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              For Sale 9 Days On Site

              #2609 390 Cherry Street

              near Front & Cherry
              $725,000 1+1bdr • 1ba • 1kit • 600-699sf
              Average Income
              n/a
              Population Age
              n/a
              School Score
              4.90/10
              Price Index Change 1y
              +4.63%
              Price Index Change 3y
              +16.39%
              Rent Index Change 1y
              -15.54%
              Rent Index Change 3y
              -10.18%

              Condo Apt • Apartment #2609 • 26 Level

              #2609 390 Cherry Street, Waterfront Communities C8, Toronto
              • Rooms and Bathrooms 1+1 bedr, 1 bath
              • Kitchens 1
              • area 600-699
              • garage 1.0 Undergrnd
              • exposure S
              • age n/a
              • locker Owned
              • possession

                Flex

              $725,000

              $2,572.73
              Tax yr: 2021

              $589.03/m

              CALCULATED NUMBERS:

              $2720.00

              calculator

              $2085

              2

              81 Very Walkable

              86 Excellent Transit

              95 Biker's Paradise

              4.90/10

              Location Details
              • Toronto

              • Toronto

              • Waterfront Communities C8

              • Front & Cherry

              • M5A0E2

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

              RE/MAX WEALTH BUILDERS REAL ESTATE, BROKERAGE

              Property Overview
              The Gooderham Building In Distillery District - Large 1 Plus Den At 645 Sq. Ft Is South Facing With Unobstructed Lake Views And Oversized 150 Sq Ft Balcony. Den Can Be Used As 2nd Bedroom. Updated By An Interior Designer In 2019. New Appliances, Kitchen Cabinets, Solid Surface Counters, Wide Plank Wood Flooring And Custom Drapes. Smart Lights Switches, Fire/Co2 And Door Lock All Controlled From Phone. 5 Min Walk To Lake And 18 Acre Corktown Commons Park.
              Extras: Check Out Full 3D Virtual Tour. Amenities: Outdoor Pool; Jacuzzi; Gym; Dry & Steam Sauna; Yoga Room; Party & Movie Room; 24-Hr Concierge. Includes 1 Locker And 1 Parking. Easy Access To Dvp And Gardner Expressway. Streetcar At Door Step.
              Video tour available. Click to watch.
              Property Features
              • Arts Centre
              • Clear View
              • Lake/Pond
              • Park
              • Public Transit
              • Brick
              • Concrete
              • Bike Storage
              • Concierge
              • Exercise Room
              • Games Room
              • Guest Suites
              • Outdoor Pool
              • 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
              • Flat Level
              • Hardwood Floor
              • Combined W/Dining
              • W/O To Balcony
              • Size 8.68x3.58
              Dining
              • Flat Level
              • Hardwood Floor
              • Combined W/Living
              • Combined W/Kitchen
              • Size 8.68x3.58
              Kitchen
              • Flat Level
              • Hardwood Floor
              • Granite Counter
              • Ceramic Back Splash
              • Size 3.58x8.68
              Master
              • Flat Level
              • Hardwood Floor
              • Double Closet
              • Sliding Doors
              • Size 3.34x2.90
              Den
              • Flat Level
              • Hardwood Floor
              • Double Closet
              • Mirrored Closet
              • Size 3.34x2.90
              Basement
              • None
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              • Listing added to site: 2021-01-14 00:21:25
              • Last updated: 2021-01-20 00:10:43
              • Photos updated: 2021-01-14
              • Contract date: 2021-01-13
              • Input date: 2021-01-13
              • Expiry date: 2021-04-13
              • Closed date: 0000-00-00
              • Condition expiry date: 2021-01-29
              • 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: Fin/Stat/Insp
              Questions?

              Have a question about 390 Cherry Street?

              Ask your buyer agent, or Book a Showing to visit this property.

              Yuriy Setko

              Real Estate Broker

              Right At Home Realty Investments Group Brokerage

              895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3

              English Russian Ukranian
              BOOK A FREE CONSULTATION
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              More Options

              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              2609 390 Cherry Street is a condo apt apartment, located in Waterfront Communities C8 of city of Toronto, Toronto region, near Front & Cherry, and has been available for sale on CondosDirect since 2021-01-14. This unit is located at level 26 of the building and has South exposure of Cherry St. Condo registry office is TSCC, corporation number 2392.

