390 Cherry St 3504
Waterfront Communities C8, Downtown Toronto, M5A 0E2
FOR SALE
$1,269,000
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BEDROOMS3
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Property Description
Modern, Bright, and Sundrenched exquisite Two Story Penthouse right in the heart of the Distillery District. This Stunning 2 Bed, 3 Bath, 2-level stunner with Two Large Balconies is simply Fantastic. Sweeping Wide Open East Views will make your Weekend Mornings not come soon enough. This two-story Penthouse has two great-sized bedrooms on the second floor along with two Bathrooms (one ensuite) and the main floor has an open-concept Great room with massive floor-to-ceiling windows a fireplace and a powder room. Located just steps from the Streetcar and a quick drive to the DVP or Gardner. A short stroll to Corktown Common Park, Lesliville, and St. Lawrence Market, along with all the shops, cafes and restaurants you could ask for make this one great location!
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Extras
Built-in Kitchen Appliances: Fridge, Oven, Gas Cook Top, Dishwasher, Microwave. Washer/Dryer, Build-in Fireplace, Custom Deck Flooring on both Balconies, Window Coverings, All Existing Light Fixtures. *Maintenance fees incl 2 parking spots.
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$5,658 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (B33)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.14' x 14.17' | B/I Appliances, Combined W/Laundry, Breakfast Bar |
| Living | Main | 17.29' x 13.35' | Combined W/Dining, Fireplace, East View |
| Dining | Main | 17.29' x 13.35' | Combined W/Living, W/O To Balcony, East View |
| Prim Bdrm | 2nd | 10.10' x 16.96' | 4 Pc Ensuite, W/O To Balcony, East View |
| 2nd Br | 2nd | 8.14' x 13.06' | Closet Organizers, W/O To Balcony, East View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
390 Cherry St 3504 is a 2-bedroom 3-bathroom condo listed for sale at $1,269,000, which is $498,174 (64.6%) higher than the average sold price of $770,826 in the last 30 days (October 13 - November 11). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $8,638 (1.1%) compared to the previous 30 day period (September 13 - October 12) and down $27,982 (3.5%) from the same time one year ago.Inventory Change
There were 992 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 13 - November 11), which is down 34.2% compared with the previous 30 day period (September 13 - October 12) and down 22.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($17,896) (2.3%) below asking price over the last 30 days (October 13 - November 11), which represents a $299 increase compared to the previous 30 day period (September 13 - October 12) and ($17,690) 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 (October 13 - November 11) stood at 52.3%, up from 32.1% over the previous 30 days (September 13 - October 12) and up from 34.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 13 - November 11), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Realty Systems Inc.
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