25 Richmond St E 1401

FOR SALE
$625,000
25 Richmond St E 1401, Downtown Toronto
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
25 Richmond St E 1401
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C8317486
MLSID
Contact Us
Property Description
Welcome To Yonge+rich Beautiful 2 Years New 1 Bedroom Unit, 493 Sqft +155 Sqft Oversized Balcony With An Unobstructed View + Lots Of Natural Sunlight, Live In The Heart Of Downtown At Yonge And Richmond. Featuring A Functional Floor Plan With High Ceilings: Floor To Ceiling Windows, Bring In Lots Of Natural Sunlight In The Morning: Gourmet Kitchens + Spa-Like Baths, Walking To Subway, Path, Eaton Centre, Universities, The Financial & Entertainment District
Extras
Existing S/S Fridge, Stove, B/I Dishwasher, B/I Microwave, Washer & Dryer, State Pf The Art Amenities: Outdoor Pool With Sun deck, Yoga Studio, Steam Rooms, Gym, Bbq decks, Party Room ***Tenant Is Moving Out On April 30, 2024***
Nearby Intersections
Property Features
Hospital, Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,305 (2023)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Richmond St E 1401 is a 1-bedroom 1-bathroom condo listed for sale at $625,000, which is $25,125 (4.2%) higher than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.
Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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