500 Richmond St W 315
Waterfront Communities C1, Downtown Toronto, M5V 3N4
FOR SALE
$1,049,900
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC9507306
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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**
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-24 | 2024-10-22 | 90 | $1,049,900 | - | Expired |
| 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
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Property Details
Street
Community
City
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.57' x 21.39' | Hardwood Floor, Gas Fireplace, West View |
| Dining | Main | 18.57' x 21.39' | Hardwood Floor, W/O To Terrace, West View |
| Kitchen | Main | 18.57' x 21.39' | Tile Floor, Breakfast Bar, Stainless Steel Appl |
| Prim Bdrm | 2nd | 14.70' x 19.00' | Broadloom, 3 Pc Ensuite, W/I Closet |
| Den | 2nd | 9.97' x 13.81' | Broadloom, Open Concept, B/I Bookcase |
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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 $487,037 (86.5%) higher than the average sold price of $562,863 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $6,430 (1.1%) compared to the previous 30 day period (October 18 - November 16) and down $22,163 (3.8%) from the same time one year ago.Inventory Change
There were 886 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 31.7% compared with the previous 30 day period (October 18 - November 16) and up 19.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,552) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,650 decrease compared to the previous 30 day period (October 18 - November 16) and ($14,925) 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 1-bedroom condos in Downtown Toronto over the last 30 days (November 17 - December 16) stood at 51.2%, up from 47.2% over the previous 30 days (October 18 - November 16) and down from 54.9% 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 31 days when successfully sold over the last 30 days (November 17 - December 16), compared to 65 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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