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Unit 1506 at The Gooderham

Sold

390 CHERRY Street 1506, Toronto C08, ON M5A 0E2

MLS #C12205598

$507,000

Sold on July 23, 2025

July 23, 2025

Originally listed at $519,000 32 days on market

About This Property

This Beautiful Suite Is A Class Of It's Own, New Flooring, Freshly Painted, Accent Wall With Designer Customized Kitchen Cabinetry. Double Front Hall Coat Closet, Granite Countertops, Stainless Steel Applicances, Floor To Ceiling Windows And A Huge Balcony To Enjoy A Cup Of Coffee. The One Bedroom Plus Study Offers A Restful Retreat With A Double Closet . 1 Locker Included. Super Convenience With Close Proximity To Downtown And Across Ttc Streetcar Stop. Amenities Include Outdoor Pool, Sauna, Gym, Yoga Studio, Party Room, Game Room

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($585/mo) and property tax ($2,475/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$945/sqft
Waterfront Communities C8
$1,012/sqft-6.6%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 549 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

549 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2392
MLS Size500-599
Listed OnJun 7, 2025
Maintenance Fees$585/month
Property Tax$2,475/year

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Unit 1506 History

Complete transaction history for this unit

Suspended

Listed: Jun 15, 2025

$2,350/mo

14 days on marketLease
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2 More Transactions Available

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Price History

Original List Price

$519,000

Listed on Jun 7, 2025

Sold Price

$507,000

Sold on Jul 23, 2025

-$12,000

-2.3%

32 days on market

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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 Type

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About Unit 1506 at The Gooderham

Unit 1506 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 500-599 square feet located at The Gooderham, 390 Cherry Street, Toronto C08. This unit is currently sold (sold for $507K).

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 1506 The Gooderham Toronto C08

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