500 Richmond St W 315

FOR SALE
$1,049,900
500 Richmond St W 315, Downtown Toronto
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
500 Richmond St W 315
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C9052563
MLSID
Contact Us
Property Description
This exceptionally designed, 1144 square foot, one-bedroom plus den, two-bathroom masterpiece in Cityscape Terrace reflects superior craftsmanship and attention to detail over two immaculate floors. Featuring a unique, customized layout with an abundant interior and exterior space, the entertainer's main floor showcases a tranquil and bright living & dining room which seamlessly integrates into an expansive west-facing private terrace oasis overlooking picturesque Augusta Street. The contemporary kitchen is a chef's dream and features stainless steel appliance, ample preparation space and storage throughout. The private upper level features a large primary bedroom retreat and is a full-floor sanctuary equipped with a fully updated, modern three-fixture spa-like bathroom and an expansive den area equipped with custom millwork which can be arranged as family room, home office or entertainment center.**Suite was originally configured as a 2 Bedroom**
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-24 2024-07-23 90 $1,049,900 - Expired
2024-01-22 2024-04-21 90 $1,049,900 - Expired
2023-10-24 2024-01-22 90 $1,049,900 - Terminated
Extras
World Class Location! Easy Access To Queen & King West Shopping, Cafes & Galleries, Kensington Market, Financial & Entertainment Districts, Ace Hotel, Waterworks Food Hall, St. Andrews Park & Martin Goodman Trail. Steps To Public Transit.
Nearby Intersections
Property Features
Arts Centre, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$3,864 (2023)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (B2)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain18.57' x 21.39'Hardwood Floor, Gas Fireplace, West View
DiningMain18.57' x 21.39'Hardwood Floor, W/O To Terrace, West View
KitchenMain18.57' x 21.39'Tile Floor, Breakfast Bar, Stainless Steel Appl
Prim Bdrm2nd14.70' x 19.00'Broadloom, 3 Pc Ensuite, W/I Closet
Den2nd9.97' x 13.81'Broadloom, Open Concept, B/I Bookcase
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Richmond St W 315 is a 1-bedroom 2-bathroom condo listed for sale at $1,049,900, which is $478,359 (83.7%) higher than the average sold price of $571,541 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,695 (1.7%) compared to the previous 30 day period (July 9 - August 7) and down $39,653 (6.5%) from the same time one year ago.
Inventory Change
There were 1,218 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 8 - September 6), which is down 21.6% compared with the previous 30 day period (July 9 - August 7) and down 2.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,252) (1.6%) below asking price over the last 30 days (August 8 - September 6), which represents a $3,270 increase compared to the previous 30 day period (July 9 - August 7) and ($7,469) 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 (August 8 - September 6) stood at 43.0%, up from 32.8% over the previous 30 days (July 9 - August 7) and down from 48.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (August 8 - September 6), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Bibby Group Realty
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