318 Richmond St W 3606
Waterfront Communities C1, Downtown Toronto, M5V 0B4
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Property Description
Welcome To The Highly Anticipated Picasso On Richmond. With Its Distinguished Red&White Cube Designed Exterior, This Building Has Become A Landmark Within Queen West. This 1 Bed +Den Offers Fabulous South View Of Toronto's Skyline From 36th Floor. Gorgeous View Of Cn Tower From High Level Floor Balcony. Separate Den, Open Concept Kitchen & Living Space. Second From Queen St,Kensington Market, Entertainment & Financial District.Work And Play Opportunity.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-04-14 | 2022-04-30 | 16 | $2,600 | $2,675 | Leased |
Extras
Amenities Incl Access To Prestigious Picasso Club Feat. Designer Decorated Special Event/Party Room W/ Private Terrace &Bbq, Cabanas Fireplace &Outdoor Hot Tub, Sports Lounge W/ Billiards Table & Tv, Fitness Facilities W/Yoga Rm&Sauna.
Property Features
Arts Centre, Clear View, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 22.90' x 12.80' | Combined W/Dining, W/O To Balcony, Hardwood Floor |
| Dining | Main | 22.90' x 12.80' | Combined W/Living, W/O To Balcony, Hardwood Floor |
| Kitchen | Main | 22.90' x 12.80' | Stainless Steel Appl, Granite Counter, Open Concept |
| Den | Main | 6.50' x 8.86' | Hardwood Floor |
| Master | Main | 10.01' x 10.40' | Hardwood Floor, Double Closet, South View |
| Other | Main | 5.41' x 8.96' | Balcony, South View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St W 3606 is a 1-bedroom 1-bathroom condo listed for sale at $633,000, which is $29,624 (4.9%) higher than the average sold price of $603,376 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $6,803 (1.1%) compared to the previous 30 day period (February 24 - March 24) and down $19,728 (3.2%) from the same time one year ago.Inventory Change
There were 1,599 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 19.3% compared with the previous 30 day period (February 24 - March 24) and up 59.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,077) (1.3%) below asking price over the last 30 days (March 25 - April 23), which represents a $2,510 increase compared to the previous 30 day period (February 24 - March 24) and ($2,732) 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 25 - April 23) stood at 43.1%, down from 44.4% over the previous 30 days (February 24 - March 24) and down from 73.1% 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 26 days when successfully sold over the last 30 days (March 25 - April 23), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Best Choice Realty, Brokerage
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