438 Richmond St W 1401
Waterfront Communities C1, Downtown Toronto, M5V 3S6
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Property Description
Luxurious 2 Bedroom Corner Sub Penthouse At The Morgan With Expansive City Views! Offering A Unique Layout With Both South & North Exposures & Two Outdoor Living Spaces. -9 Ft Ceilings, Open Concept Living & Dining And Kitchen With Granite Countertops. A Gas Fireplace, Hardwood Flooring And A Spacious Entry Foyer With Customized Leather Seating. Close To U Of T, Waterfront, Financial &Entertainment District.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-18 | 2023-07-28 | 10 | $5,300 | $5,400 | Leased |
| 2023-06-22 | 2023-07-17 | 25 | $5,500 | - | Terminated |
| 2022-04-01 | 2022-05-02 | 31 | $1,559,000 | $1,370,000 | Sold |
| 2022-03-22 | 2022-04-01 | 10 | $1,399,000 | - | Terminated |
Extras
Include S/S Fridge, Gas Stove, B/I Dishwasher , B/I Microwave, Washer/Dryer, Gas Fireplace, Remote Terrace Awning, All Blinds, All Elf's, Locker& Parking.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$4,378 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.66' x 20.24' | Gas Fireplace, Hardwood Floor, W/O To Balcony |
| Dining | Main | 9.51' x 10.01' | Combined W/Living, Hardwood Floor |
| Kitchen | Main | 7.84' x 10.01' | Stainless Steel Appl, Granite Counter |
| Master | Main | 10.01' x 14.83' | 4 Pc Ensuite, W/O To Balcony |
| 2nd Br | Main | 9.68' x 10.10' | Large Closet, Hardwood Floor |
| Foyer | Main | 6.20' x 11.09' | Slate Flooring |
| Laundry | Main | 5.54' x 5.58' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
438 Richmond St W 1401 is a 2-bedroom 2-bathroom condo listed for sale at $849,000, which is $40,752 (5.0%) higher 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 Master`S Choice Realty Inc., Brokerage
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