Skip to main

    2609 - 390 Cherry St

    For RentThe Gooderham
    $3,100/mth
    1 Bed
    1 Bath
    1 Parking
    645 SQFT
    7 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    January 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Soft Loft
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Owned
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Open Concept, Stone Counter, Hardwood Floor
    28.09 x 11.58ft
    Dining
    Combined with Living, East View, Hardwood Floor
    28.09 x 11.58ft
    Living
    Combined with Dining, Large Window, Hardwood Floor
    28.09 x -3.28ft

    About this Listing

    Executive Suite with Panoramic Lake Views in the highly sought after Distillery District! Welcome to this exceptional 1+1 bed executive suite on the 26th floor with breathtaking, dazzling lake views & sunrises. Designed with sophistication and smart technology throughout, this condo offers an impressive 150sqft private balcony perfect for relaxing, enjoying a morning coffee or unwinding with a beverage. From the moment you enter, you'll be captivated by the floor-to-ceiling windows that flood the space with natural light, accentuating the elegance of the custom marble kitchen island a true statement piece in the heart of the suite. Enhanced with custom curtains in the living room & smart accents; custom-made blinds, outdoor lighting strips & dimmable switches- this home combines modern luxury with everyday convenience. Premium parking space (less than 30sec from the elevator) & handy storage locker included, adding practical value to an already exquisite living experience. Enjoy the convenience of being mere steps from a wide array of restaurants, galleries, retail, cafes, bakeries and a Toronto seasonal favorite the famous Distillery District Christmas Market! Some nearby attractions include; 3-minute walk to the Canary District and a YMCA center, 15-minute walk to the renowned St. Lawrence Market, 2-minute drive to The Docks Golf Driving Range, 4-minute drive to Cherry Beach and 10 minutes to The Beaches- Centrally located between Leslieville and the Fashion District, -short drive to Scotiabank Arena, Harbourfront with water taxi services to the island, and Billy Bishop Airport. Amazing location offers unparalleled convenience, with a TTC streetcar departure station & Bike Share station right at your doorstep. An under-construction metro station will be less than a 5-minute walk away, adding even more transit options. Quick access to Uber makes commuting a breeze and nearby driving routes take you swiftly to all downtown destinations. Dont miss out!!

    ExtrasResort-style amenities; outdoor pool & jacuzzi, sauna, fully equipped gym & yoga studio, 24/7 concierge service. Amazing entertainment room featuring; cinema area, ping pong, outdoor bbq & dining spaces. Multiple elevators for convenience

    royal lepage signature realtyMLS® #C11905014


    Amenities

    Visitor Parking
    Party Room
    Media Room
    Rec Room
    Concierge
    Guest Suites

    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%

    Maintenance Fees

    The Gooderham vs The Distillery District Area

    Days on Strata

    Units at The Gooderham spend an average of
    24
    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

    -8%
    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

    13
    Units were Sold over the past twelve months

    Rented Units

    41
    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 - $595,000$885,000 - $1,010,000$780,000 - $1,060,000No Data
    Avg. Cost Per Sqft$1,106$931$1,052$1,048No Data
    Avg. Wait for Unit Availability48 Days66 Days42 Days81 Days455 Days
    Ratio of Units in Building30%23%32%16%2%

    Transactions vs Inventory

    Total number of units listed and leased in Distillery District