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
C3959144
MLSID
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Property Description
Beautiful Condo Unit In Picasso Building In Heart Of Entertainment Centre Of Toronto Downtown. 9 Feet Ceilings, Clear View To Downtown No Buildings In Front. 652 Sq Feet Incl Living; Master And Den + Extra 55 Sq Feet Balcony. Modern Kitchen Cabinets, Built-In S/S Appliances. Open Concept + All Window Coverings, Full Of Natural Light With Windows From Top To Bottom, Backsplash, Granite Countertop, Laminate Flooring.
Extras
Integrated Fridge, Cooktop Stove With Built-In Oven, Washer/Dryer, Dishwasher, All Window Coverings. Walking Distance To Ttc, Street Car, Cn Tower, Rogers Centre. 24Hr Concierge, Yoga, Spa, Sauna, Exercise Room.
Property Features
Other, Public Transit, Waterfront
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,346 (2017)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain12.73' x 15.09'Laminate, Combined W/Dining
DenMain8.20' x 5.61'Laminate, Open Concept
MasterMain9.97' x 10.27'Laminate, Closet Organizers
OtherMain4.10' x 10.70'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 $549,999, which is $52,937 (8.8%) 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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