255 Richmond St E 1414

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255 Richmond St E 1414, Downtown Toronto
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C4046912
MLSID
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Property Description
Natural Light, Beautiful Condo. Open Concept Lifestyle With A Spacious Unobstructed Balcony View. Inclusive Maintenance Fees. Strong Community. Steps To Tim Hortons, King, George Brown, Financial District, Distillery District, St. Lawrence Market, Eaton Centre.
Extras
Stainless Steel Fridge, Stainless Steel Stove, Stainless Steel Dishwashwer, Stainless Steel B/I Microwave, Washer And Dryer, Elfs, Window Coverings.
Property Features
Clear View, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,331 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (C-44)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
KitchenMain8.73' x 11.22'Open Concept
DiningMain6.40' x 11.22'Laminate, Open Concept
LivingMain11.22' x 21.92'Laminate, Open Concept, W/O To Balcony
MasterMain10.60' x 16.01'Laminate, W/I Closet, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
255 Richmond St E 1414 is a 1-bedroom 1-bathroom condo listed for sale at $538,500, which is $62,771 (10.4%) lower than the average sold price of $601,271 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,761 (1.0%) compared to the previous 30 day period (February 19 - March 19) and down $24,530 (3.9%) from the same time one year ago.
Inventory Change
There were 1,531 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 10.9% compared with the previous 30 day period (February 19 - March 19) and up 49.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,365) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $2,284 increase compared to the previous 30 day period (February 19 - March 19) and ($4,510) 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 20 - April 18) stood at 45.1%, up from 43.1% over the previous 30 days (February 19 - March 19) and down from 76.3% 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 (March 20 - April 18), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd., Brokerage
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