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    203 - 320 Richmond St E

    For SaleThe Modern
    5.0
    $619,990
    Price Cut: $625,000
    1 Bed + 1
    2 Bath
    1 Parking
    700 - 799 SQFT
    96 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $604/mth
    Taxes:
    $2,608 (2024)
    Cost Per Sqft:
    $776 - $886/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    November 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Open Concept, Stainless Steel Appliances
    13.45 x 9.19ft
    Living
    Open Concept, Walk-Out
    10.5 x 9.84ft
    Dining
    Combined with Kitchen, Open Concept
    13.45 x 9.19ft

    About this Listing

    Top 5 reasons why Suite 203 at the Modern-320 Richmond is a great place to own and live! This one has it all: Large locker, Primo Parking Spot, Large Balcony! On the 2nd floor, close to the amenities-no need to hop on the elevator! Excellent Layout-A legit plus one-the Den can be used as a guest room, separate office-whatever you need it to be! Two large closets in the bedroom and an ensuite! Freshly painted and turn-key! The best Modern Condo opportunity in the building! Book a showing and come check it out for yourself.

    ExtrasVisitor parking, superb location-close to all with an excellent walkscore of 98!

    re/max hallmark realty ltd.MLS® #C9251901


    Amenities

    Indoor Parking
    Guest Suites
    Concierge
    Outdoor Pool
    Visitor Parking
    Lap Pool

    Explore Neighbourhood

    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!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    6,726
    Average Individual Income
    $68,091
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $116,464
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    24%
    65+
    22%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    14%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    54%
    High Rise Apartment
    26%
    Semi Detached
    11%
    Duplex
    4%
    Low Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    63%
    Mandarin
    15%
    Other
    10%
    Cantonese
    8%
    Tamil
    2%
    Tagalog
    1%
    Armenian
    1%
    Education
    University and Above
    37%
    High School
    24%
    College
    17%
    None
    13%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    7%
    Physical Sciences
    6%
    Humanities
    4%
    Education
    4%
    Visual & Performing Arts
    2%
    Personal, Protective & Transportation Services
    1%

    Maintenance Fees

    The Modern vs The Moss Park Area

    Days on Strata

    Units at The Modern spend an average of
    38
    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
    compared to other buildings in Moss Park

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 9 condos in the Moss Park area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    42
    Units were Rented over the past twelve months

    Best Value Rank

    The Modern offers the
    ?
    best value out of 9 condos in the Moss Park neighbourhood

    Appreciation Rank

    The Modern has the
    ?
    highest ROI out of 9 condos in the Moss Park neighbourhood

    Rental Yield

    The Modern yields the
    ?
    highest rent prices out of 9 condos in the Moss Park neighbourhood

    High Demand

    The Modern is the
    ?
    most popular building out of 9 condos in the Moss Park neighbourhood

    Transaction Insights at 320 Richmond Street E

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$362,000 - $365,000$460,000 - $530,000$572,000 - $650,000$739,000
    Avg. Cost Per Sqft$969$917$934$923
    Avg. Wait for Unit Availability1029 Days56 Days31 Days71 Days
    Ratio of Units in Building2%32%48%20%

    Transactions vs Inventory

    Total number of units listed and sold in Moss Park