435 Richmond St W 905

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435 Richmond St W 905, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C3996934
MLSID
Contact Us
Property Description
2 Bedroom + 2 Washroom Condo Built By Menkes In Sep 2016.Excellent Location In Heart Of Toronto.Steps To Fashion District On Queen St,The Best Restaurants And Bars On King St.Short Stroll To Financial District,Eaton Center,University Campus,Etc. Less Than A 10 Min Walk To Osgoode & St Andrew Stn. Spadina Street Car At Doorstep. The Unit Has A South Facing Cn Tower View. Bldg Has Rooftop Patio/Garden, Gym, Etc. Excellent Investment Or Live In Unit.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-17 2020-12-02 15 $599,000 $650,000 Sold
Extras
Unit Can Be Shown Anytime As Its Vacant. Furniture Is Also Available For Sale If Your Client Wants To Purchase
Property Features
Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,764 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
MasterMain8.89' x 12.11'3 Pc Ensuite
2nd BrMain8.01' x 10.20'
KitchenMain10.99' x 11.29'Combined W/Living
LivingMain8.40' x 16.37'Combined W/Dining
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
435 Richmond St W 905 is a 2-bedroom 2-bathroom condo listed for sale at $589,000, which is $219,248 (27.1%) lower than the average sold price of $808,248 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $27,050 (3.5%) compared to the previous 30 day period (February 26 - March 26) and up $6,488 (0.8%) from the same time one year ago.
Inventory Change
There were 1,491 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.6% compared with the previous 30 day period (February 26 - March 26) and up 34.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,410) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $1,522 increase compared to the previous 30 day period (February 26 - March 26) and ($6,828) 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 27 - April 25) stood at 47.0%, up from 46.2% over the previous 30 days (February 26 - March 26) and down from 65.2% 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 24 days when successfully sold over the last 30 days (March 27 - April 25), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Cityscape Real Estate Ltd., Brokerage
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