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    710 - 390 Cherry St

    For RentThe Gooderham
    $3,500/mth
    2 Beds + 1
    2 Bath
    1 Parking
    800 - 899 SQFT
    26 Days on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    February 10, 2025
    Lease Term:
    1 Year
    Property Type:
    Soft Loft
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    Partially
    Exposure:
    South West
    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

    Kitchen
    Granite Counter, Open Concept, Stainless Steel Appliances
    12.37 x 5.15ft
    Dining
    Combined with Living, Open Concept, Hardwood Floor
    9.84 x 9.51ft
    Living
    Combined with Dining, Walkout To Balcony, Hardwood Floor
    12.6 x 11.25ft

    About this Listing

    Look no further because this is the one for you! They say it's all about location, location, location and the Distillery District is where you want to be. Welcome to the Gooderham condos right in the heart of this cultural masterpiece. This newly painted 2+1 corner suite hits everything on your checklist and is ready to move in. Enjoy sun-drenched mornings or sunsets with floor-to-ceiling windows, two full bedrooms, two full bathrooms, modern kitchen with full-sized appliances, wrap around balcony large enough to relax and entertain. Plenty of amenities within the building including an outdoor pool, gym, yoga room, party room, meeting room, media room, 24/7 concierge & more. With all the restaurants and shops in the Distillery there's enough to keep you fed and entertained, but if you need to access the city core it's minutes away with the King Streetcar loop right across the lobby! A short walk across the street is the award winning Canary District with more restaurants, the brand new Le Beau bakery for the best pastries you can find in the city, and lots of trails for walking, biking, or greenery to picnic. 1 Parking & 1 Locker Included - Bonus: locker is attached to and right behind the parking spot for added convenience, and larger than most lockers in the building!

    re/max realtron realty inc.MLS® #C11963114


    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.

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    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%

    Maintenance Fees

    The Gooderham vs The Distillery District Area

    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 leased in Distillery District