              Lot Size and Living Area:

              2609 390 Cherry Street has 4+1 rooms in total, including 1+1 bedroms, 1 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 600-699 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:

              This condo is featuring Arts Centre, Clear View, Lake/Pond, Park, Public Transit at, or near the property.
              AIDA has also identified the following listing features: Swimming Pool.

              Price & Cost Overview

              General:

              2609 390 Cherry Street condo apt is listed for $725,000. Property tax for year 2021 was $2,573. And the monthly maintenance fee was $589.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $650,715.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,720, and total expenses, including the mortgage, property tax and maintenance, fee around $2,983, assuming $725,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 2609 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 $811,280 Home Price Index, and $2,293 Home Rent Index.
              Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $1,062,719, and average Home Rent Index $2,547.

              Similar Properties & Community Details:

              There are similar to 2609 390 Cherry Street 1 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, 86, and 95 accordingly, location of 390 Cherry Street overall can be described as Very Walkable, Excellent Transit, and Biker's Paradise.

              2609 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 (46 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 25 to 30 properties like that to be sold in Waterfront Communities C8 during the next 30 days.
              Seasonal sales fluctuation is showing 25% inventory increase comparing to the average annual number, which is equvalent to 22.17 properties sold per month, and 2% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 9 days, which is 17 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 34% D.O.M. increase comparing to the average annual number, which is equvalent to 19 D.O.M., and 17% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.73% below 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.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C5083956 Comparative Market Analysis
              2609 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 +4.63% comparig to the City of Toronto average of +8.875%

              Price Index 3y

              Price Index change was +16.39% comparig to the City of Toronto average of +4.66%

              Rent Index 1y

              Rent Index change was -15.54% comparig to the City of Toronto average of -0.92%

              Rent Index 3y

              Rent Index change was +16.39% comparig to the City of Toronto average of +4.66%

              Walkscore

              Walkscore 81 out of 100 means Very Walkable

              Transitscore

              Transitscore 86 out of 100 means Excellent Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 4.90 out of maximum 10 points

              Schools and Ratings

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

              Demographics & Housing Statistics

              $9,400 Cashback
              $625,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,404

              Maint.

              $483

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$572,630

              $9,200 Cashback
              $614,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,398

              Maint.

              $387

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$614,854

              $9,000 Cashback
              $599,000
              1br 1ba 500-599sf

              Prop Tax

              $2,027

              Maint.

              $477

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              97

              Compare$572,958

              $10,300 Cashback
              $684,900
              1+1br 1ba 600-699sf

              Prop Tax

              $2,704

              Maint.

              $466

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              99

              Compare$633,381

              $9,700 Cashback
              $649,999
              1+1br 1ba 600-699sf

              Prop Tax

              $n/a

              Maint.

              $n/a

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              98

              Compare n/a

              $8,700 Cashback
              $580,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,146

              Maint.

              $673

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              93

              Compare$580,540

              $10,500 Cashback
              $699,000
              1br 1ba 700-799sf

              Prop Tax

              $2,644

              Maint.

              $490

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              40

              Compare n/a

              $10,500 Cashback
              $698,800
              1br 1ba 700-799sf

              Prop Tax

              $2,142

              Maint.

              $662

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $8,800 Cashback
              $589,900
              1+1br 1ba 500-599sf

              Prop Tax

              $2,326

              Maint.

              $521

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$585,000

              $9,300 Cashback
              $619,000
              1+1br 1ba 600-699sf

              Prop Tax

              $1,997

              Maint.

              $425

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$577,438

              $9,600 Cashback
              $640,000
              1br 1ba 700-799sf

              Prop Tax

              $2,038

              Maint.

              $495

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              84

              Compare$563,577

              $8,900 Cashback
              $595,000
              1br 1ba 500-599sf

              Prop Tax

              $2,242

              Maint.

              $278

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$538,505