390 Cherry St 2208

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390 Cherry St 2208, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C4049025
MLSID
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Property Description
In The Heart Of Historical Distillery District South Facing W/Unobstructed Lakeview, Huge Balcony Spanning The Width Of The Unit. 1+1 ~ 650+150 Sqft Balcony. Reclaimed Hardwood Floors From Gooderham And Wort Days Throughout. Surrounded By Restaurants|cafes|boutique Shopping|entertainment|lake And Art Gallery. Short Distance To Dvp, King Street Car Access Right In Front Of The Building. Home To 1 Of World's 10 Best Christmas Market. Neargoogle's Future City
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-30 2023-09-06 7 $2,900 $2,900 Leased
2023-08-17 2023-08-30 13 $2,900 - Terminated
2021-05-28 2021-06-20 23 $749,900 $745,000 Sold
Extras
All Electrical Light Fixtures, Stainless Steel Fridge, Stove, Brand New Microwave, B/I Dishwasher, Stacked Front Load Washer And Dryer. Upgraded Kitchen Granite Countertops, Backsplash, Cabinets And Washroom Cabinets. Upgraded Floor
Property Features
Arts Centre, Clear View, Lake/Pond, Park, Public Transit, Rec Centre
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,630 (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 C/51)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat11.84' x 28.08'Hardwood Floor, W/O To Balcony, Window Flr To Ceil
DiningFlat9.15' x 28.08'Hardwood Floor, Open Concept, Combined W/Kitchen
KitchenFlat9.15' x 28.08'Hardwood Floor, Granite Counter, Stainless Steel Appl
MasterFlat9.25' x 9.88'Hardwood Floor, Sliding Doors, South View
DenFlat9.42' x 9.42'Hardwood Floor, Window Flr To Ceil, South View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
390 Cherry St 2208 is a 1-bedroom 1-bathroom condo listed for sale at $649,900, which is $46,356 (7.7%) higher than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.
Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) 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 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% 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 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark York Group Realty Ltd., Brokerage
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