390 Cherry St 3208
Waterfront Communities C8, Downtown Toronto, M5A 3L7
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Property Description
Rare Opportunity To Own A Stunning 2 Bed + 2 Bath Suite In The Heart Of The Distillery District! On The Quiet Side Of Downtown Toronto's Busting And Historic Distillery District. Elegant Wall-To-Wall Glass, Hardwood Flooring And Walk-Outs To A Spectacular Wrap-Around Terrace Facing Lake Ontario And Downtown Toronto. The Gooderham Condo Building Is Home To Amazing Facilities Including An Outdoor Swimming Pool, Bbq Stations, Gym, Ttc Literally At Front Door.
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Extras
Sale Includes 1 Underground Parking Spot, 1 Locker, Washer/Dryer, Fridge, Stove, Dishwasher, Window Blinds & All Electric Light Fixtures, Except Kitchen Light Fixture.Unit Is Currently Tenanted. 24 Hours Notice Required.
Property Features
Arts Centre, Clear View, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,637 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Level G #308)
Garage Type
Undergrnd
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
390 Cherry St 3208 is a 2-bedroom 2-bathroom condo listed for sale at $798,000, which is $6,388 (0.8%) higher than the average sold price of $791,612 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $7,727 (1.0%) compared to the previous 30 day period (February 19 - March 19) and up $2,929 (0.4%) from the same time one year ago.Inventory Change
There were 1,386 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 15.2% compared with the previous 30 day period (February 19 - March 19) and up 33.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,721) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $1,553 increase compared to the previous 30 day period (February 19 - March 19) and ($8,662) 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 20 - April 18) stood at 50.3%, up from 46.0% over the previous 30 days (February 19 - March 19) and down from 64.5% 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 20 - April 18), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 New Star Realty Inc., Brokerage
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