311 Richmond St E 1009
Moss Park, Downtown Toronto, M5A 4S8
FOR SALE
$479,000
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Property Description
Located in Toronto's historic St. Lawrence neighbourhood at Richmond & Sherbourne, this charming 11-storey boutique condominium offers 90 thoughtfully designed units ideal for modern urban living. This smoke-free building features contemporary layouts complemented by essential amenities including a well-equipped exercise facility, a party room for entertaining, in-suite laundry, and air conditioning throughout. Perfectly positioned for young professionals and couples, residents enjoy easy walking access to George Brown College, Moss Park, and the vibrant Distillery District. The highly walkable location puts countless restaurants, shops, and daily conveniences right at your doorstep, while excellent public transit connections and major highway access make commuting a breeze. This residence strikes the perfect balance between modern comfort and prime downtown location, offering an ideal living solution for those seeking to experience the best of Toronto's dynamic cultural scene and urban lifestyle.
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Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,845 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.53' x 16.40' | Laminate, Combined W/Dining, Juliette Balcony |
| Dining | Flat | 10.53' x 16.40' | Laminate, Combined W/Living |
| Kitchen | Flat | 6.30' x 9.58' | Ceramic Floor, Ceramic Back Splash |
| Prim Bdrm | Flat | 8.86' x 11.81' | Semi Ensuite, Broadloom, Double Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
311 Richmond St E 1009 is a 1-bedroom 1-bathroom condo listed for sale at $479,000, which is $84,690 (15.0%) lower than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 1-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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