318 Richmond St 301
Bay Street Corridor, Downtown Toronto, M5V 0B4
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BEDROOMS2
BATHROOMS1
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Property Description
Picasso On Richmond By Monarch - A Sculpture On The Skyline. South Facing With 820 Sq.Ft. And 2 Full Washrooms 1 Bedroom + Den Also Can Turn Into 2 Bedrooms***10' Ceiling High!!! Please See Attached Floorplan. Only Mins Away From Little Italy, Kensington Market, Chinatown, St. Lawrence & Financial District, Harbourfront, And The City's Best Sports & Entertainment.
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Extras
B/I Fridge, B/I Cooktop, B/I Oven, B/I Microwave, B/I Dishwasher, Front Load Washer And Dryer. All Elfs. Backsplash, Quartz Countertop, Undermount Lights, Wood Floor,Lots Of Upgraded!!! Full 7 Yrs Tarion Warranty!!
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St 301 is a 1-bedroom 2-bathroom condo listed for sale at $639,900, which is $36,964 (6.1%) higher than the average sold price of $602,936 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,168 (1.2%) compared to the previous 30 day period (February 9 - March 9) and down $19,162 (3.1%) from the same time one year ago.Inventory Change
There were 1,336 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is up 3.6% compared with the previous 30 day period (February 9 - March 9) and up 36.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,476) (1.6%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,496 increase compared to the previous 30 day period (February 9 - March 9) and ($4,645) 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 10 - April 8) stood at 50.3%, up from 44.7% over the previous 30 days (February 9 - March 9) and down from 73.0% 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 27 days when successfully sold over the last 30 days (March 10 - April 8), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Jim Mo Realty, Brokerage
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