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608 - 390 Cherry Street
Listing History
Unit Highlights
Property Type:
Soft Loft
Cost Per Sqft:
$1,015/sqft
Maintenance Fees:
$643/mth
Taxes:
$2,532 (2024)
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
South
Possession Date:
June 21, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- No
Room Dimensions
Living
Combined with Dining, Laminate, Walkout To Balcony
12.01 x 9.58ft
Dining
Combined with Living, Laminate, Walkout To Balcony
12.01 x 9.58ft
Kitchen
Stainless Steel Appliances, Laminate, Breakfast Area
13.16 x 10.99ft
About this Listing
True gem in historic Distillery District! Make your way down these storied streets to find this open concept,south facing 645 square feet, 1 bedroom + den unit. This bright condo features laminate throughout, stainlesssteel appliances, large functional den, breakfast area, oversized balcony, 9' ceilings, en suite laundry andlocker. World class amenities include outdoor pool, gym, BBQ area, yoga studio, theater, meeting room andmuch more! Steps to dining, shopping, entertainment, cafes, galleries and the best of Toronto!
re/max ultimate realty inc.MLS® #C8208568
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
LOWchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
6.1
YEARS before being sold againProperty 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 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $600,000 - $651,888 | No Data | $830,000 - $1,080,000 | $780,000 - $900,000 | No Data |
| Avg. Cost Per Sqft | $1,188 | No Data | $1,037 | $1,024 | No Data |
| Price Range | $2,200 - $2,750 | $2,500 - $3,000 | $3,200 - $5,500 | $3,500 - $3,800 | $4,700 |
| Avg. Wait for Unit Availability | 45 Days | 56 Days | 38 Days | 84 Days | 455 Days |
| Avg. Wait for Unit Availability | 24 Days | 32 Days | 28 Days | 67 Days | 609 Days |
| Ratio of Units in Building | 28% | 23% | 33% | 16% | 2% |
Maintenance Fees
The Gooderham vs The Distillery District Area
