320 Richmond St E. This condo at The Modern is located in  Downtown, Toronto - image #1 of 6 by Strata.ca
320 Richmond St E. This condo at The Modern is located in  Downtown, Toronto - image #2 of 6 by Strata.ca
320 Richmond St E. This condo at The Modern is located in  Downtown, Toronto - image #3 of 6 by Strata.ca
320 Richmond St E. This condo at The Modern is located in  Downtown, Toronto - image #4 of 6 by Strata.ca
320 Richmond St E. This condo at The Modern is located in  Downtown, Toronto - image #5 of 6 by Strata.ca
pin_buy320 Richmond St E
4Listings for Salefor Sale
10Listings for Rentfor Rent
building_buyThe Modern
pin_buy320 Richmond St Eexpand addresses list
    building_buyThe Modern
    4Listings for Salefor Sale
    10Listings for Rentfor Rent
    Walkability
    10/10
    Transit
    10/10
    Bikeability
    8/10
    © OpenStreetMap
    map of location
    Developer
    Empire Communities
    Condo Completion
    2012
    Property Management
    First Service Residential
    Property Type
    Condo
    Unit Size Range
    366 - 920 SQFT
    Number of Units
    343
    Number of Storeys
    17
    CONDO Demand
    high
    Unit Availability
    Average

    320 Richmond St E, Toronto

    About this condo

    Located in a rapidly changing neighbourhood — one that’s becoming cooler by the day — the Modern Condos at 320 Richmond Street East fit right in. Slate-coloured brick, rectangular window panes, and groupings of balconies of various sizes make up the façade at 320 Richmond East, while a diverse group of residents inhabit the homes within.

    In the spirit of Toronto’s respect for diversity and inclusion, the Toronto Congregation at Center Place is found within the building as well, where those interested can attend weekly Sunday services or participate in mindfulness meditation classes without leaving the building. Those uninterested in religion can skip Center Place, and instead browse through the other retail spaces that occupy the ground floor.

    While the exterior is contemporary as can be, the amenities found within the Modern Condos are set to impress any 21st century urbanite. Not only does the building boast a rooftop terrace with a pool, but also onsite is a games room, gym, sauna, party room, and even a pet spa. Out of town visitors will also love coming to see their friends and family, as they can refrain from imposing too much by booking a guest suite.

    The Suites

    Built in 2012 by Empire Communities, the Modern Condos reaches to 17 storeys, and holds an impressive 343 units — so there's plenty of opportunities to find downtown Toronto condos for sale here. With such a large number of homes, it’s no wonder there’s also just enough variety in terms of size and exposure. Unites range in size from around 400 to 900 square feet, and contain one or two bedrooms each.

    The suites at 320 Richmond East are luxurious yet understated, with hardwood flooring found throughout. As well, ultra-modern kitchens boast stainless steel appliances and stone counters, while porcelain-clad bathrooms are outfitted with generously sized tubs.

    The Neighbourhood

    Located in the Moss Park neighbourhood, between King and Queen Streets East, residents living at 320 Richmond East have their pick when it comes to enjoying their spare time or running necessary errands. Regardless of one’s preference, one thing is for certain: the Modern Condos are situated in a central spot in the downtown core of Canada’s most exciting metropolis.

    Amateur and aspiring chefs will love living so close to St. Lawrence Market, a Toronto landmark and shopping heaven. Here, visitors can find everything from fresh produce to cheeses, meats, bagels and breads, seafood, imported spices from all over the world, bulk foods, and even antiques on the weekends.

    Yet another historic option for residents is the Distillery District. Here, options for spending an afternoon or evening include dining at a Mexican cantina or a French bistro, sipping on a cappuccino at Balzac’s before wandering through some contemporary art galleries, or taking a photoshoot with friends or loved ones along the cobblestone roads.

    Culture buffs will also feel right at home in the surrounding neighbourhood. Live performances can be found year ‘round at the Sony Centre for the Performing Arts, the Young Centre for the Performing Arts, or the Soulpepper Theatre; The Pheonix Concert Theatre is the neighbourhood spot for live music; the Scotiabank Arena and the Rogers Centre aren’t far off either.

