A two-bedroom corner condo unit at 435 Richmond St. W., Toronto, was sold for $700,000 in April 2025, allowing the buyer to stay within budget. The unit had been on the market for 288 days with several price reductions since April 2024.
Buyer stays within budget with $700,000 deal for condo corner unit
Toronto
AI Summary
TL;DR: Key points with love ❤️A two-bedroom corner condo unit at 435 Richmond St. W., Toronto, was sold for $700,000 in April 2025, allowing the buyer to stay within budget. The unit had been on the market for 288 days with several price reductions since April 2024.
- 1 September 2016: Unit previously sold for $460,708.
- 2 March 2017: Unit previously sold for $649,900.
- 3 April 2024: Unit listed for $849,000.
- 4 October 2024: Asking price reduced to $799,000.
- 5 January 2025: Asking price reduced to $749,900.
- 6 February 2025: Asking price $749,000.
- 7 March 2025: Buyer's agent Ira Jelinek shows clients downtown properties.
- 8 April 2025: Unit sold for $700,000.
- Successful purchase for the buyer within budget
- Sale of a long-listed property
What: Sale of a condo unit.
When: Selling price agreed in April 2025.
Where: 435 Richmond St. W., No. 1504, Fabrik building, Fashion District, Toronto, Ontario, Canada.
Why: Buyer sought a two-bedroom or one-bedroom-plus-den unit within a $650,000-$750,000 budget. The unit met their criteria for a corner unit downtown with reasonable maintenance fees.
How: Buyer's agent Ira Jelinek negotiated a $49,000 reduction from the last asking price.