199 Richmond St 501
Waterfront Communities C1, Downtown Toronto, M5V 0H4
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BEDROOMS2
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Property Description
Located In The Heart Of Financial District. Steps To University & Richmond, U Of T, Subway Station & Public Trans. Modern Layout With Split 1+1 Bed 685 Sqft (As Per Floor Plan) (Den Big Enough To Be 2nd Bdr 5.0/5.0) Open Concepts Kitchen W/Built In Appliances, Living & Dining Combo, And One Locker. All Laminate Floors, Walkout To Large Size Open Balcony (125 Sqft). Amenities Including Ot Tubs, Roof Top Terraces & Bbq's, Billiard & Party Room.
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Extras
All Built In: Fridge, Stove, Oven, Fan, Dishwasher, Washer/Dryer.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Undergrnd
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
199 Richmond St 501 is a 1-bedroom 2-bathroom condo listed for sale at $578,888, which is $24,488 (4.1%) lower than the average sold price of $603,376 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $6,803 (1.1%) compared to the previous 30 day period (February 24 - March 24) and down $19,728 (3.2%) from the same time one year ago.Inventory Change
There were 1,599 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 19.3% compared with the previous 30 day period (February 24 - March 24) and up 59.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,077) (1.3%) below asking price over the last 30 days (March 25 - April 23), which represents a $2,510 increase compared to the previous 30 day period (February 24 - March 24) and ($2,732) 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 (March 25 - April 23) stood at 43.1%, down from 44.4% over the previous 30 days (February 24 - March 24) and down from 73.1% 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 26 days when successfully sold over the last 30 days (March 25 - April 23), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Realty In Motion Inc., Brokerage
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