318 Richmond St W 603
Bay Street Corridor, Downtown Toronto, M5V 0B4
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Property Description
Spacious Studio Unit 432 Sqft With Big Balcony( 50+ Sqft) . In The Heart Of The Fastest Growing City In The World. Unobstructed Views. Restaurants, Cafes, Shopping And Entertainment At Your Doorstep. 24 Hr Queen Streetcar. Osgoode Subway Station To Union Station & Bloor Subway Line. Walk To Kensington Market, Rogers Centre, King Westm, Ago, Uoft, Chinatown & Bay St.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-11-30 | 2020-12-11 | 11 | $479,000 | $475,000 | Sold |
| 2020-11-13 | 2020-12-21 | 38 | $1,400 | - | Terminated |
Extras
Fridge, Stove, Dishwasher, Washer& Dryer, Blinds
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete, Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St W 603 is a 0-bedroom 1-bathroom condo listed for sale at $369,900, which is $86,413 (18.9%) lower than the average sold price of $456,313 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $18,687 (3.9%) compared to the previous 30 day period (February 19 - March 19) and down $33,175 (6.8%) from the same time one year ago.Inventory Change
There were 83 0-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is down 8.8% compared with the previous 30 day period (February 19 - March 19) and up 33.9% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($2,759) (0.6%) below asking price over the last 30 days (March 20 - April 18), which represents a $9,927 increase compared to the previous 30 day period (February 19 - March 19) and ($3,975) more 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 0-bedroom condos in Downtown Toronto over the last 30 days (March 20 - April 18) stood at 51.8%, up from 25.3% over the previous 30 days (February 19 - March 19) and down from 72.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 22 days when successfully sold over the last 30 days (March 20 - April 18), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc., Brokerage
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