500 Richmond St W 124

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500 Richmond St W 124, Downtown Toronto
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C3957267
MLSID
Contact Us
Property Description
Rarely Offered, This Meticulous 1100Sqft, Two Bedroom, One Bathroom Townhome In The Iconic Cityscape Terrace Will Be Your Own Private Oasis In The City! Laid Out Over Two Well Appointed Floors, The Suite Offers Both Comfort & Convenience. Heralded By A Modern Kitchen Which Opens Fluidly Into A Spacious Dining & Living Room. Tranquil Private Garden - Perfect For Rejuvenation & Entertaining. Brand New Hardwood Floors. Upgraded Closet Organizers In Master
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-11 2020-11-18 8 $3,200 $3,200 Leased
Extras
Newly Renovated Bathroom. Includes Fridge, Stove, Microwave W/Range Hood, Dishwasher, Washer & Dryer, High Efficiency On Demand Hwt, All Lighting Fixtures, All Window Coverings, B/I Shelving In Dining, Nest Thermostat, Parking & Locker.
Property Features
Arts Centre, Park, Public Transit, School, Terraced
Property Details
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$3,466 (2017)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (A35)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain14.57' x 22.24'Hardwood Floor, Combined W/Dining, W/O To Patio
DiningMain14.57' x 22.24'Hardwood Floor, Combined W/Living, Open Concept
KitchenMain7.19' x 7.74'Hardwood Floor, Breakfast Bar, Modern Kitchen
Master2nd11.32' x 14.04'Hardwood Floor, B/I Closet, South View
2nd Br2nd8.99' x 12.04'Hardwood Floor, Large Closet, South View
Den2nd3.90' x 5.18'Hardwood Floor, Open Concept
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Richmond St W 124 is a 2-bedroom 1-bathroom townhome listed for sale at $899,900, which is $49,484 (5.8%) higher than the average sold price of $850,416 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom townhome in Downtown Toronto declined by $89,377 (9.5%) compared to the previous 30 day period (January 28 - February 26) and down $31,179 (3.5%) from the same time one year ago.
Inventory Change
There were 159 2-bedroom townhomes listed in Downtown Toronto over the last 30 days (February 27 - March 27), which is up 24.2% compared with the previous 30 day period (January 28 - February 26) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Downtown Toronto typically sold $21,972 (2.6%) above asking price over the last 30 days (February 27 - March 27), which represents a $20,470 increase compared to the previous 30 day period (January 28 - February 26) and $15,531 more 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 townhomes in Downtown Toronto over the last 30 days (February 27 - March 27) stood at 56.6%, up from 36.7% over the previous 30 days (January 28 - February 26) and down from 62.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom townhome in Downtown Toronto stood at 19 days when successfully sold over the last 30 days (February 27 - March 27), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Bibby Group Realty, Brokerage
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