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    1150 - 313 Richmond St E

    For SaleThe Richmond
    5.0
    $599,000
    1 Bed + 1
    1 Bath
    1 Parking
    700 - 799 SQFT
    2 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $666/mth
    Taxes:
    $2,985 (2024)
    Cost Per Sqft:
    $750 - $856/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    December 1, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    12.53 x 10.99ft
    Dining
    12.7 x 9.84ft
    Kitchen
    9.84 x 9.32ft

    About this Listing

    Welcome to Unit 1150 at 313 Richmond St E, a beautifully updated and vacant condo thats move-in ready for its next owner! Explore every corner of this stunning unit through the 3D Matterport Virtual Tour and detailed Floor Plans to fully appreciate the space and layout. Located in the highly sought-after Tridel-built "The Richmond," this unit offers a bright, modern, and comfortable living space, perfect for first-time buyers, investors, or those looking for a downtown retreat. The unit has been freshly painted and features brand-new appliances and in-suite laundry, giving you a fresh start in a stylish home. The Richmond is renowned for its top-tier amenities, including a professionally equipped two-level gym with a basketball court, a rooftop terrace with breathtaking city views, BBQs, hot tubs, a gazebo, and plenty of lounging space to relax or entertain. The 24-hour concierge adds a layer of convenience and security to your lifestyle. With a walk score of 99, transit score of 100, and bike score of 98, you are perfectly situated to enjoy all that downtown Toronto has to offer. Steps from the St. Lawrence Market, Distillery District, and Financial Core, you will have easy access to some of the citys best dining, shopping, and cultural landmarks. Explore nearby parks, enjoy vibrant nightlife, or commute seamlessly with TTC stops and major highways just moments away. The buildings all-inclusive condo fees and exceptional management ensure peace of mind and low maintenance for busy urbanites. This unit is the perfect blend of style, convenience, and location, offering everything you need to enjoy city living at its finest. Do not miss this incredible opportunity to call Unit 1150 at 313 Richmond St E your new home! Whether you are starting your real estate journey, expanding your portfolio, or seeking a downtown pied--terre, this unit is sure to impress. Experience the vibrancy and ease of downtown living today!

    ExtrasOne Of The Lowest Maintenance Fees In The City Inclusive Of Utilities & Parking.

    executive homes realty inc.MLS® #C10461890


    Amenities

    Gym Room
    Sauna
    Games Room
    Party Room
    BBQs Allowed
    Visitor Parking

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    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
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    The Richmond vs The St. Lawrence Area

    Days on Strata

    Units at The Richmond spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    4.3
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

    The Richmond offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    The Richmond has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    The Richmond yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    The Richmond is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 313 Richmond Street E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$350,000$462,500 - $525,000$503,900 - $740,000$729,000$835,000 - $1,135,000No Data
    Avg. Cost Per Sqft$913$948$941$905$948No Data
    Avg. Wait for Unit Availability238 Days62 Days41 Days81 Days255 DaysNo Data
    Ratio of Units in Building5%24%46%19%9%1%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence