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
C3961345
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 Apt, 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 condo listed for sale at $899,900, which is $110,943 (14.1%) higher than the average sold price of $788,957 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $9,394 (1.2%) compared to the previous 30 day period (January 29 - February 27) and down $15,870 (2.0%) from the same time one year ago.
Inventory Change
There were 1,262 2-bedroom condos listed in Downtown Toronto over the last 30 days (February 28 - March 28), which is up 15.1% compared with the previous 30 day period (January 29 - February 27) and up 24.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($12,402) (1.6%) below asking price over the last 30 days (February 28 - March 28), which represents a $358 increase compared to the previous 30 day period (January 29 - February 27) and ($11,005) 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 (February 28 - March 28) stood at 48.4%, up from 46.0% over the previous 30 days (January 29 - February 27) and down from 62.5% 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 26 days when successfully sold over the last 30 days (February 28 - March 28), compared to 55 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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