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MLS Restricted Listing
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318 Richmond Street W
Listing History
Unit Highlights
Off Market Listing
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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
- No
Amenities
Visitor Parking
BBQ
Indoor Pool
Sauna
Rec Room
Gym Room
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
0 persons
Average Age
2
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
Tagalog
1%
Mandarin
8%
Cantonese
6%
Korean
1%
Tamil
1%
English
41%
Indigenous Language
31%
Other
11%
Education
High School
21%
Apprenticeship
2%
University and Above
43%
College
15%
University Below Batchelor
3%
None
12%
Major Field of Study
Personal, Protective & Transportation Services
2%
Health & Related Fields
10%
Architecture & Engineering
17%
Humanities
6%
Physical Sciences
5%
Math & Computer Sciences
8%
Social Sciences
12%
Education
5%
Visual & Performing Arts
3%
Business Management
25%
Price Trends
Building Trends At Picasso on Richmond
Days on Strata
Units at Picasso on Richmond spend an average of
27
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
above
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
-2%
Decrease in property value within the past twelve months
Price Ranking
20th
Highest price per SQFT out of 51 condos in the Queen West area
Sold Units
18
Units were Sold over the past twelve months
Rented Units
68
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 | $485,000 - $486,000 | $605,000 - $633,888 | $629,000 - $682,000 | $850,000 - $917,500 | $952,500 | $999,000 |
Avg. Cost Per Sqft | $1,305 | $1,028 | $999 | $1,089 | $1,169 | $1,147 |
Price Range | $1,980 - $2,350 | $2,250 - $2,800 | $2,200 - $3,500 | $3,300 - $5,200 | $3,300 - $4,000 | $4,150 - $5,500 |
Avg. Wait for Unit Availability | 88 Days | 56 Days | 30 Days | 172 Days | 219 Days | 763 Days |
Avg. Wait for Unit Availability | 23 Days | 12 Days | 11 Days | 50 Days | 52 Days | 207 Days |
Ratio of Units in Building | 17% | 31% | 36% | 8% | 8% | 2% |
Maintenance Fees
Picasso on Richmond vs The Queen West Area