438 Richmond St W 408

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438 Richmond St W 408, Downtown Toronto
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C4283950
MLSID
Contact Us
Property Description
Fabulous Boutique Style Building, In The Heart Of The Fashion District.Integrated Appliances, Quartz Counter Tops In Kitchen, Engineered Laminate Throughout All Living Spaces, 9' Ceilings, Fabulous Building Amenities! Mins To Entertainment & Fashion Districts, U Of T, Queen St. Shopping, Restaurants & Cafes. Fantastic Rooftop Terrace View
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-12-06 2018-12-07 1 $419,000 $415,000 Sold
2018-11-26 2018-12-01 5 $429,000 - Terminated
2018-11-13 2018-11-21 8 $439,000 - Terminated
2018-10-30 2018-11-08 9 $449,000 - Terminated
Extras
Stainless Fridge, Dishwasher, Microwave, Stove, Washer, Dryer, Closet & Storage Locker.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,675 (2018)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
438 Richmond St W 408 is a 0-bedroom 1-bathroom condo listed for sale at $459,000, which is $14,213 (3.2%) higher than the average sold price of $444,787 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $5,622 (1.2%) compared to the previous 30 day period (February 23 - March 23) and down $49,236 (10.0%) from the same time one year ago.
Inventory Change
There were 75 0-bedroom condos listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is down 14.8% compared with the previous 30 day period (February 23 - March 23) and up 27.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($2,755) (0.6%) below asking price over the last 30 days (March 24 - April 22), which represents a $3,062 increase compared to the previous 30 day period (February 23 - March 23) and $1,731 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 0-bedroom condos in Downtown Toronto over the last 30 days (March 24 - April 22) stood at 53.3%, up from 25.0% over the previous 30 days (February 23 - March 23) and down from 71.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 21 days when successfully sold over the last 30 days (March 24 - April 22), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Elite Jerry Wen Realty Inc., Brokerage
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