390 CHERRY St 809
Waterfront Communities C8, Downtown Toronto, M5A 0E2
FOR SALE
$618,000
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BEDROOMS1
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Property Description
Welcome to 390 Cherry St located in the Gooderham building in the heart of the historic distillery district. This spacious Open Concept 1+1 Bed condo has a south facing lake view. Den can be used as a second bedroom. Featuring a balcony that runs the entire width of the unit, Custom Kichen Island and New Flooring. Incredible restaurants, shopping, easy access to ttc and walking distance to green space at corktown common. Comes with 1 locker.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-17 | 2024-09-26 | 40 | $649,999 | - | Suspended |
| 2024-05-30 | 2024-08-17 | 80 | $649,999 | - | Suspended |
| 2021-08-31 | 2021-09-07 | 7 | $2,350 | $2,350 | Leased |
| 2019-10-08 | 2019-10-18 | 10 | $2,400 | $2,400 | Leased |
| 2019-07-30 | 2019-08-16 | 17 | $600,000 | $579,000 | Sold |
| 2019-07-13 | 2019-07-30 | 17 | $615,000 | - | Terminated |
| 2019-06-17 | 2019-07-13 | 26 | $628,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,532 (2023)
Basement
None
Exterior
Brick Front
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
390 CHERRY St 809 is a 1-bedroom 1-bathroom condo listed for sale at $618,000, which is $42,925 (7.5%) higher than the average sold price of $575,075 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,318 (0.2%) compared to the previous 30 day period (August 6 - September 4) and down $40,408 (6.6%) from the same time one year ago.Inventory Change
There were 1,789 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 5 - October 4), which is up 62.6% compared with the previous 30 day period (August 6 - September 4) and up 4.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,029) (1.9%) below asking price over the last 30 days (September 5 - October 4), which represents a $1,920 decrease compared to the previous 30 day period (August 6 - September 4) and ($7,551) 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 5 - October 4) stood at 28.7%, down from 47.9% over the previous 30 days (August 6 - September 4) and up from 26.4% 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 5 - October 4), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Jdl Realty Inc.
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