388 Richmond St W Ph10
Waterfront Communities C1, Downtown Toronto, M5V 1X6
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Property Description
Opportunity To Own Your Own Rarely Offered Professionally Designed Two Storey Penthouse At Spadina & Richmond. The Penthouse Is 1538 Sq. Ft. Two Bdrm, Two Wshrm With Jaw Dropping Reno Master Ensuite & 350 Sq. Ft. Master Bedroom. This Penthouse Includes Soaring Exposed Concrete Ceilings. Beautiful Walnut Hdwd Flrs, Fl.To Ceiling Windows & Designer Finishes Thr/Out. An Expansive Unobstructed Outdoor Area With Over 300 Sq. Ft Terrace With A Gas Bbq Line.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-08 | 2023-09-18 | 10 | $1,590,000 | $1,550,000 | Sold |
| 2022-01-31 | 2022-02-24 | 24 | $4,800 | $4,650 | Leased |
| 2021-02-03 | 2021-02-24 | 22 | $4,300 | $4,000 | Leased |
Extras
Prime Prking &Locker, All Electrical Light Fixtures, All Electric Window Coverings, All Appliances Incl A Gas Oven. All In And Outdoor Bose B/I Speaker System. Walnut Flooring, Brand New W/D, Bas Bbq & Water Line. 2 New Heat Pumps.
Property Features
Clear View, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1400-1599
Taxes
$5,050 (2016)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P2 #33)
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 15.09' x 8.53' | Hardwood Floor, Staircase |
| Master | Main | 11.15' x 18.21' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
| Br | Main | 8.01' x 8.89' | Hardwood Floor |
| Kitchen | Main | 7.32' x 11.15' | Stainless Steel Appl, Centre Island, Hardwood Floor |
| Dining | 2nd | 8.01' x 10.01' | Hardwood Floor, Combined W/Living |
| Living | 2nd | 10.01' x 15.09' | Hardwood Floor, Combined W/Dining, W/O To Patio |
| Other | 2nd | 11.15' x 25.00' | Balcony |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
388 Richmond St W Ph10 is a 2-bedroom 2-bathroom condo listed for sale at $1,449,800, which is $649,647 (81.2%) higher than the average sold price of $800,153 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $13,971 (1.8%) compared to the previous 30 day period (February 24 - March 24) and up $10,073 (1.3%) from the same time one year ago.Inventory Change
There were 1,427 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 21.1% compared with the previous 30 day period (February 24 - March 24) and up 38.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($8,964) (1.1%) below asking price over the last 30 days (March 25 - April 23), which represents a $3,024 increase compared to the previous 30 day period (February 24 - March 24) and ($5,832) 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 Downtown Toronto over the last 30 days (March 25 - April 23) stood at 48.4%, up from 46.1% over the previous 30 days (February 24 - March 24) and down from 63.5% 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 Downtown Toronto stood at 23 days when successfully sold over the last 30 days (March 25 - April 23), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
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