390 Cherry St 2807
Waterfront Communities C8, Downtown Toronto, M5A 0E2
FOR SALE
$1,029,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
What a fantastic unobstructed lake view! It's the cherry on top of this well thought out 2 Bed 2 Bath floorpan, flanked by the historical Distillery District. Over 1000 sqft (see accompanying floor plan) to move into and enjoy absolutely everything this neighbourhood has to offer. Amazing shops, restaurants, bars, parks and more. The Gooderham is the perfect commuting distance to downtown with transit at your doorstep and easy access to the DVP and the Gardiner. Your search is over, come have a look, you wont be disappointed. Buyer and/or buyer agent to verify all condo fees, measurements and taxes.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-21 | 2023-10-20 | 91 | $1,049,000 | - | Terminated |
| 2019-03-20 | 2019-05-09 | 50 | $939,900 | $930,000 | Sold |
| 2019-01-14 | 2019-03-15 | 61 | $979,000 | - | Expired |
| 2018-11-11 | 2019-01-12 | 63 | $995,000 | - | Expired |
| 2018-10-01 | 2018-11-12 | 42 | $1,050,000 | - | Terminated |
Property Features
Clear View, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,998 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 35.10' x 32.48' | Combined W/Dining, W/O To Balcony, Hardwood Floor |
| Dining | Flat | 43.64' x 38.06' | Combined W/Living, Hardwood Floor, Window Flr To Ceil |
| Kitchen | Flat | 49.54' x 38.06' | Open Concept, Stainless Steel Appl, Quartz Counter |
| Prim Bdrm | Flat | 46.26' x 35.43' | 5 Pc Ensuite, W/I Closet, Hardwood Floor |
| 2nd Br | Flat | 29.20' x 30.84' | Hardwood Floor, Closet Organizers |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
390 Cherry St 2807 is a 2-bedroom 2-bathroom condo listed for sale at $1,029,000, which is $197,295 (23.7%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Corbo & Kelos Group Realty Ltd.
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