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717 - 388 Richmond Street W
For RentDistrict LoftsEst Lease Timeframe 18 Days
$3,349/mth
2 Beds
1 Bath
1 Parking
800 SQFT
17 Days on Strata
Listing History
Unit Highlights
Property Type:
Soft Loft
Utilities Included:
No
Outdoor Space:
Terrace
Furnished:
No
Exposure:
North South
Locker:
None
Possession Date:
June 1, 2024
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Air Conditioning
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Heat Pump
- Ensuite Laundry
- Yes
Room Dimensions
Living
Walkout To Balcony, Wood Floor, Open Concept
17 x 10.99ft
Dining
Wood Floor, Combined with Living
17 x 10.99ft
Kitchen
Granite Counter, Breakfast Bar
17 x 9.09ft
About this Listing
**District Lofts** 800+/- Sf Demand 2 Level, 2 Bdrm Thru-Suite With Dual North & South Exposures & Private Balcony! Features Quiet, High & Clear North City/Treetop Views From Floor To Ceiling Windows, Upgraded Wood Floors On Both Levels + Stairs, Granite Counters W/Bkfast Bar And Custom B/I Mbr Closet! Also Includes 1 Owned Pkg. Steps To Kensington Market, Chinatown And The Entertainment District! Fast And Easy Access To Lakeshore/Gardiner/Qew.
ExtrasFridge, Stove, B/I Dw, B/I Micro, Window Coverings, Elfs, Front Loading W/D, Blinds. Min.1 Year Lease. **Note** Rental Application, Credit Report, Photo ID, Ltr Of Employment & Pay Stub Req. W/ Offer. If Self-Employed, Last 2 Noas.
toronto lofts realty corp.MLS® #C8304582
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%
Price Trends
Building Trends At District Lofts
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
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
4.2
YEARS before being sold againProperty 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 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $590,000 | No Data | $1,000,000 - $1,550,000 | No Data | No Data |
| Avg. Cost Per Sqft | $827 | No Data | $1,011 | No Data | No Data |
| Price Range | No Data | No Data | $3,200 - $4,025 | No Data | No Data |
| Avg. Wait for Unit Availability | 148 Days | 525 Days | 74 Days | 848 Days | 284 Days |
| Avg. Wait for Unit Availability | 90 Days | 325 Days | 84 Days | No Data | No Data |
| Ratio of Units in Building | 30% | 13% | 48% | 8% | 4% |
Maintenance Fees
District Lofts vs The Queen West Area
