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    1. 390 Cherry St, unit 3408 for rent - image #1
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    3408 - 390 Cherry Street

    Distillery District, Downtown, Toronto
    For RentThe Gooderham
    $4,250/mth
    2 Beds + 1
    2 Bath
    1 Parking
    872 SQFT
    22 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    Partially
    Exposure:
    South West
    Locker:
    None
    Possession Date:
    May 1, 2024
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Dining
    Sw View, Open Concept, Hardwood Floor
    10.56 x 8.43ft
    Kitchen
    Pot Lights, Built-in Appliances, Hardwood Floor
    12.57 x 7.05ft
    Living
    Walkout To Balcony, Combined with Dining, Hardwood Floor
    10.56 x 8.43ft

    About this Listing

    Experience unparalleled elegance with this corner unit, showcasing a thoughtfully designed split-bedroom layout that ensures privacy and comfort. Immerse yourself in the breathtaking beauty of lake and city panoramas from this exclusive waterfront residence. This spacious, luminous 2-bedroom signature suite also features a dedicated office area, catering to both your living and professional needs. Enjoy the luxury of high-end, partially furnished interiors, including sophisticated privacy blinds and exquisite Brazilian hardwood floors throughout. The suite's bespoke built-in shelving and storage solutions add both function and finesse to your living space. The expansive wrap-around balcony offers a serene retreat to relish the gentle morning sunshine and the stunning vistas of Lake Ontario. Located just a short stroll from the downtown core, you'll have convenient access to the subway, the vibrant Distillery District, Sugar Beach, Harbourfront Centre, and a plethora of dining options. This exceptional property presents a remarkable opportunity to indulge in a lifestyle of luxury and convenience.

    ExtrasN/A

    sotheby`s international realty canadaMLS® #C8212708

    Amenities

    Rooftop Deck
    Visitor Parking
    Concierge
    BBQ
    Media Room
    Sauna

    Nearby Amenities

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,533
    Average Individual Income
    $65,701
    Average Household Size
    3 persons
    Average Age
    49
    Average Household Income
    $100,783
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Semi Detached
    32%
    Detached
    17%
    Low Rise Apartment
    3%
    Duplex
    1%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    81%
    Mandarin
    12%
    Arabic
    2%
    Telugu
    1%
    Portuguese
    1%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    43%
    High School
    23%
    College
    15%
    None
    11%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Math & Computer Sciences
    11%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Building Trends At The Gooderham

    Days on Strata

    Units at The Gooderham spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 8 condos in the Distillery District area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    35
    Units were Rented over the past twelve months

    Best Value Rank

    The Gooderham offers the
    ?
    best value out of 8 condos in the Distillery District neighbourhood

    Appreciation Rank

    The Gooderham has the
    ?
    highest ROI out of 8 condos in the Distillery District neighbourhood

    Rental Yield

    The Gooderham yields the
    ?
    highest rent prices out of 8 condos in the Distillery District neighbourhood

    High Demand

    The Gooderham is the
    ?
    most popular building out of 8 condos in the Distillery District neighbourhood

    Transaction Insights at 390 Cherry Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$600,000 - $651,888No Data$830,000 - $1,080,000$780,000 - $900,000No Data
    Avg. Cost Per Sqft$1,188No Data$1,037$1,024No Data
    Avg. Wait for Unit Availability45 Days56 Days38 Days84 Days455 Days
    Ratio of Units in Building28%23%33%16%2%

    Maintenance Fees

    The Gooderham vs The Distillery District Area

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