435 Richmond St W 404
Waterfront Communities C1, Downtown Toronto, M5V 0N3
FOR SALE
$729,988
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BEDROOMS2
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Property Description
ATTENTION INVESTORS*** Introducing A Truly Exceptional 2 Bedroom Suite At The Sought After Fabrik Condos! This Bright, Spacious & Functional 791 Sq.ft. Layout Is Perfect For Urban Living & Working From Home. Enjoy A Modern Kitchen W/ Integrated Appliances, High Ceilings, Tons Of Natural Light & A Private Balcony. Amenities Incl. Concierge, Gym & Rooftop Deck W/ Cn Tower Views! Steps To Financial District, Kensington Market, King West, University of Toronto Restaurants, TTC & More.Extras:Includes: Fridge, Stove & Oven, Range Hood, Dishwasher, Microwave, Washer & Dryer. All Existing Elfs & Window Coverings. Parking Available For rent Or Option To Purchase. Unit is Rented ***
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-03 | 2024-10-06 | 3 | $3,000 | $3,150 | Leased |
| 2020-10-28 | 2020-11-18 | 21 | $719,000 | $712,500 | Sold |
| 2020-09-08 | 2020-10-27 | 49 | $749,000 | - | Terminated |
| 2020-08-17 | 2020-09-04 | 18 | $839,900 | - | Terminated |
Nearby Intersections
King & Spadina (245)
King & Bathurst (393)
Adelaide & Spadina (42)
Richmond & Spadina (19)
Queen & Spadina (162)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,425 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.84' x 12.99' | Open Concept, W/O To Balcony, Large Window |
| Kitchen | Main | 9.32' x 9.74' | Combined W/Dining, Open Concept, Galley Kitchen |
| Prim Bdrm | Main | 9.32' x 12.24' | 4 Pc Bath, Large Closet, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
435 Richmond St W 404 is a 2-bedroom 2-bathroom condo listed for sale at $729,988, which is $36,086 (4.7%) lower than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) more 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 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Arcrealty Inc.
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