500 Richmond St W 118
Waterfront Communities C1, Downtown Toronto, M5V 1Y2
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Property Description
Why Settle For A Traditional Condo Box? Over 1500 Sq Ft Total Living Space In One Of Toronto's Hottest Hoods. Custom Floorplan (Originally 2 Bdrm) W/Private Entrance & Nearly 1100 Sq Ft Inside + Incredible 425 Sq Ft Private Terrace W/Decking, Gardens & Gas Bbq. 3/4" Birch Hardwood Flrs, Gas Fireplace, Gas Range, Breakfast Bar, Massive Second Flr Master W/Ensuite, Frameless Glass Shower, Wall Of Closets & Spacious Den/Office/Baby's Room/Guest Bdrm/Dressing Rm.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-10-24 | 2019-11-04 | 11 | $899,000 | $860,900 | Sold |
Extras
Lots Of Storage Including Pantry/Laundry Room! "Other" Is Terrace. Incl: Fridge, Gas Stove, B/I Microwave Range Hood, Dishwasher, Washer & Dryer, All Window Coverings & Elfs, Built-In Storage In Kitchen, Bbq. Excl: Chandelier In Living Rm.
Property Features
Fenced Yard, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$2,869 (2013)
Basement
None
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 17.06' x 21.42' | Hardwood Floor, W/O To Balcony, Open Concept |
| Kitchen | Ground | 7.32' x 8.86' | Open Concept, Breakfast Bar, O/Looks Living |
| Master | 2nd | 14.37' x 15.85' | Hardwood Floor, 3 Pc Ensuite, Large Closet |
| Den | 2nd | 12.43' x 17.16' | Hardwood Floor, Window, Closet |
| Other | Ground | 18.04' x 23.75' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Richmond St W 118 is a 1-bedroom 1-bathroom townhome listed for sale at $529,900, which is $177,872 (25.1%) lower than the average sold price of $707,772 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom townhome in Downtown Toronto increased by $135,372 (23.6%) compared to the previous 30 day period (February 25 - March 25) and up $134,461 (23.5%) from the same time one year ago.Inventory Change
There were 24 1-bedroom townhomes listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 20.0% compared with the previous 30 day period (February 25 - March 25) and up 4.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom townhomes in Downtown Toronto typically sold $15,163 (2.1%) above asking price over the last 30 days (March 26 - April 24), which represents a $23,207 decrease compared to the previous 30 day period (February 25 - March 25) and $35,679 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 1-bedroom townhomes in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 45.8%, down from 50.0% over the previous 30 days (February 25 - March 25) and up from 39.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom townhome in Downtown Toronto stood at 17 days when successfully sold over the last 30 days (March 26 - April 24), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Sage Real Estate Limited, Brokerage
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