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    1110 - 388 Richmond Street W

    For SaleDistrict Lofts
    $1,099,000
    2 Beds
    2 Bath
    1 Parking
    1,000 - 1,199 SQFT
    19 Days on Strata
    Est Sell Timeframe
    25 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Cost Per Sqft:
    $917 - $1,099/sqft
    Maintenance Fees:
    $981/mth
    Taxes:
    $4,024 (2023)
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South
    Possession Date:
    June 24, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Other
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    The District Lofts - Unique South & North facing, 2 story condo situated on the 11th and 12th floor. Main level consists of Kitchen, Living and dining room with a walk out to an extra large terrace (with a beautiful view). 2nd floor has a very large primary bedroom, washroom and 2nd bedroom which is also large. Imagine a townhouse style condo in the sky! Unit comes with parking (with EV Charger) and locker. Situated steps from the new Ontario line Spadina/Queen subway stops! Building is award winning and highly sought after. The location is incredible with a walk score of 100.

    ExtrasFridge, Stove, Dishwasher, Washer, Dryer, Light Fixtures

    pmt realty inc.MLS® #C8295954


    Amenities

    Gym Room
    BBQ
    Rec Room
    Security System
    Visitor Parking
    Rooftop Deck

    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%

    Days on Strata

    Units at District Lofts spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    4%
    above
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.2
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 51 condos in the Queen West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    District Lofts offers the
    ?
    best value out of 51 condos in the Queen West neighbourhood

    Appreciation Rank

    District Lofts has the
    ?
    highest ROI out of 51 condos in the Queen West neighbourhood

    Rental Yield

    District Lofts yields the
    ?
    highest rent prices out of 51 condos in the Queen West neighbourhood

    High Demand

    District Lofts is the
    ?
    most popular building out of 51 condos in the Queen West neighbourhood

    Transaction Insights at 388 Richmond Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$590,000No Data$1,000,000 - $1,550,000No DataNo Data
    Avg. Cost Per Sqft$827No Data$1,011No DataNo Data
    Avg. Wait for Unit Availability148 Days525 Days74 Days848 Days284 Days
    Ratio of Units in Building30%13%48%8%4%

    Maintenance Fees

    District Lofts vs The Queen West Area

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