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    701 - 115 Richmond Street E

    For SaleThe French Quarter II Condos
    $628,800
    1 Bed
    1 Bath
    1 Parking
    710 SQFT
    89 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $886/sqft
    Maintenance Fees:
    $740/mth
    Taxes:
    $2,458 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    March 5, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Foyer
    Hardwood Floor, Double Closet
    4 x 10.07ft
    Kitchen
    Granite Counter, Backsplash, Porcelain Floor
    9.32 x 9.58ft
    Dining
    Hardwood Floor, Open Concept
    7.09 x 11.61ft

    About this Listing

    Gorgeous European-inspired Condo Large 710 sqft corner suite w/Parking , This Elegance modern functionality Gem features 9' ceilings, the entrance leads to the luminous kitchen w/window & granite countertops. This unit has ample storage & built-in wardrobes. The open concept living room w/ Den perfect for Work from Home, W/O to relax at your balcony enjoy the stunning SW view. FQ2 offers a Rooftop Terrace with herb garden, year round BBQ, a, lounge, Exercise room, a Party room/Library, 24-hour security, plenty Visitor Parking . .Unique to this property is a Extra Large Accessible parking spot. Embrace downtown living Walk to St. Lawrence Market, Bay Street, St. Michael's Hospital, Eaton Centre. This boutique condo offers contemporary design, quality finishes, NOTE : Maintenance fee Included all Utilities : Heat, Hydro, Water, Parking so you can have a peaceful mind

    ExtrasFridge, Stove, dishwasher, Range hood, Washer & Dryer, All Light Fixtures, Window Covering, White Wardrobe in the Bedroom,

    forest hill real estate inc.MLS® #C8049814


    Amenities

    BBQ
    Rec Room
    Indoor Parking
    Party Room
    Concierge
    Games Room

    Nearby Amenities

    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!

    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
    Household Income
    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%

    Days on Strata

    Units at The French Quarter II Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -17%
    Decrease in property value within the past twelve months

    Price Ranking

    41st
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    2
    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$485,000 - $555,000No Data$700,000
    Avg. Cost Per SqftNo Data$823No Data$845
    Avg. Wait for Unit AvailabilityNo Data123 Days324 Days481 Days
    Ratio of Units in Building3%74%8%17%

    Maintenance Fees

    The French Quarter II Condos vs The St. Lawrence Area

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