320 Richmond St E 1316

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320 Richmond St E 1316, Downtown Toronto
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C3681216
MLSID
Contact Us
Property Description
This Is The Perfect Opportunity For First Time Buyers! Welcome To The Modern On Richmond. Walking Distance To Downtown, Financial District, St Lawrence Market And More. Great Amenities And Low Maintenance Fees.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-30 2021-02-22 84 $1,595 $1,550 Leased
Extras
S/S Appl: Fridge, Stove, Dishwasher, Microwave, Washer/Dryer, All Elfs, Existing Window Coverings
Property Features
Clear View, Hospital, Library, Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,772 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
FoyerFlat12.99' x 3.97'Hardwood Floor, Hardwood Floor, Closet
LivingFlat6.99' x 9.97'Hardwood Floor, W/O To Balcony, East View
KitchenFlat8.99' x 4.99'Hardwood Floor, Stainless Steel Appl, Breakfast Bar
BrFlat6.99' x 7.97'Broadloom, Large Window, Pocket Doors
OtherFlat3.97' x 19.00'Concrete Floor, Concrete Floor, East View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
320 Richmond St E 1316 is a 1-bedroom 1-bathroom condo listed for sale at $340,000, which is $262,936 (43.6%) 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 Keller Williams Referred Urban Realty, Brokerage
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