505 RICHMOND St W 922

FOR SALE
$675,800
505 RICHMOND St W 922, Downtown Toronto
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
505 RICHMOND St W 922
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C11936554
MLSID
Contact Us
Property Description
Welcome To The Lux & Stylish "Waterworks"! Nestled in The Historic Fashion District With A Grand Unique Architectural Art Deco Facade. Perfectly Perched In Queen West, Steps To Shops, Restaurants & Nightlife! Suite Interior Features Wide Plank Laminate Floors Throughout, Kitchen Boasts A Large Chef's Island & Integrated Appliances. Master W/Double Closets, Upgraded Built In Organizers & Semi-Ensuite w/Upgraded Shower. Enjoy Your Private Terrace W/East Cn Tower Views!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-23 2024-02-17 86 $738,800 - Terminated
2021-11-08 2021-11-13 5 $2,350 $2,350 Leased
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,668 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenFlat10.24' x 22.08'Laminate, Combined W/Library, Modern Kitchen
LivingFlat10.24' x 22.08'Laminate, Combined W/Kitchen, Window Flr to Ceil
BrFlat9.25' x 12.17'Laminate, Semi Ensuite, Closet Organizers
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
505 RICHMOND St W 922 is a 1-bedroom 1-bathroom condo listed for sale at $675,800, which is $112,110 (19.9%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.
Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Summit Realty Inc.
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