608 Richmond St W 816
Waterfront Communities C1, Downtown Toronto, M5V 0N9
FOR SALE
$825,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC11997616
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Property Description
This Corner Unit offers an efficient layout that maximizes both space and functionality. The Open-Concept design ensures a seamless flow between the Living, Dining and Kitchen areas, creating a Spacious and Inviting atmosphere. 9 Ft Ceilings enhance the sense of space and openness while aversatile Den can serve as a Second Bedroom, Home Office or Creative Space. Well-placed bedroom ensure privacy, 829 sq feet unit plus 86 sq feet balcony, this Loft is outfitted with quality modern features and finishes, including Stainless Steel Appliances, Exposed Concrete Feature Walls & Ceiling, Stone Surface Counters, Wood Flooring, Floor-To-Ceiling Windows & More.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-03-12 | 2019-04-04 | 23 | $899,900 | $919,110 | Sold |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
800-899
Taxes
$4,106 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.67' x 12.76' | Combined W/Dining, Large Window, Open Concept |
| Dining | Main | 14.67' x 12.76' | Combined W/Living, Large Window, Open Concept |
| Kitchen | Main | 14.67' x 12.76' | Wood Floor, Modern Kitchen, Stainless Steel Appl |
| Br | Main | 8.66' x 12.60' | Wood Floor, Closet, Large Window |
| Den | Main | 8.33' x 9.58' | Wood Floor |
| Foyer | Main | 3.74' x 12.01' | Wood Floor, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
608 Richmond St W 816 is a 1-bedroom 1-bathroom condo listed for sale at $825,000, which is $267,890 (48.1%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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