500 Richmond St W Ph32

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500 Richmond St W Ph32, Downtown Toronto
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C3815959
MLSID
Contact Us
Property Description
Beautiful 2 Storey Penthouse - Like A Townhouse In The Sky. Your Private Oasis In The City. Stretched Over 2 Luxurious Floors + A 3rd Floor Private 471 Sq Ft Rooftop Terrace. Nestled Between King/Queen West Walk Score=99. Modern Kitchen Opens Into Spacious Dining/Living Room. Amazing Space For Relaxing+Entertaining. 9' Ceilings, Interior Pot Lighting, Granite Counters, S/S Appl, W/I Closet In Master + Full Size In 2nd Bedroom.
Extras
"Backyard Like" Private Rooftop Terrace W/ South Facing Views Of Cn Tower, All Day Sunshine. Bbq Allowed W/ Gas+Water Hookups. S/S Fridge, Stove,Dishwasher,Washer/Dryer,Elfs,New Furnace Owned High Effic 2016,Parking/Locker, Low Maint .Fees
Property Features
Hospital, Park, Public Transit, School
Property Details
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$3,985 (2017)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain12.60' x 17.22'Combined W/Dining, Wood Floor, Open Concept
DiningMain8.99' x 9.32'Combined W/Living, Wood Floor, Open Concept
KitchenMain8.07' x 9.88'Combined W/Dining, Stainless Steel Appl, Granite Counter
Master2nd10.99' x 18.90'W/I Closet, 4 Pc Ensuite
2nd Br2nd9.97' x 14.37'Wood Floor, Closet
Other3rd17.88' x 26.67'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Richmond St W Ph32 is a 2-bedroom 1-bathroom condo listed for sale at $899,000, which is $107,388 (13.6%) 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 1-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 Sutton Group Quantum Realty Inc., Brokerage
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