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    1265 - 313 Richmond Street E

    For SaleThe Richmond
    $599,900
    1 Bed + 1
    1 Bath
    0 Parking
    600 - 699 SQFT
    24 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $858 - $1,000/sqft
    Maintenance Fees:
    $469/mth
    Taxes:
    $1,992 (2023)
    Locker:
    Owned
    Outdoor Space:
    Juliet Balcony
    Exposure:
    West
    Possession Date:
    30/60/90
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump
    Ensuite Laundry
    Yes

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Great opportunity for a 1st time buyer, downsizer or Investor ! This meticulously cared-for home offers an abundance of natural light from its wide layout, floor-to-ceiling windows, and Juliette balcony with a full-on western view of the downtown cityscape. Fresh paint throughout and brand new light-colored wide plank luxury vinyl flooring create a harmonious flow from the moment you open the door. Upon entering, you will find a very generously proportioned den, an open concept kitchen with granite countertops and bar stool seating, and a combined living and dining room. The wide layout affords many different opportunities for furniture placement versus your typical bowling alley layout. The bedroom offers a full-on bright west-facing view and wall-to-wall closets. The building itself, The Richmond, was built by Canadas premier condo developer Tridel. Very low condo fees include all utilities, making budgeting a snap. Amenities include a 2-level professional grade gym, half basketball court, billiards, library, multiple conference rooms with Wi-Fi, 2 party rooms, catering kitchen, multimedia room, and the big score: the massive rooftop with 7 BBQs, picnic tables, loungers, 2 fire pits, covered gazebo, bar area, shower and hot tub. PS: An indoor hot tub and sauna are also found in the gym. There is a full-time cleaning crew, 24/7 concierge/security, as well as onsite management. Easily walk to the St. Lawrence Market, Distillery District, King East design corridor, shops and restos, and Rainbow cinema. For those working in the Financial District, its a 10-minute walk. TTC at door and Green P parking for your guests. An owned locker comes with the home.

    royal lepage your community realtyMLS® #C8278818


    Amenities

    Party Room
    Sauna
    Bike Storage
    Business Centre
    Gym Room
    Indoor Parking

    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
    The bike lane starts to feel like a second home.

    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 Richmond spend an average of
    27
    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

    Turnover of Units

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

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    30th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    27
    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 RangeNo Data$410,000 - $525,000$519,900 - $740,000No Data$852,500 - $1,135,000No Data
    Avg. Cost Per SqftNo Data$931$973No Data$973No Data
    Avg. Wait for Unit Availability228 Days58 Days41 Days61 Days259 DaysNo Data
    Ratio of Units in Building5%25%45%19%9%1%

    Maintenance Fees

    The Richmond vs The St. Lawrence Area

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