73 Richmond St W L06
Bay Street Corridor, Downtown Toronto, M5H 4E8
FOR SALE
$699,000
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BEDROOMS1
BATHROOMS0
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Property Description
Own a piece of history in Toronto's historic Graphic Arts Building. This 1913 built architectural gem, with it's limestone facade & Roman inspired Ionic columns has stood the test of time, nestled in the heart of Toronto's financial district. Once home to Saturday Night Magazine, this 5 storey building is now home to 64 lofty live/work commercial & residential condos. This lower level space is surprisingly bright, with 9'-4" ceilings & presently configured as office space. Recently renovated, new wood and stone tile flooring, 3-piece bath and kitchenette. Easily configured to add separate offices or even create a pied-a-terre. Walkable to almost anything in the core, PATH System across the street, 1 block to subway, fine dining, theatres, ballet & symphony all only a short walk away.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-09 | 2024-02-29 | 51 | $749,900 | - | Terminated |
| 2023-09-07 | 2023-12-06 | 90 | $749,900 | - | Expired |
| 2023-06-06 | 2023-09-06 | 92 | $799,000 | - | Expired |
Extras
Low hydro costs at approximately $35/month for existing occupant.
Nearby Intersections
Adelaide & Church (28)
Adelaide & Jarvis (13)
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,705 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Office | Flat | 19.16' x 32.09' | Open Concept, Laminate, Pot Lights |
| Kitchen | Flat | 12.60' x 13.06' | Stone Floor, Pot Lights |
| Bathroom | Flat | 4.92' x 8.23' | 3 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
73 Richmond St W L06 is a 0-bedroom 1-bathroom condo listed for sale at $699,000, which is $276,641 (65.5%) higher than the average sold price of $422,359 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $49,511 (10.5%) compared to the previous 30 day period (March 1 - March 30) and down $77,034 (15.4%) from the same time one year ago.Inventory Change
There were 86 0-bedroom condos listed in Downtown Toronto over the last 30 days (March 31 - April 29), which is up 4.9% compared with the previous 30 day period (March 1 - March 30) and up 16.2% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($3,141) (0.7%) below asking price over the last 30 days (March 31 - April 29), which represents a $71 decrease compared to the previous 30 day period (March 1 - March 30) and $6,913 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 0-bedroom condos in Downtown Toronto over the last 30 days (March 31 - April 29) stood at 37.2%, up from 32.9% over the previous 30 days (March 1 - March 30) and down from 39.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 29 days when successfully sold over the last 30 days (March 31 - April 29), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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