318 Richmond St 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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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 2304 is a 1-bedroom 1-bathroom condo listed for sale at $549,900, which is $51,371 (8.5%) 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 1-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 Century 21 Paramount Realty Inc., Brokerage
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