318 Richmond St W 1205

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318 Richmond St W 1205, Downtown Toronto
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C3812152
MLSID
Contact Us
Property Description
Picasso Condos Studio Close To All The Action At Richmond St W + John St Steps To Scotiabank Theatre King St W Bars + Restaurants Queen St W Shops. Features Include All Wood "Floors No Carpet Modern Kitchen + Very Nice "Square" Floorplan' With No Wasted Space. Buyer To Assume Tenant Ideal For Investor Low Maintenance Fees, A Must See Unit & View
Extras
Froge Stove, Dishwasher, Microwave, Washer & Dryer, Blinds, Upgraded Potlight In Tub/Shower.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.48' x 15.65'Combined W/Dining, Wood Floor, Window
DiningMain13.48' x 15.65'Combined W/Kitchen, Wood Floor, East View
KitchenMain13.48' x 15.65'Combined W/Dining, Wood Floor, Modern Kitchen
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St W 1205 is a 0-bedroom 1-bathroom condo listed for sale at $349,900, which is $122,324 (25.9%) lower than the average sold price of $472,224 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto increased by $7,066 (1.5%) compared to the previous 30 day period (January 29 - February 27) and down $12,711 (2.6%) from the same time one year ago.
Inventory Change
There were 87 0-bedroom condos listed in Downtown Toronto over the last 30 days (February 28 - March 28), which is down 7.4% compared with the previous 30 day period (January 29 - February 27) and up 58.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($2,885) (0.6%) below asking price over the last 30 days (February 28 - March 28), which represents a $4,098 increase compared to the previous 30 day period (January 29 - February 27) and ($14,130) 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 (February 28 - March 28) stood at 33.3%, up from 25.5% over the previous 30 days (January 29 - February 27) and down from 81.8% 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 24 days when successfully sold over the last 30 days (February 28 - March 28), compared to 39 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Vision Realty, Brokerage
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