320 Richmond St E 409

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320 Richmond St E 409, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C3850049
MLSID
Contact Us
Property Description
Opportunity Knocks! Live In Luxury At "The Modern" A Coveted Condo Complex. This Unique Open Concept Layout Has High Ceilings And An Additional Alcove Off The Living Room. Enjoy A Large West Facing 110 Sf Balcony, Great Space For Entertaining, The Kitchen/Dining Room Island Can Seat 5 Comfortably, It Boasts Extra Storage And Extra Counter Space, The Master Has Two Large Mirrored Closets Leading To A Four Piece Ensuite. Check Out The Virtual Tour!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-05 2020-08-08 3 $679,900 $669,000 Sold
Extras
Stainless Steel Fridge, Stainless Steel Stove, Stainless Steel Built-In Dishwasher, Stainless Steel Built In Microwave, Stackable Washer And Dryer, Eat-At Kitchen Island With Drawers, All Electric Light Fixtures, All Window Coverings,
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,445 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
320 Richmond St E 409 is a 1-bedroom 2-bathroom condo listed for sale at $474,900, which is $126,371 (21.0%) lower than the average sold price of $601,271 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,761 (1.0%) compared to the previous 30 day period (February 19 - March 19) and down $24,530 (3.9%) from the same time one year ago.
Inventory Change
There were 1,531 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 10.9% compared with the previous 30 day period (February 19 - March 19) and up 49.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,365) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $2,284 increase compared to the previous 30 day period (February 19 - March 19) and ($4,510) 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 20 - April 18) stood at 45.1%, up from 43.1% over the previous 30 days (February 19 - March 19) and down from 76.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 20 - April 18), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton City Realty Inc., Brokerage
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