458 Richmond St W 204
Waterfront Communities C1, Downtown Toronto, M5V 1V1
FOR SALE
$575,000
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Property Description
Great opportunity to Investment in a core downtown Toronto Luxury Condo! Ideally located in the heart of the entertainment district, walking distance to shop, restaurant. Financial district and union station. One Bedroom south facing unit, Soaring 9 Ft High Ceiling, Quartz Countertops, And Ultra Modern Finishes. Modern chic 2 year old building includes a party room, meeting room, gym and security system.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-20 | 2024-03-06 | 15 | $599,000 | - | Terminated |
| 2023-06-12 | 2023-08-31 | 80 | $559,900 | - | Expired |
| 2023-05-18 | 2023-06-12 | 25 | $599,999 | - | Terminated |
| 2023-03-16 | 2023-05-18 | 63 | $599,999 | - | Terminated |
Extras
Amenities include: Gym, Party Room.
Nearby Intersections
King & Spadina (265)
King & Bathurst (344)
Adelaide & Spadina (46)
Richmond & Spadina (18)
Queen & Spadina (174)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,358 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.71' x 13.16' | Laminate, Combined W/Dining, Window Flr To Ceil |
| Dining | Flat | 11.71' x 13.16' | Laminate, Combined W/Living |
| Kitchen | Flat | 11.71' x 13.16' | Laminate, Stainless Steel Appl |
| Prim Bdrm | Flat | 10.63' x 11.71' | Laminate, W/I Closet, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
458 Richmond St W 204 is a 1-bedroom 1-bathroom condo listed for sale at $575,000, which is $26,797 (4.5%) lower than the average sold price of $601,797 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,104 (0.2%) compared to the previous 30 day period (February 27 - March 27) and down $25,115 (4.0%) from the same time one year ago.Inventory Change
There were 1,714 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 23.1% compared with the previous 30 day period (February 27 - March 27) and up 59.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,654) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $3,287 increase compared to the previous 30 day period (February 27 - March 27) and ($2,960) 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 (March 28 - April 26) stood at 39.8%, down from 45.8% over the previous 30 days (February 27 - March 27) and down from 75.5% 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 27 days when successfully sold over the last 30 days (March 28 - April 26), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Green Realty Inc.
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