2507 - 390 Cherry St
1 / 15
Listing History
Unit Highlights
Ownership Type:
Condo
Possession Date:
March 1, 2025
Lease Term:
1 Year
Property Type:
Soft Loft
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South East
Locker:
Owned
Laundry:
Ensuite
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Hardwood Floor, Combined with Dining, Walkout To Balcony
25 x 15.09ft
Dining
Hardwood Floor, Combined with Living, East View
25 x 15.09ft
Kitchen
Granite Counter, Open Concept, Stainless Steel Appliances
12.14 x 3.94ft
About this Listing
Welcome To This Very Bright Two Bedrooms And Two Bathrooms Corner Unit. Prestige Location Right In The Heart Of The Distillery District. Everything Is Close By: Restaurants, Public Transit And More. Open Concept With Plenty Of Natural Light And Large Wrap Around Balcony. 9' Ceiling And Floor To Ceiling Windows. Including One Parking And One Locker. Short Term Is Possible (4-9 Months).
tfn realty inc.MLS® #C11960686
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
Household Income
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
LOWchance 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 againProperty 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 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $538,000 - $588,000 | $570,000 - $633,000 | $885,000 - $1,152,000 | $810,000 - $1,060,000 | No Data |
| Avg. Cost Per Sqft | $1,106 | $951 | $1,053 | $1,079 | No Data |
| Price Range | $2,200 - $2,550 | $2,370 - $3,000 | $3,200 - $5,000 | $3,350 - $3,700 | $5,050 |
| Avg. Wait for Unit Availability | 50 Days | 67 Days | 43 Days | 81 Days | 455 Days |
| Avg. Wait for Unit Availability | 27 Days | 34 Days | 35 Days | 81 Days | 535 Days |
| Ratio of Units in Building | 29% | 23% | 31% | 17% | 2% |
Transactions vs Inventory
Total number of units listed and leased in Distillery District
