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    Rush Condos

    2 Augusta Avenue & 520 Richmond Street W

    2for Sale
    3for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    123
    Condo Completion:
    2021
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Rush Condos

    Receive listing updates for Queen West

    Amenities

    Concierge
    Indoor Parking
    Gym Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2 Augusta AvenueRush Condos

    520 Richmond Street W, 2 Augusta Avenue is a great choice for those seeking a Queen West condo for sale. This condo is 15 storeys tall and is home to 123 units. The complex was completed in 2021, and features Toronto condo that range in size from 400 square feet to 1000 square feet.

    This condo has an excellent Walk Score of 100 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 520 Richmond Street W, 2 Augusta Avenue are $0.98 per-square-foot, which is significantly higher than the city average of about $0.67.

    The Suites

    On average, units at 520 Richmond Street W, 2 Augusta Avenue sell -1.27% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $1,020 and units sell with 46 days on market on average. Over the past 12 months, 3 have sold and 33 have have been rented here.

    The Neighbourhood

    This is an excellent location for those who love to dine out, with great restaurants close by such as Java House, Arepa Café TO and I Love Sushi. Breakfast is the most important meal of the day for one reason: coffee. Thankfully, there are some cozy cafes close by, such as Aroma Espresso Bar, Fahrenheit Coffee and Cauldron Ice Cream.

    Grocery pick-ups are made easy thanks to Winstons Grocery, Loblaws and Harrington Fine Foods within a 5-minute walk.

    Rush Condos is a great choice for residents who are money conscious — with banks like BMO Bank of Montreal and RBC Royal Bank nearby.

    Alex Wilson Parkette, Alex Wilson Community Garden and St. Andrew's Market and Playground are only steps away, so residents always have a place to relax in nature.

    Enhance your personal style while living in the Queen West neighbourhood by visiting Shoppes on Queen West, Beam.city and Chinatown Centre.

    Art and culture seekers can enjoy amazing attractions nearby like Graffiti Alley, The Richmond and Galeries d'Art Inuit Baffin, less than 4 minutes walking distance from here. CineCycle is just a short drive away for movie nights.

    With ALPHA Alternative Junior School, Downtown Vocal Music Academy of Toronto and St. Mary Catholic Elementary School in the neighbourhood, you'll always have excellent choices that ensure your children get the best education while nearby. Queen West is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending E F High School Year, Oasis Alternative Secondary School and Apex Academy Online. And you’ll have peace of mind they’re nearby!

    Transportation

    With a 100 walk score, public transit users can reach the nearest light transit stop at Richmond St w at Spadina Ave in just minutes. Those who live in the area can easily drive to Osgoode, just 3 minutes from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 50 Ordnance Street, 500 Richmond Street W and 505 Richmond Street W.

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    Explore Neighbourhood

    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!

    Similar condos

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    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%

    Maintenance Fees

    Rush Condos vs The Queen West Area

    Days on Strata

    Units at Rush Condos spend an average of
    46
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 50 condos in the Queen West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    33
    Units were Rented over the past twelve months

    Best Value Rank

    Rush Condos offers the
    ?
    best value out of 50 condos in the Queen West neighbourhood

    Appreciation Rank

    Rush Condos has the
    ?
    highest ROI out of 50 condos in the Queen West neighbourhood

    Rental Yield

    Rush Condos yields the
    ?
    highest rent prices out of 50 condos in the Queen West neighbourhood

    High Demand

    Rush Condos is the
    ?
    most popular building out of 50 condos in the Queen West neighbourhood

    Transaction Insights at 2 Augusta Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$598,000 - $615,000No DataNo Data$1,140,000No Data
    Avg. Cost Per SqftNo Data$1,022No DataNo Data$1,175No Data
    Avg. Wait for Unit AvailabilityNo Data57 DaysNo DataNo DataNo DataNo Data
    Ratio of Units in Building14%56%16%5%6%6%

    Unit Sales vs Inventory

    Total number of units listed and sold in Queen West