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    Graphic Arts Building

    73 Richmond Street W

    3for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    5
    Number of Units:
    64
    Condo Completion:
    2003
    Condo Demand:
    High
    Unit Size Range:
    350 - 4,000 SQFT
    Unit Availability:
    Low

    Listing History for Graphic Arts Building

    Amenities

    Concierge
    Security System

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 73 Richmond Street WGraphic Arts Building

    The prestigious Graphic Arts Building sits in the former home of Saturday Night magazine at 73 Richmond Street West off Bay Street, and can certainly be considered a landmark even despite its low-rise status. Originally built in 1913, the building was converted into condominiums in 2003 by Stinson Properties, the Sheppard Group, and Graphic Arts Building Incorporated. The result was a refreshing set of homes set within 73 Richmond St West’s historic architecture, whose charming ambiance was carefully preserved in the process.

    Standing at 5-storeys tall, the building's classical architecture feels grand enough to compete with some of the tallest skyscrapers surrounding 73 Richmond St West. Designed by Francis S. Baker, the limestone exterior features a myriad of elegant sculptural details, making it hard to determine a single highlight of the condo’s architecture.

    A faux colonnade wraps its way around the façade, only making the large windows in between the columns more alluring. Atop these columns, meticulously crafted cornices can be found, with detailed carvings that architecture buffs could stare at all day. What’s more, clean lines along the structure's stone-clad corners balances the design perfectly.

    Additionally, within 73 Richmond St West’s opulent lobby, residents can find a well-curated collection of art, with a piece by A.J. Casson, one of the former Group of Seven painters. Although this sophisticated space is the extent of the common space available to those living in the building, the bustling location and luxurious suites make the historic it an enviable place to live.

    The Suites

    73 Richmond St West is a boutique building, with an exclusive 64 downtown Toronto condos in the entire building. Moreover, these Toronto condos for sale are much sought-after by artists and professionals because of the building’s live-work zoning. Ranging in size from 350 to 2,200 square feet, suites consist of studios and one-bedroom units, plus two-bedroom penthouses. While the architecture does not support any balconies, those hoping for private outdoor space will want to check out the penthouses, which extend out onto rooftop terraces.

    Regardless of whichever suite best serves a particular buyer’s needs, the carefully refined environments all feel lavish. While finishes vary throughout the building, common features in these suites include modern kitchens and bathrooms, granite countertops, and hardwood flooring. And to top it all off, the suites boast some remarkably high ceilings and plenty of natural lighting.

    The Neighbourhood

    Just south of Nathan Phillips Square, and sitting amidst a concentration of skyscrapers, the excitement of the St. Lawrence neighbourhood almost never ceases. Nathan Phillips Square hosts festivals and special events throughout the year, but the highlight may very well be the beloved skating rink that’s set up there once the weather is cold enough.

    And yet when residents want an escape, they can check out the Cloud Gardens down the street. Located next to a couple of cafés, it's a pleasant place for a coffee break. Also around the corner is one of the area’s best kept secrets: Ben McNally Books.

    Transportation

    Living in the bustling downtown core of Toronto has many perks, one of the more obvious ones being access to public transit. For residents traveling around the immediate area, the 501 Streetcar runs east and west along Queen and happens to stop around the corner at Bay Street.

    Alternatively, both Queen and Osgoode Subway Stations are about half of a city block away from the building, the former at Queen and Yonge and the latter at Queen and University. They’re situated on different branches of the north-south running Yonge-University subway line, offering travelers plenty of choices for transit. Union Station is just two stops away from both Queen and Osgoode Stations, where those heading out of the city can reach GO Transit buses and trains, VIA Rail trains, and the UP Express service to Pearson International Airport.

    Finally, residents can find routes that avoid the worst of Toronto’s downtown traffic. Both Richmond and Adelaide, just to the south, are designated one-way roads where traffic happens to move quite well. And when drivers want to venture even further, they can take University Avenue south, which becomes York Street and then offers a connection onto the Gardiner Expressway.

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    Listings For Rent

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    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!

    Demographics

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

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Days on Strata

    Units at Graphic Arts Building spend an average of
    11
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    11%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    3.8
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Graphic Arts Building offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Graphic Arts Building has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    Graphic Arts Building yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    Graphic Arts Building is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 73 Richmond Street W

    Studio1 Bed1 Bed + Den2 Bed3 Bed + Den
    Price RangeNo Data$545,000 - $650,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$928No DataNo DataNo Data
    Avg. Wait for Unit Availability784 Days198 DaysNo DataNo DataNo Data
    Ratio of Units in Building42%44%2%9%4%

    Maintenance Fees

    Graphic Arts Building vs The St. Lawrence Area

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