390 Cherry St 3307
Waterfront Communities C8, Downtown Toronto, M5A 0E2
FOR SALE
$979,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS3 + 1
ROOMSC8267110
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Property Description
Experience elevated living in this large suite on the 33rd floor of the Gooderham, located in the historic Distillery District. Spanning 971 square feet, this residence boasts two bedrooms plus a den, which can easily be used as a third bedroom or utilized as a work area. The suite features a large terrace with stunning views, two full bathrooms and a generous walk-in closet in the primary bedroom, offering ample storage and convenience. Designed with signature finishes and bathed in natural light, this space promises an airy and inviting atmosphere. The open layout allows for unobstructed views of both the city skyline and the lake, providing a stunning backdrop for both daily living and entertaining.Included with the suite is one parking space and a large independent storage locker. Whether you're enjoying the vibrant life of the Distillery District or relaxing in your high-rise haven, this suite offers a perfect blend of comfort, style, and functionality. This is not just a place to live, but a lifestyle to embrace.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-03-30 | 2020-04-30 | 31 | $3,290 | $3,290 | Leased |
Property Features
Clear View, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$4,251 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.50' x 21.29' | Combined W/Dining, Combined W/Den, W/O To Terrace |
| Dining | Main | 10.50' x 21.29' | Combined W/Living, Hardwood Floor, Window Flr To Ceil |
| Den | Main | 9.51' x 10.50' | Window Flr To Ceil, Hardwood Floor |
| Kitchen | Main | 11.55' x 12.34' | Open Concept, Combined W/Dining, Stainless Steel Appl |
| Prim Bdrm | Main | 10.33' x 14.04' | Ensuite Bath, Window Flr To Ceil, W/I Closet |
| 2nd Br | Main | 8.79' x 9.22' | Closet, Window Flr To Ceil |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
390 Cherry St 3307 is a 2-bedroom 2-bathroom condo listed for sale at $979,000, which is $160,418 (19.6%) higher than the average sold price of $818,582 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,837 (4.3%) compared to the previous 30 day period (March 5 - April 3) and up $4,336 (0.5%) from the same time one year ago.Inventory Change
There were 1,630 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 4 - May 3), which is up 34.0% compared with the previous 30 day period (March 5 - April 3) and up 47.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,620) (1.7%) below asking price over the last 30 days (April 4 - May 3), which represents a $3,217 decrease compared to the previous 30 day period (March 5 - April 3) and ($6,043) 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 4 - May 3) stood at 41.3%, down from 53.1% over the previous 30 days (March 5 - April 3) and down from 66.4% 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 25 days when successfully sold over the last 30 days (April 4 - May 3), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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