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Unit 2803 at The Gooderham

Sold

390 Cherry Street 2803, Toronto C08, ON M5A 3L7

MLS #C9382699

$588,000

Sold on January 14, 2025

January 14, 2025

Originally listed at $599,000 62 days on market

About This Property

Experience breathtaking views from this 1 bed, 1 bath suite with 1 parking spot,and 1 locker, in the iconic Gooderham Building. Floor-to-ceiling windows flood the space with natural light, and the extra-large balcony spans the entire width of the condo, perfect for relaxing or entertaining.This thoughtfully designed floor plan includes upgrades like a custom kitchen island, modular floored balcony, and custom closets for all your storage needs. Enjoy world-class amenities which include Fitness room, yoga studio, steam rooms, sauna, and a swimming pool. Take advantage of the convenient location just steps from the streetcar, with easy access to the QEW and DVP.With restaurants, shopping, and art studios right at your doorstep, this condo offers the perfect blend of urban living and luxury. Don't miss out on this incredible opportunity!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($639/mo) and property tax ($2,432/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,089/sqft
Waterfront Communities C8
$1,012/sqft+7.6%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 550 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

500-599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2392
MLS Size500-599
Listed OnOct 3, 2024
Maintenance Fees$639/month
Property Tax$2,432/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)3.66 x 3.5612.0 x 11.7-
Dining Room(Main)3.66 x 3.5612.0 x 11.7-
Primary Bedroom(Main)3.35 x 2.7411.0 x 9.0-

Room Dimensions Available

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Price History

Original List Price

$599,000

Listed on Oct 3, 2024

Sold Price

$588,000

Sold on Jan 14, 2025

-$11,000

-1.8%

62 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameThe Gooderham
Address390 Cherry Street, Toronto C08
Parking TypeUnderground

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About Unit 2803 at The Gooderham

Unit 2803 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 500-599 square feet located at The Gooderham, 390 Cherry Street, Toronto C08. This unit is currently sold (sold for $588K).

About The Gooderham

The Gooderham is located at 390 Cherry Street, Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Waterfront Communities C8 Neighbourhood

This unit is located in Waterfront Communities C8, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at The Gooderham, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 2803 The Gooderham Toronto C08

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