255 Richmond St E 1513

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255 Richmond St E 1513, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C3707039
MLSID
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Property Description
Spacious, End-Unit Condo With Unobstructed South Lake Views. Steps Away From St. Lawrence Market, George Brown College, The Distillery District, Bars, Shops And Ttc. Large 65 Sq Ft Balcony Provides Private Outdoor Space. Euro-Style Maple Kitchen.
Extras
Stove, Fridge, Built-In Microwave, Built-In Dishwasher, Washer, Dryer, All Electronic Light Fixtures (One Parking Included P2 #44). More Pictures Coming Soon!
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,538 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Lvl B, Unit 44)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat11.48' x 15.75'Combined W/Dining, Wood Floor, W/O To Balcony
DiningFlat11.48' x 15.75'Combined W/Living, Wood Floor
KitchenFlat7.51' x 8.99'Open Concept, Ceramic Floor, Modern Kitchen
MasterFlat10.01' x 12.47'Broadloom, W/I Closet
DenFlat8.01' x 9.51'Broadloom
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
255 Richmond St E 1513 is a 1-bedroom 1-bathroom condo listed for sale at $449,900, which is $150,793 (25.1%) lower 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 1-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 Royal Lepage Terrequity Realty, Brokerage
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