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1404 - 318 Richmond Street W
For RentPicasso on RichmondEst Lease Timeframe 10 Days
$2,300/mth
Price Cut: $2,400
1 Bed
1 Bath
0 Parking
410 SQFT
16 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
East
Locker:
None
Possession Date:
April 22, 2024
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Air Conditioning
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Living
Combined with Dining, Walkout To Balcony
19.16 x 12.83ft
Dining
Combined with Living
19.16 x 12.83ft
Kitchen
Combined with Dining, Open Concept
19.16 x 12.83ft
About this Listing
Discover urban luxury at the Picasso in Toronto's vibrant Entertainment District. This sleek 1- bed, 1-bath unit boasts floor-to-ceiling windows for breathtaking city views. Open-concept layout blends living and dining areas seamlessly. Modern kitchen with top-of-the-line appliances. Enjoy amenities like fitness center, rooftop terrace, and 24-hour concierge. Located at Richmond and John, steps from dining, entertainment, and cultural attractions. Don't miss this opportunity! Schedule your viewing now!
ExtrasB/I S/S Appl Included; S/S Fridge, Stove, B/I Microwave/Fan, B/I Dishwasher, Washer/ Dryer , Window Coverings,Wooden Floor
century 21 atria realty inc.MLS® #C8260304
Amenities
Rooftop Deck
Gym Room
Party Room
BBQ
Rec Room
Sauna
Nearby Amenities
10/10
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
18,483
Average Individual Income
$71,628
Average Household Size
3 persons
Average Age
42
Average Household Income
$108,396
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
43%
Semi Detached
25%
Detached
24%
Low Rise Apartment
3%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
72%
Mandarin
13%
Cantonese
9%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
12%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
5%
Education
5%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Price Trends
Building Trends At Picasso on Richmond
Days on Strata
Units at Picasso on Richmond spend an average of
34
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
6.2
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
21st
Highest price per SQFT out of 51 condos in the Queen West area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
65
Units were Rented over the past twelve months
Best Value Rank
Picasso on Richmond offers the best value out of 51 condos in the Queen West neighbourhood
?
Appreciation Rank
Picasso on Richmond has the highest ROI out of 51 condos in the Queen West neighbourhood
?
Rental Yield
Picasso on Richmond yields the highest rent prices out of 51 condos in the Queen West neighbourhood
?
High Demand
Picasso on Richmond is the most popular building out of 51 condos in the Queen West neighbourhood
?
Transaction Insights at 318 Richmond Street W
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $628,000 | $639,888 - $682,000 | $850,000 - $917,500 | $952,500 | $999,000 |
| Avg. Cost Per Sqft | No Data | $1,110 | $982 | $1,089 | $1,169 | $1,147 |
| Price Range | $1,980 - $2,350 | $2,280 - $2,800 | $2,200 - $3,500 | $3,400 - $5,200 | $3,300 - $4,000 | $4,150 - $5,500 |
| Avg. Wait for Unit Availability | 88 Days | 57 Days | 30 Days | 181 Days | 202 Days | 763 Days |
| Avg. Wait for Unit Availability | 23 Days | 12 Days | 11 Days | 51 Days | 51 Days | 207 Days |
| Ratio of Units in Building | 17% | 31% | 37% | 8% | 8% | 2% |
Maintenance Fees
Picasso on Richmond vs The Queen West Area
