318 Richmond St W 3408
Waterfront Communities C1, Downtown Toronto, M5V 1X2
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BEDROOMS1
BATHROOMS1
KITCHENS6 + 1
ROOMSC3804739
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Property Description
Location! Luxury, 2 Bedrm Unit At Highly Sought After,Brand New Picasso Building. Gorgeous,Sun-Filled Corner Unit W/ Stunning City Views, S/S Appliances, Under Mount Sink/Lights,Laminate Throughout,W/I Closet,9' Ceilings. Steps To Transit, World Class Dinning, Shopping, Entertainment & Financial District. Building Features Sauna, 9' Ceilings.Steps To Transit World Class Dinning, Shopping, Building Feat Sauna,Gym,Hot Tub,Party Room
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-06 | 2023-06-25 | 19 | $899,900 | $850,000 | Sold |
| 2019-04-16 | 2019-04-17 | 2 | $3,000 | $3,100 | Leased |
Extras
Concierge, Outdoor Lounge W Bbq, Billiards. 100 Walk Score! S/S Oven, Microwave, B/I Fridge And Dishwasher, Washer/Dryer, 1 Parking Spot, All Elf's. Watch The Sunsets From The Balcony
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.74' x 18.41' | Laminate, Combined W/Dining, Pot Lights |
| Dining | Flat | 9.74' x 18.41' | Laminate, Combined W/Dining, Pot Lights |
| Kitchen | Flat | 6.07' x 8.99' | Laminate, Stainless Steel Appl, B/I Appliances |
| Master | Flat | 10.50' x 11.42' | Laminate, W/I Closet, Large Window |
| 2nd Br | Flat | 9.74' x 13.85' | Laminate, Large Closet, Large Window |
| Foyer | Flat | 7.68' x 14.34' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St W 3408 is a 2-bedroom 1-bathroom condo listed for sale at $690,000, which is $114,600 (14.2%) lower than the average sold price of $804,600 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $16,555 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $8,624 (1.1%) from the same time one year ago.Inventory Change
There were 1,466 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 21.0% compared with the previous 30 day period (February 25 - March 25) and up 36.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($9,449) (1.2%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,479 increase compared to the previous 30 day period (February 25 - March 25) and ($7,124) 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 48.0%, up from 45.6% over the previous 30 days (February 25 - March 25) and down from 63.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 24 days when successfully sold over the last 30 days (March 26 - April 24), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Ultimate Realty Inc., Brokerage
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