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    Toronto / Downtown / Distillery District

    2302 - 390 Cherry St

    For SaleThe Gooderham
    $889,999
    2 Beds + 1
    2 Bath
    1 Parking
    883 SQFT
    6 Days on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Soft Loft
    Maintenance Fees:
    $962/mth
    Taxes:
    $3,734 (2024)
    Cost Per Sqft:
    $1,008/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    March 3, 2025
    Laundry:
    Main
    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
    No Data
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Walkout To Balcony, Combined with Dining, Walkout To Balcony
    0 x 0ft
    Living
    Modern Kitchen, Combined with Kitchen, Open Concept
    0 x 0ft
    Dining
    Modern Kitchen, Open Concept, Built-in Appliances
    0 x 0ft

    About this Listing

    Experience the pinnacle of urban living in the coveted Historic Distillery District with this stunning 2-bedroom + den corner suite. Revel in panoramic Northwest views showcasing the breathtaking Toronto city skyline and the iconic CN Tower! This impeccably maintained home boasts two full bathrooms, a modern kitchen with sleek stainless steel appliances, and an expansive wraparound balcony, perfect for your morning coffee or hosting friends and family. Indulge in the luxury of exceptional building amenities, including an outdoor pool, jacuzzi, gym, yoga room, sauna, steam rooms, BBQ area, party room, and a friendly 24/7 concierge team. With parks, scenic bike trails, the TTC King Streetcar loop right outside your door, and world-class dining just steps away, everything you need is within reach. Plus, enjoy the added convenience of one parking spot and a locker. Welcome to your new home!

    re/max realtron realty inc.MLS® #C11992270

    Amenities

    Party Room
    Rooftop Deck
    BBQs Allowed
    Rec Room
    Gym Room
    Outdoor Pool

    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
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    5%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Distillery District

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 8 condos in the Distillery District area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    42
    Units were Rented over the past twelve months

    Best Value Rank

    The Gooderham offers the
    ?
    best value out of 8 condos in the Distillery District neighbourhood

    Appreciation Rank

    The Gooderham has the
    ?
    highest ROI out of 8 condos in the Distillery District neighbourhood

    Rental Yield

    The Gooderham yields the
    ?
    highest rent prices out of 8 condos in the Distillery District neighbourhood

    High Demand

    The Gooderham is the
    ?
    most popular building out of 8 condos in the Distillery District neighbourhood

    Transaction Insights at 390 Cherry Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$538,000 - $588,000$570,000 - $633,000$885,000 - $1,152,000$810,000 - $1,060,000No Data
    Avg. Cost Per Sqft$1,106$951$1,053$1,079No Data
    Avg. Wait for Unit Availability50 Days67 Days43 Days81 Days455 Days
    Ratio of Units in Building29%23%31%17%2%

    Transactions vs Inventory

    Total number of units listed and sold in Distillery District