533 Richmond St W Ph2
Waterfront Communities C1, Downtown Toronto, M5V 3Y1
FOR SALE
$3,800,000
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BEDROOMS3
BATHROOMS1
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Property Description
Stunningly reimagined, this 2,100 sq ft, two-level penthouse in the heart of Torontos Fashion District exudes luxury with a touch of modernity. 2 Bed + Den with 3 bathrooms. Set in a boutique building, this residence offers expansive living spaces, an 18-foot double-height living room, a striking floating staircase, and gas fireplace, all bathed in natural light from floor-to-ceiling windows. Enjoy panoramic views of the city skyline from your own private 1,876 sq ft rooftop terrace, an entertainers dream with meticulously engineered features. 1,000L swim spa, a year-round heated retreat that doubles as a lap pool or hot tub for 8-10 guests, complete with LED ambiance and antifreeze functionality. A bioclimatic pergola, custom-imported from Europe, provides versatility with a retractable roof, delivering unparalleled outdoor relaxation and an expansive open-sky experience. The terrace is prepped with gas lines for a future outdoor kitchen or BBQ and doubles as a garden oasis with built-in storage. Included the buildings largest storage cage locker, and two premium tandem parking spots for unmatched convenience and a private gym featuring a 65 Smart TV.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-12-01 | 2023-12-13 | 17 | $13,000 | $12,500 | Leased |
2019-04-26 | 2019-05-07 | 11 | $2,250,000 | $2,200,000 | Sold |
2018-10-10 | 2018-12-04 | 56 | $2,495,000 | - | Suspended |
Nearby Intersections
King & Bathurst (387)
Queen & Spadina (161)
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
2000-2249
Taxes
$7,239 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
2
Parking 1
Owned (Pb-08)
Parking 2
Owned (Pb-08)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 14.99' x 19.98' | Gas Fireplace, W/O To Balcony, Hardwood Floor |
Dining | Main | 8.56' x 17.98' | Hardwood Floor, Halogen Lighting, Sliding Doors |
Kitchen | Main | 14.99' x 25.66' | Stainless Steel Appl, Hardwood Floor, Centre Island |
Breakfast | Main | 14.99' x 25.66' | Hardwood Floor, B/I Shelves, Led Lighting |
Prim Bdrm | Upper | 14.90' x 14.99' | 5 Pc Ensuite, W/I Closet, Hardwood Floor |
2nd Br | Upper | 7.41' x 15.98' | Hardwood Floor, O/Looks Living, Closet |
Other | 3rd | 41.14' x 44.82' | South View, North View, East View |
Locker | Bsmt | 8.50' x 21.00' | Separate Rm |
Locker | Bsmt | 4.49' x 13.25' | Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
533 Richmond St W Ph2 is a 2-bedroom 3-bathroom condo listed for sale at $3,800,000, which is $3,033,926 (396.0%) higher 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 3-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 Royal Lepage Signature Realty
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