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Unit 2603 at The Gooderham

Sold

390 Cherry Street 2603, Toronto C08, ON M5A 3L7

MLS #C9390476

$588,000

Sold on November 14, 2024

November 14, 2024

Originally listed at $600,000 20 days on market

About This Property

Parking included! Live And Work In This Bright Distillery District One Bedroom Condo. Smothered In Sunlight With An Open Layout And A Convenient Living Space. Walk-Out to The Sun-Soaked XLarge Balcony From the Living Room Where You Can Dine Or Chill And Enjoy The Serene Panoramic Views. Enjoy Cooking In The Modern Kitchen With Terrific Storage And Counter Space. Eat, Visit Or Work At The Kitchen Island. Enjoy A Peaceful Sleep In The Primary Bedroom With Floor To Ceiling Windows And A Double Closet. Check Out The Spa-Like 4PC Washroom With A Floating Sink, Vanity Mirror And A Storage Cabinet. Who Doesn't Love A Good Soak In A Bathtub! Front Foyer Closet Perfect For Coats, Shoes And Storage. No Grass To Cut. No Snow To Shovel. Just Move-In And Show Off This Baby! Oh...And Attention Investors.This Building And Location is A Must-Have **Just Professionally Painted**. **Just Professionally Cleaned**. **Designer LED Fixtures**. Walk Outside And Enjoy All That The Historic Distillery District Has To Offer.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($604/mo) and property tax ($2,461/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,091/sqft
Waterfront Communities C8
$1,012/sqft+7.8%
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
LockerNo
Heating TypeHeat Pump
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2392
MLS Size500-599
Listed OnOct 9, 2024
Maintenance Fees$604/month
Property Tax$2,461/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)3.69 x 2.4712.1 x 8.1-
Living Room(Main)3.69 x 2.4712.1 x 8.1-
Dining Room(Main)3.69 x 2.4712.1 x 8.1-
Dining Room(Main)3.69 x 2.4712.1 x 8.1-
Kitchen(Main)3.47 x 3.9611.4 x 13.0-
Kitchen(Main)3.47 x 3.9611.4 x 13.0-
Primary Bedroom(Main)2.8 x 3.969.2 x 13.0-
Primary Bedroom(Main)2.8 x 3.969.2 x 13.0-
Bathroom(Main)2.5 x 1.528.2 x 5.0-
Bathroom(Main)2.5 x 1.528.2 x 5.0-
Other(Main)6.55 x 1.5221.5 x 5.0-
Other(Main)6.55 x 1.5221.5 x 5.0-

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Unit 2603 History

Complete transaction history for this unit

Leased

Leased: May 14, 2026

$2,500/mo

7 days on marketLease
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Price History

Original List Price

$600,000

Listed on Oct 9, 2024

Sold Price

$588,000

Sold on Nov 14, 2024

-$12,000

-2.0%

20 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 2603 at The Gooderham

Unit 2603 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 2603 The Gooderham Toronto C08

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