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    Toronto / Downtown / Distillery District

    2603 - 390 Cherry St

    For SaleThe Gooderham
    $600,000
    1 Bed
    1 Bath
    1 Parking
    500 SQFT
    6 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $604/mth
    Taxes:
    $2,461 (2024)
    Cost Per Sqft:
    $1,200/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Combined with Dining, Walk-Out, Laminate
    12.11 x 8.1ft
    Dining
    Combined with Living, Led Lighting, Laminate
    12.11 x 8.1ft
    Kitchen
    Centre Island, Granite Counter, Laminate
    11.39 x 12.99ft

    About this Listing

    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.

    ExtrasOwned Parking. 24 hr. Concierge, Outdoor Swimming Pool, Sauna, Gym, Yoga Studio, Party Room, Media Room, Guest Suites. TTC Out Front. Everything Nearby Neighbourhood. Park. Groceries. Distillery District. Waterfront Nearby. Bike Paths.

    re/max hallmark realty ltd.MLS® #C9390476

    Amenities

    Rec Room
    Concierge
    Rooftop Deck
    Party Room
    Sauna
    Media Room

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    19%
    65+
    16%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    8%
    $125,000+
    3%
    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

    Maintenance Fees

    The Gooderham vs The Distillery District Area

    Building Trends At The Gooderham

    Days on Strata

    Units at The Gooderham spend an average of
    26
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Distillery District

    Turnover of Units

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

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 7 condos in the Distillery District area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    39
    Units were Rented over the past twelve months

    Best Value Rank

    The Gooderham offers the
    ?
    best value out of 7 condos in the Distillery District neighbourhood

    Appreciation Rank

    The Gooderham has the
    ?
    highest ROI out of 7 condos in the Distillery District neighbourhood

    Rental Yield

    The Gooderham yields the
    ?
    highest rent prices out of 7 condos in the Distillery District neighbourhood

    High Demand

    The Gooderham is the
    ?
    most popular building out of 7 condos in the Distillery District neighbourhood

    Transaction Insights at 390 Cherry Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$538,000$570,000$830,000 - $1,080,000$780,000 - $1,060,000No Data
    Avg. Cost Per Sqft$1,093$914$1,047$1,019No Data
    Avg. Wait for Unit Availability54 Days57 Days37 Days100 Days455 Days
    Ratio of Units in Building27%25%35%14%2%

    Transactions vs Inventory

    Total number of units listed and sold in Distillery District