$620,000
For sale: Apartment

Welcome to Suite 1708 at 390 Cherry St., a spectacular south-facing 1+1 bedroom residence in the heart of Toronto's vibrant Distillery District. One of The Gooderham building's larger 1+1 layouts, this beautifully appointed suite offers a wide, functional floor plan, abundant natural light, and breathtaking views toward Lake Ontario. The newly renovated kitchen is a standout, featuring quartz countertops, stainless steel appliances, ample cabinetry, a large centre island, and a sophisticated two-tone colour scheme. Overlooking the open-concept living and dining areas, it creates an ideal space for both everyday living and entertaining. A custom-built entertainment centre elegantly separates the two spaces, while floor-to-ceiling windows showcase spectacular southern views. Step outside to your spacious balcony and take in the panoramic lake vistas. The generous primary bedroom features a large closet and convenient semi-ensuite access to the modern 4-piece bathroom. Hardwood flooring flows throughout creating a fresh carpet free environment. Includes ensuite stacked laundry, one parking space and one locker. Enjoy an exceptional lifestyle with an impressive collection of amenities, including an outdoor pool, hot tub, sauna, fitness centre, yoga/pilates studio, newly renovated party room, billiards lounge, media lounge, boardroom, guest suites and more. Perfectly positioned in Toronto's iconic Distillery District, you're steps from acclaimed restaurants, boutique shops, galleries, cafés and the renowned annual Christmas Market. Explore nearby Corktown, St. Lawrence Market, the waterfront, Cherry Beach and Lake Ontario, with transit at your doorstep and the future Ontario Line Distillery District Station adding even greater connectivity. Easy access to the Gardiner Expressway and DVP makes commuting throughout the city effortless. A rare opportunity to enjoy sophisticated urban living in one of Toronto's most sought-after neighbourhoods.
Sold data
Apartment homes in Toronto (Waterfront Communities) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 53, across 2,810 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $565,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,810 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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