    Outdoorsy types can head down to Lake Ontario in no time, where activities might include relaxing at Cherry Beach, exploring Tommy Thompson Park, or cycling along the Martin Goodman Trail. Even Riverdale Park is within close reach, where residents can spend the day picnicking, playing baseball or even cricket, or visiting the farm with the kids.

    Transportation

    Living at 320 Richmond East makes it all that much easier to travel around Toronto. Residents are well situated, no matter what their preferred method of transportation may be.

    To start, drivers can get around with ease, thanks to the one-way streets that line the immediate area, as well as the major highways just beyond those. A quick ride down Lower Jarvis, for example, will land motorists at the Gardener Expressway, from which they can ride east or west along the southern edge of the city. Alternatively, the Don Valley Parkway can be accessed via Queen Street East, which provides easy access up to the 401.

    Those who rely on TTC to get around, on the other hand, will want to head one block north or two blocks south to catch a streetcar heading toward the Yonge-University-Spadina subway line. The Sherbourne bus, which makes a stop just steps from the front doors of the Modern Condos, will carry passengers to Sherbourne Station on the Bloor-Danforth line.

    4

    Listings For Sale

    Interested in receiving new listings for sale?

    10

    Listings For Rent

    Interested in receiving new listings for rent?

    Property Highlights

    Amenties
    Visitor Parking
    Outdoor Pool
    Rooftop Deck
    Indoor Parking
    Rec Room
    Sauna
    Party Room
    Guest Suites
    Lap Pool
    Gym Room
    Bike Storage
    Concierge

    Listing History for The Modern

    Stats, Trends & Rankings

    Price: 
     | 

    The Modern vs The Moss Park Area
    The Modern's Avg
    $1,041 SQFT
    Neighbourhood Avg
    $1,209 SQFT

    Building Trends At The Modern

    Days on Market

    Units at The Modern spend an average of
    17
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    above
    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
    5.9
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 10 condos in the Moss Park area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    46
    Units were Rented over the past twelve months

    Best Value Rank

    The Modern offers the
    ?
    best value out of 10 condos in the Moss Park neighbourhood

    Appreciation Rank

    The Modern has the
    ?
    highest ROI out of 10 condos in the Moss Park neighbourhood

    Rental Yield

    The Modern yields the
    ?
    highest rent prices out of 10 condos in the Moss Park neighbourhood

    High Demand

    The Modern is the
    ?
    most popular building out of 10 condos in the Moss Park neighbourhood

    Sales vs Rental Values For This Condo

    Studio366 - 366 SQFT
    Average Cost Per Sqft
    No Data
    Sales Price Range
    No Data
    Rental Price Range$1,690 - $1,775
    1 Bed400 - 635 SQFT
    Average Cost Per Sqft$972
    Sales Price Range$610,000 - $626,000
    Rental Price Range$1,750 - $2,200
    1 Bed + Den535 - 920 SQFT
    Average Cost Per Sqft$983
    Sales Price Range$580,000 - $786,000
    Rental Price Range$2,000 - $2,650
    2 Bed687 - 849 SQFT
    Average Cost Per Sqft$981
    Sales Price Range$801,000 - $880,000
    Rental Price Range$2,200 - $3,200

    How Often Are Units Listed?

    Studio366 - 400 SQFT
    Average Sales Availability
    Every758Days
    Average Rental Availability
    Every455Days
    Ratio of Unit Type in Building2%
    1 Bed400 - 700 SQFT
    Average Sales Availability
    Every46Days
    Average Rental Availability
    Every28Days
    Ratio of Unit Type in Building33%
    1 Bed + Den535 - 920 SQFT
    Average Sales Availability
    Every26Days
    Average Rental Availability
    Every24Days
    Ratio of Unit Type in Building48%
    2 Bed687 - 905 SQFT
    Average Sales Availability
    Every63Days
    Average Rental Availability
    Every34Days
    Ratio of Unit Type in Building20%

    Maintenance Fees

    The Modern vs The Moss Park Area
    The Modern's Avg
    monthly maintenance fee
    $0.70 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.64 / SQFT

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