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    Toronto / Downtown / Distillery District

    3504 - 390 Cherry St

    For SaleThe Gooderham
    $1,196,000
    Price Cut: $1,269,000
    2 Beds
    3 Bath
    2 Parking
    1,098 SQFT
    33 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $1,348/mth
    Taxes:
    $5,658 (2024)
    Cost Per Sqft:
    $1,089/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    December 2, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Built-in Appliances, Combined with Laundry, Breakfast Bar
    14.17 x 8.14ft
    Living
    Combined with Dining, Fireplace, East View
    13.35 x 17.29ft
    Dining
    Combined with Living, Walkout To Balcony, East View
    13.35 x 17.29ft

    About this Listing

    Modern, Bright, and Sundrenched exquisite Two Story Penthouse right in the heart of the Distillery District. This Stunning 2 Bed, 3 Bath + 2 Parking Spots, a Locker and Two Large Balconies is simply Fantastic. Sweeping Wide Open East Views will make your Weekend Mornings not come soon enough. This two-story Penthouse has two great-sized bedrooms on the second floor along with two Bathrooms (one ensuite) and the main floor has an open-concept Great room with massive floor-to-ceiling windows a fireplace and a powder room. Located just steps from the Streetcar and a quick drive to the DVP or Gardner. A short stroll to the upcoming New Ontario Line Subway, Corktown Common Park, Lesliville, and St. Lawrence Market, along with all the shops, cafes and restaurants you could ask for make this one great location!

    ExtrasBuilt-in Kitchen Appliances: Fridge, Oven, Gas Cook Top, Dishwasher, Microwave. Washer/Dryer, Build-in Fireplace, Custom Deck Flooring on both Balconies, Window Coverings, All Existing Light Fixtures. *Maintenance fees incl 2 parking spots.

    sutton group realty systems inc.MLS® #C9505976

    Amenities

    Sauna
    Gym Room
    Party Room
    Rec Room
    BBQs Allowed
    Visitor Parking

    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
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    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

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 7 condos in the Distillery District area

    Sold Units

    14
    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 - $595,000$867,000 - $1,040,000$780,000 - $1,060,000No Data
    Avg. Cost Per Sqft$1,093$931$1,051$1,038No Data
    Avg. Wait for Unit Availability55 Days57 Days38 Days97 Days455 Days
    Ratio of Units in Building27%25%34%15%2%

    Transactions vs Inventory

    Total number of units listed and sold in Distillery District