318 Richmond St W 1103

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318 Richmond St W 1103, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C3933410
MLSID
Contact Us
Property Description
Beautiful Condo Unit In Picasso Building In Heart Of Entertainment Centre Of Toronto Downtown. Clear View No Building In Front. 652 Sq Feet 1 Bed + Den + 55 Sq Feet Glass Balcony. Modern Kitchen, Open Concept All Window Coverings. Full Of Natural Light With Windows From Top To Bottom.
Extras
Extra: S/S Fridge, Cook Top Stove With Built In Oven, Washer/Dryer, Dishwasher. All Window Coverings
Property Features
Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,345 (2017)
Basement
None
Exterior
Concrete, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Elevator
Yes
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain3.87' x 4.63'Laminate, Combined W/Dining
DenMain2.49' x 1.71'Laminate, Open Concept
MasterMain3.05' x 3.15'Laminate, Closet Organizers
OtherMain1.61' x 3.15'Concrete Floor, Balcony
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St W 1103 is a 1-bedroom 1-bathroom condo listed for sale at $565,800, which is $37,136 (6.2%) lower 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 1-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 Century 21 Atria Realty Inc., Brokerage
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