388 Richmond St W 1121

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388 Richmond St W 1121, Downtown Toronto
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C3932482
MLSID
Contact Us
Property Description
Wow! Spectacular 2 Storey Condo At The Architecturally Award Winning District Lofts! Amazing Uber Chic Layout Of Almost 800 Sqft On 2 Levels Plus 77 Sqft Outdoor Terrace! 10' Ceiling, Super Bright, Fantastic Views And Energy And All In The Heart Of Downtown. Designers Own Space. Wonderful Suite To Call Home! Walk To Everywhere You Want To Be!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-06 2020-08-07 2 $3,200 $3,200 Leased
Extras
Gas Hook Up On Terrace For Bbq, 1 Undrground Parking & Storage Locker Complete This Suite! Stainless Steel: Gas Stove,Microwave Hood, Fridge, B/I Dishwasher And Stacked Washer And Dryer. Excludes Dining Light Fixture, Dressers In Bedrooms
Property Details
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
800-899
Taxes
$2,965 (2017)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (Pb)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
KitchenMain11.35' x 9.51'Hardwood Floor, Stainless Steel Appl, Stone Counter
DiningMain11.35' x 20.93'Hardwood Floor, Combined W/Living, Saloon Doors
LivingMain11.35' x 20.93'Hardwood Floor, W/O To Terrace, Nw View
Master2nd11.35' x 12.53'Broadloom, Juliette Balcony, Large Closet
2nd Br2nd11.25' x 11.35'Broadloom, Large Closet, Large Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
388 Richmond St W 1121 is a 2-bedroom 1-bathroom condo listed for sale at $649,000, which is $138,467 (17.6%) lower than the average sold price of $787,467 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,669 (2.3%) compared to the previous 30 day period (January 28 - February 26) and down $17,878 (2.2%) from the same time one year ago.
Inventory Change
There were 1,231 2-bedroom condos listed in Downtown Toronto over the last 30 days (February 27 - March 27), which is up 16.4% compared with the previous 30 day period (January 28 - February 26) and up 22.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($12,445) (1.6%) below asking price over the last 30 days (February 27 - March 27), which represents a $72 increase compared to the previous 30 day period (January 28 - February 26) and ($11,558) 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 (February 27 - March 27) stood at 48.2%, up from 46.0% over the previous 30 days (January 28 - February 26) and down from 62.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (February 27 - March 27), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Fine Living Realty Inc., Brokerage
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