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    Toronto / Downtown / Distillery District

    709 - 390 Cherry St

    For SaleThe Gooderham
    $660,000
    1 Bed + 1
    1 Bath
    1 Parking
    666 SQFT
    46 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $759/mth
    Taxes:
    $2,918 (2024)
    Cost Per Sqft:
    $991/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Arranged
    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
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Balcony, Open Concept, Windows Floor to Ceiling
    28.09 x 11.58ft
    Dining
    Open Concept, Combined with Living, Hardwood Floor
    28.09 x 11.58ft
    Kitchen
    Open Concept, Combined with Dining, Stainless Steel Appliances
    28.09 x 11.58ft

    About this Listing

    Dont miss the opportunity to own this bright, sun-filled unit in the heart of Toronto's Distillery District. This inviting 1-bedroom plus den condo features 9-foot ceilings, hardwood floors throughout, and expansive floor-to-ceiling windows that fill the space with natural light. The versatile den easily serves as a second bedroom or home office, and the full-width balcony is perfect for enjoying panoramic views. Brand new stainless steel appliancesincluding a fridge, stove, and built-in dishwasher, complemented by new window coverings. Enjoy the amenities which includes a 24-hour concierge, fitness center, yoga studio, sauna, outdoor pool, and BBQ stations, all within a vibrant community rich in restaurants, boutiques, and theaters. With easy access to the highway, the new Ontario Subway, TTC, and nearby attractions like St. Lawrence Market and the YMCA, this condo offers an ideal blend of comfort, historic charm, and urban convenience for an active downtown lifestyle! *sliding door for den was upgrade from builder!* *Brand new blinds will be installed in the living room*

    superstars realty ltd.MLS® #C10412757

    Amenities

    Concierge
    Outdoor Pool
    BBQs Allowed
    Rooftop Deck
    Party Room
    Rec Room

    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
    27
    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

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 7 condos in the Distillery District area

    Sold Units

    15
    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 - $588,000$570,000 - $595,000$867,000 - $1,040,000$780,000 - $1,060,000No Data
    Avg. Cost Per Sqft$1,106$931$1,051$1,038No Data
    Avg. Wait for Unit Availability56 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