435 Richmond St W 1504
Waterfront Communities C1, Downtown Toronto, M5V 0N3
FOR SALE
$849,000
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BEDROOMS2
BATHROOMS1
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Property Description
Luxury boutique condo over 740sqft with 2 Beds + 2 Bath + 1 parking in Prime Downtown Toronto. 9-foot ceiling, hardwood floor throughout, south exposure with beautiful city and lake view, large open balcony. This modern & stylish condo is perfect for anyone looking for a convenient and relaxing lifestyle. The unit faces a quiet street making it ideal for optimal comfort and minimal noise for a peaceful night's sleep. 100/100 walk and bike score. Within the vicinity includes The Well, Sweat and Tonic, Othership Sauna & Cold Plunge, top healthy eateries, Shoppes on Queen, HomeSense, off-leash parks, CN tower, TIFF Lightbox, Farm Boy, Loblaws Great Food, TTC and much more. Full gym, BBQ terrace, ping-pong table, foosball table, theatre, concierge service, and many more amenities. UPGRADES: kitchen backsplash, showers in both washrooms and balcony flooring. Must See!!! *The listing agent is related to the owner of the property.
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Extras
Stove, microwave, built-in dishwasher, washer and dryer, multiple ceiling light fixtures & floating shelves, and electric blinds in every room. All lights are Alexa-enabled Smart Philips lightbulbs.
Nearby Intersections
King & Spadina (274)
King & Bathurst (376)
Adelaide & Spadina (47)
Richmond & Spadina (25)
Queen & Spadina (189)
Property Features
Arts Centre, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,565 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.66' x 12.07' | South View, Window Flr To Ceil, W/O To Balcony |
| Kitchen | Flat | 9.25' x 12.07' | Modern Kitchen, Open Concept, Combined W/Dining |
| Prim Bdrm | Flat | 8.99' x 9.25' | South View, 4 Pc Ensuite, B/I Closet |
| 2nd Br | Flat | 8.66' x 8.50' | Window Flr To Ceil, B/I Closet, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
435 Richmond St W 1504 is a 2-bedroom 2-bathroom condo listed for sale at $849,000, which is $30,418 (3.7%) 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 First Class Realty Inc.
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