199 Richmond St W 618

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199 Richmond St W 618, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
C4035503
MLSID
Contact Us
Property Description
Luxury Condo In Downtown Core At The Financial And Entertainment District."Studio On Richmond". 731 Sq Ft With Large Balcony 104 Sq.Ft. Total 835 Sq.Ft. As Per Builder's Floor Plan. 1 Parking And 1 Locker Room. Steps To Subway, Shopping And University. Great Amenities Include: Gym, Sauna & Steam Room, Billiards, Roof Top Deck, Party Room, Guest Suites, 24Hr Security .
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-08 2023-05-17 10 $2,950 $2,950 Leased
2023-02-13 2023-04-28 74 $3,300 - Expired
2021-11-30 2022-01-14 45 $890,000 - Terminated
2020-09-11 2020-11-08 60 $795,000 - Expired
Extras
Built-In Fridge, Stove Top, Dishwasher, Washer & Dryer, Electrical Light Fixtures, Window Coverings.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,154 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level E/Unit 18)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat11.09' x 18.93'Laminate, Combined W/Dining, Window
DiningFlat11.09' x 18.93'Laminate, Combined W/Living, W/O To Balcony
KitchenFlat11.09' x 18.93'Laminate, Combined W/Living
DenFlat7.91' x 9.58'Laminate
BrFlat7.91' x 9.91'Laminate, 3 Pc Ensuite, Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
199 Richmond St W 618 is a 1-bedroom 2-bathroom condo listed for sale at $669,000, which is $68,307 (11.4%) higher than the average sold price of $600,693 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,634 (0.6%) compared to the previous 30 day period (January 28 - February 26) and down $14,192 (2.3%) from the same time one year ago.
Inventory Change
There were 1,396 1-bedroom condos listed in Downtown Toronto over the last 30 days (February 27 - March 27), which is up 25.0% compared with the previous 30 day period (January 28 - February 26) and up 29.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,941) (1.8%) below asking price over the last 30 days (February 27 - March 27), which represents a $973 decrease compared to the previous 30 day period (January 28 - February 26) and ($8,010) 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 (February 27 - March 27) stood at 45.7%, down from 48.2% over the previous 30 days (January 28 - February 26) and down from 64.9% 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 (February 27 - March 27), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Kingsway Real Estate Brokerage, Brokerage
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