318 Richmond St W 601

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318 Richmond St W 601, Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C4068166
MLSID
Contact Us
Property Description
Welcome To Picasso! Located In The Heart Of The Entertainment District. 2 Bedrooms 2 Baths (780 Sq/Ft) With Unobstructed North View, Open Concept Living, Dining And Kitchen. Laminate Flooring Throughout. Low Maintenance Fees. Amazing Bldg Amenities Incl. 24 Hr. Concierge, Yoga Studio, Gym, Games & Media Room, Outdoor Lounge, Pool & Bbq. Walk Score 100!!! Close To Fashion District, Restaurant, China Town, Universities, And Much More...
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-03-19 2023-03-28 9 $3,200 $3,300 Leased
2019-03-14 2019-03-14 1 $699,000 $710,000 Sold
Extras
All Existing Appliances: Fridge, Cook Top, Built In Oven, B/I Microwave, Washer/Dryer, B/I Dishwasher And Locker.
Property Features
Hospital, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,674 (2018)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
FoyerMain3.28' x 11.32'Laminate, Double Closet, 4 Pc Bath
LivingMain11.81' x 20.67'Laminate, Open Concept, W/O To Balcony
DiningMain11.81' x 20.67'Laminate, Combined W/Living, Open Concept
KitchenMain11.81' x 20.67'Laminate, Combined W/Dining, Ceramic Back Splash
MasterMain10.33' x 10.50'Laminate, 3 Pc Ensuite, W/I Closet
2nd BrMain8.04' x 8.86'Laminate, Double Closet, Mirrored Closet
Toronto Market Statistics
Toronto Price Trend
318 Richmond St W 601 is a 2-bedroom 2-bathroom condo listed for sale at $678,000, which is $126,600 (15.7%) 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 Toronto increased by $16,555 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $8,624 (1.1%) from the same time one year ago.
Inventory Change
There were 1,466 2-bedroom condos listed in Toronto over the last 30 days (March 26 - April 24), which is up 21.0% compared with the previous 30 day period (February 25 - March 25) and up 36.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in 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 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 2-bathroom condo in 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 Infinite Inc., Brokerage
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