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    115 Richmond Street E

    The French Quarter II Condos
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    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    11
    Number of Units:
    80
    Condo Completion:
    2004
    Condo Demand:
    Medium
    Unit Size Range:
    350 - 1,400 SQFT
    Unit Availability:
    Low

    Listing History for The French Quarter II Condos

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    Amenities

    Concierge
    BBQs Allowed
    Games Room
    Indoor Parking
    Visitor Parking
    Rec Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 115 Richmond Street EThe French Quarter II Condos

    A Parisian flat might be out of reach but this 11 storey condo with European style could be the next best thing — and you don’t need to cross an ocean to find it. 115 Richmond St E, also known as the French Quarter II Condos, features a charming stone façade lined by Juliette balconies and topped with a green tile roof.

    This boutique residence has 80 suites and is part of a 2 condo complex, residing beside its sibling residence; The French Quarter. To go with a great location in the St. Lawrence neighbourhood, this property provides thoughtful amenities; a fitness centre, a rooftop deck with tables and sweeping views of the city, a party room and library, and more.

    Residents also have a 24 hour concierge service, parking and guest parking. Unfortunately, these amenities come at a higher cost as condo fees are well above the neighbourhood average.

    The Suites

    One of the first things that stands out at 115 Richmond St E is the functional and unique floor plans. Due to the curvature of the façade, many units have rounded walls and non-linear layouts — a refreshing change from the long, bowling alley style units in many modern condominiums. Homes here begin at a cozy 522 square feet for a one bedroom unit and can reach up to 1400 square feet for the largest 2 bedroom units.

    All units have charming Juliette balconies, and many have 2 or more balconies. Prospective buyers can count on hardwood flooring or upgraded vinyl or laminate. kitchens are open to the living space and feature stone countertops and stainless steel appliances. Units have stacked laundry, and large four piece bathrooms.

    Though most units have seen past upgrades, it’s possible to find a unit that’s a little dated. But buyers should rejoice, as these units present a great opportunity to earn some equity.

    The Neighbourhood

    The historic St. Lawrence neighbourhood offers eclectic dining and nightlife options in the heart of the city, and only minutes from Canada’s largest transit hub; Union Station. Tourists and Torontonians alike flock to St. Lawrence Market for fresh deli meats, fantastic pastries, crafts and sandwiches. And condo residents at 115 Richmond St E are just 6 minutes from the market.

    Morning espresso is freshly poured next door to the condos at Fahrenheit Coffee — and Mystic Muffin has something delicious for every meal of the day. Residents can stroll to The George Street Diner for an old-world dining experience, and classic comfort food. When the mood strikes, McVeigh's Irish Pub is just 3 minutes away for a relaxing beverage, and C'est What is due south for fantastic craft brews. Plus, there are several music venues and theatres close-by.

    Residents can get some rays at the nearby St. James Park — which has beautiful gardens with sunny benches — or residents can utilize the facilities at Moss Park. Boutiques can be found scattered throughout the area, with many more nearby at the renowned Distillery District.

    Transportation

    French Quarter II Condos is a great fit for buyers and renters who don’t own a vehicle; the building is minutes from grocery stores, pharmacies, salons, and banks. For trips outside of the neighbourhood, there are streetcars close-by on Queen and nearby Bike Shares as well.

    Even drivers have it easy — provided that they’re looking for a nearby expressway — because car owners can go south on Jarvis for the nearest Gardiner Expressway on-ramp.

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    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
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    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 French Quarter II Condos vs The St. Lawrence Area

    Days on Strata

    Units at The French Quarter II Condos spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    4.8
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    40th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    The French Quarter II Condos offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    The French Quarter II Condos has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    The French Quarter II Condos yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    The French Quarter II Condos is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 115 Richmond Street E

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$479,900 - $555,000No Data$700,000
    Avg. Cost Per SqftNo Data$866No Data$845
    Avg. Wait for Unit AvailabilityNo Data126 Days324 Days406 Days
    Ratio of Units in Building3%73%9%17%

    Unit Sales vs Inventory

    Total number of units listed and sold in St. Lawrence