318 Richmond St W 2304
Waterfront Communities C1, Downtown Toronto, M5V 1X2
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Property Description
Picasso Just As Name Suggests, State Of Art Built By Mattamy In The Heart Of Entertainment District, 1 Bedroom Luxury Most Desirable Location, Min To Financial And Fashion District. Highly Upscale Building With 5 Star Amenities, Includes Party Rm, Bar Lounge, Fitness Studio, Media Rm, Spa & Sauna, Billiards Rm, Yoga Rm, 24 Hrs Concierge, Transit At Door Step. All Contemporary Decors. Experience Modem Living In Heart Of Toronto.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-05-04 | 2020-08-18 | 106 | $1,950 | $1,800 | Leased |
Extras
Modern Open Concept Kitchen With Built In Fridge And Oven, Cooktop, B/I Dishwasher, Ensuite Laundry, Very Functional And Spacious Floor Plan, 9 Ft. Ceiling And Beautiful East Side City View.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,020 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.30' x 19.19' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Main | 12.30' x 19.19' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Main | 12.30' x 19.19' | Laminate, B/I Appliances, Open Concept |
| Br | Main | 9.58' x 10.99' | Laminate, B/I Closet, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St W 2304 is a 1-bedroom 1-bathroom condo listed for sale at $539,000, which is $64,045 (10.6%) lower than the average sold price of $603,045 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $4,444 (0.7%) compared to the previous 30 day period (February 25 - March 25) and down $19,478 (3.1%) from the same time one year ago.Inventory Change
There were 1,630 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 19.1% compared with the previous 30 day period (February 25 - March 25) and up 57.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,085) (1.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,619 increase compared to the previous 30 day period (February 25 - March 25) and ($2,921) 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 26 - April 24) stood at 41.8%, down from 44.6% over the previous 30 days (February 25 - March 25) and down from 74.2% 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 26 - April 24), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Paramount Realty Inc., Brokerage
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