 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 6 - October 5), which is up 47.7% compared with the previous 30 day period (August 7 - September 5) and up 0.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,801) (1.9%) below asking price over the last 30 days (September 6 - October 5), which represents a $1,537 decrease compared to the previous 30 day period (August 7 - September 5) and ($7,386) 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 1-bedroom condos in Downtown Toronto over the last 30 days (September 6 - October 5) stood at 28.6%, down from 44.1% over the previous 30 days (August 7 - September 5) and up from 26.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 30 days when successfully sold over the last 30 days (September 6 - October 5), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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