Maintenance Fees
The Gooderham vs The Distillery District Area
for rent
16 Days on Strata
507 - 390 Cherry St
$3,200/mth
2 Beds
2 Bath
1 Parking
883 SQFT
Price History
- Property Type:
- Soft Loft
- Possession Date:
- Dec 1
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- Yes
- Outdoor Space:
- Balcony
- Laundry:
- Ensuite
- Locker:
- None
- Exposure:
- South East
Amenities
Bike Storage
Concierge
Gym
Guest Suites
Outdoor Pool
Party Room
About this Listing
Experience the charm of Toronto's iconic Distillery District, where cobblestone streets, art galleries, fine dining, and vibrant culture come together. This spectacular 2-bedroom, 2-bath corner suite is a fully furnished residence featuring floor-to-ceiling windows, a wraparound balcony with unobstructed southeast views, and hardwood flooring throughout. Enjoy an open-concept kitchen with extended cabinetry, granite counters, backsplash, and a rolling stone-top island. Exceptional building amenities and a prime location - steps to boutiques, artisan shops, craft breweries, restaurants, TTC, Gardiner Expressway, DVP, and more - make this an ideal urban retreat.
ExtrasS/S Fridge, Stove, Built In Dishwasher, Over the Range Microwave & Hoodrange; Washer/Dryer, Rolling Stone Kitchen Island/Dining Table; Built In Desk w/Custom Cabinetry; King Size Bed;Double Bed; Leather Pull Out Queen Bed/Sofa
trustwell realty inc.MLS® #C12519828
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 24.25 x 11.52ft
- Combined with Dining, hardwood floor, Walkout To Balcony
- Dining
- 24.25 x 12.66ft
- Combined with Living, hardwood floor, Open Concept
- Kitchen
- 0 x 0ft
- Stainless Steel Appliances, hardwood floor, Granite Counter
- Primary
- 9.81 x 9.68ft
- 3 Piece Ensuite, hardwood floor, Closet Organizers
- 2nd Bedroom
- 9.51 x 9.32ft
- East View, hardwood floor, Closet Organizers
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Distillery District
Map
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.
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%
Building Trends At The Gooderham
Days on Strata
Units at The Gooderham spend an average of
36
Days on Strata
based on recent sales
List vs Selling Price
On average, these lofts sell for
1%
below
the list price.
Offer Competition
Lofts in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Distillery District
Turnover of Units
On average, each unit is owned for
6.4
YEARS before being sold againProperty Value
-7%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 8 condos in the Distillery District area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
47
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
?
Market Insights
Transaction Insights at The Gooderham
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $507,000 - $588,000 | $517,000 - $633,000 | $730,000 - $1,170,000 | No Data | No Data |
| Avg. Cost Per Sqft | $992 | $950 | $970 | No Data | No Data |
| Price Range | $2,050 - $2,900 | $2,370 - $3,000 | $2,300 - $5,250 | $3,200 - $3,800 | No Data |
| Avg. Wait for Unit Availability | 72 Days | 64 Days | 45 Days | 82 Days | 455 Days |
| Avg. Wait for Unit Availability | 27 Days | 31 Days | 37 Days | 82 Days | 535 Days |
| Ratio of Units in Building | 27% | 25% | 32% | 17% | 2% |
Market Inventory
Total number of units listed and leased in Distillery District
