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              #2701 390 Cherry Street

              near Cherry & Mill
              $1,028,500 2+0bdr • 2ba • 1kit • 900-999sf
              Average Income
              n/a
              Population Age
              n/a
              School Score
              4.90/10
              Price Index Change 1y
              +8.56%
              Price Index Change 3y
              +25.41%
              Rent Index Change 1y
              -7.17%
              Rent Index Change 3y
              +1.41%

              Condo Apt • Apartment #2701 • 27 Level

              #2701 390 Cherry Street, Waterfront Communities C8, Toronto
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 900-999
              • garage 1.0 Undergrnd
              • exposure W
              • age n/a
              • locker Owned
              • possession

                Immediately

              $1,028,500

              $3,684.01
              Tax yr: 2019

              $812.37/m

              CALCULATED NUMBERS:

              $3859.00

              calculator

              $3099

              2

              81 Very Walkable

              85 Excellent Transit

              95 Biker's Paradise

              4.90/10

              Location Details
              • Toronto

              • Toronto

              • Waterfront Communities C8

              • Cherry & Mill

              • M5A3L7

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              PROPERTY.CA INC., BROKERAGE

              Property Overview
              Stunning Large 2 Bed, 2 Bath Suite At Gooderham Condo, Signature Suite, With 9Ft Ceilings, Breathtaking Unobstructed West Views ( City/Water ) 935 Sq Ft + Balc . Designer Finishes & Stainless Steel Appliances With Spacious Layout -Ttc Right At Your Door - 24 Hr Concierge, Patio,Bbq, Salt Water Pool, Sauna, Steam, Yoga Rm, Guest Suites, Party Rm.
              Extras: Inclusions: Window Coverings, All Existing Stainless Steel Appliances.1 Storage Locker.1 Parking.
              Property Features
              • Bike Storage
              • Concierge
              • Gym
              • Outdoor Pool
              • Party/Meeting Room
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Seller Property Info Statement
              • Family Room
              • Cable TV Included
              Rooms details
              Living
              • Main Level
              • Hardwood Floor
              • W/O To Balcony
              • Combined W/Dining
              • Size 3.57x6.09
              Dining
              • Main Level
              • Hardwood Floor
              • West View
              • Combined W/Living
              • Size 3.57x6.09
              Kitchen
              • Main Level
              • Hardwood Floor
              • Stone Counter
              • Open Concept
              • Size 3.65x3.22
              Master
              • Main Level
              • Hardwood Floor
              • W/I Closet
              • Ensuite Bath
              • Size 3.81x3.14
              2nd Br
              • Main Level
              • Hardwood Floor
              • Closet
              • Semi Ensuite
              • Size 3.11x2.74
              Basement
              • None
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              • Listing added to site: 2020-09-17 00:18:44
              • Last updated: 2020-09-25 16:05:57
              • Photos updated: 2020-09-24
              • Contract date: 2020-09-16
              • Input date: 2020-09-16
              • Expiry date: 2021-02-16
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              2701 390 Cherry Street is a condo apt apartment, located in Waterfront Communities C8 of city of Toronto, Toronto region, near Cherry & Mill, and has been available for sale on CondosDirect since 2020-09-17. This unit is located at level 27 of the building and has West exposure of Cherry St. Condo registry office is TSCC, corporation number 2392.

              Lot Size and Living Area:

              2701 390 Cherry Street has 5+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 900-999 square feet.
              1.0 parking space(s) are owned and located undergrnd at level C . The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following possible sellers motivation indicators: Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              2701 390 Cherry Street condo apt is listed for $1,028,500. Property tax for year 2019 was $3,684. And the monthly maintenance fee was $812.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $3,859, and total expenses, including the mortgage, property tax and maintenance, fee around $4,234, assuming $1,028,500 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 2701 390 Cherry Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Waterfront Communities C8, where 390 Cherry Street is located, has $827,433 Home Price Index, and $2,513 Home Rent Index.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,040,906, and average Home Rent Index $2,587.

              Similar Properties & Community Details:

              There are similar to 2701 390 Cherry Street 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 390 Cherry Street.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Waterfront Communities C8 neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 390 Cherry Street, or schools, which boundaries this address belongs to with an average School Score 4.90 out of 10. Here are more details about these schools:
              1. Nelson Mandela Park Public School (Grades JK-08), Public, Intermediate, ranked as Average.
              2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 81, 85, and 95 accordingly, location of 390 Cherry Street overall can be described as Very Walkable, Excellent Transit, and Biker's Paradise.

              2701 390 Cherry Street Listings History Powered by AIDA
              Waterfront Communities C8, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (96 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 12 to 15 properties like that to be sold in Waterfront Communities C8 during the next 30 days.
              Seasonal sales fluctuation is showing 48% inventory increase comparing to the average annual number, which is equvalent to 9.25 properties sold per month, and 26% increase comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 12 days, which is 3 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
              Seasonal sales fluctuation is showing -23% D.O.M. decrease comparing to the average annual number, which is equvalent to 19 D.O.M., and -3% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price it can be sold?
              Similar properties currently sell very close to its asking price in Waterfront Communities C8.
              The selling to asking price ratio is declining in Waterfront Communities C8.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              2701 390 Cherry Street Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Waterfront Communities C8, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +8.56% comparig to the City of Toronto average of +12.37%

              Price Index 3y

              Price Index change was +25.41% comparig to the City of Toronto average of +4.76%

              Rent Index 1y

              Rent Index change was -7.17% comparig to the City of Toronto average of -5.25%

              Rent Index 3y

              Rent Index change was +25.41% comparig to the City of Toronto average of +4.76%

              Walkscore

              Walkscore 81 out of 100 means Very Walkable

              Transitscore

              Transitscore 85 out of 100 means Excellent Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 4.90 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $13,200 Cashback
              $879,900
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