850 Richmond St W. This condo townhouse at Edition Richmond is located in  Downtown, Toronto - image #1 of 4 by Strata.ca
850 Richmond St W. This condo townhouse at Edition Richmond is located in  Downtown, Toronto - image #2 of 4 by Strata.ca
850 Richmond St W. This condo townhouse at Edition Richmond is located in  Downtown, Toronto - image #3 of 4 by Strata.ca
pin_buy850 Richmond St W
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    0Listings for Salefor Sale
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    Walkability
    9/10
    Transit
    10/10
    Bikeability
    6/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    low
    Property Type
    Townhouse
    Developer
    Curated Properties
    Condo Completion
    2015
    Property Management
    Summa Property Management
    Unit Size Range
    1000 - 2162 SQFT
    Number of Units
    20
    Number of Storeys
    3

    850 Richmond St W, Toronto

    About this condo

    Located at 850 Richmond St W, Edition Richmond is a 3-storey condo containing 20 units. These Toronto condos for sale were completed in 2015 with units starting at 1000 square feet, ranging up to 2162 square feet. What makes a Queen West condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a Walk Score of 87 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees at 850 Richmond St W are only $0.45, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 850 Richmond St W is $1,109, based on the past 12 months of sales, and units tend to sell within 18 days of being listed. 1 unit has been rented in the previous 12 months, and 4 units have been sold. Suites often sell for 4.10% above the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    This is an excellent location for those who love to dine out, with great restaurants close by such as Hooky's Fish and Chips, Agora Greek Market & Cafe and Noce. Want a freshly brewed coffee without stepping foot on a bus or jumping in the car? Then you’ll be pleased to know that White Squirrel Coffee Shop, Sam James Coffee Bar PARK and Nadège Patisserie are both walkable.

    Grocery pick-ups are made easy thanks to Independent City Market, The Lucky Penny General Store and Cafe and K & N Supermarket within a 11-minute walk.

    Residents here can stop by TD Bank – Help & Advice Centre and Scotiabank on their way home from work, so they can take care of their financial needs.

    Having Stanley Park North - Toronto, Stanley Park and Graffiti Alley West within 6 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Those who love to shop will appreciate all the options nearby with The Queer Shopping Network, Shops at King Liberty and Shoppes on Queen West just 2 minutes from here.

    Art and culture seekers can enjoy amazing attractions nearby like Pari Nadimi Gallery, Stuart Jackson Gallery and QueenSpecific, less than 7 minutes walking distance from here. Zoomerhall is just a short drive away for movie nights.

    With Niagara Street Junior Public School, Charles G. Fraser Junior Public School and Givins/Shaw Junior Public School in the neighbourhood, you'll always have excellent choices that ensure your children get the best education while nearby. Families with older children will be happy to know that Craig Roland Lee, University of Toronto Schools (Humbert Site) and E F High School Year can be reached by car in under 2 minutes.

    Transportation

    Transit riders can catch the King St West At Strachan Ave within minutes. Those who live in the area can easily drive to Osgoode, just 6 minutes from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 901 Queen St W, 955 Queen St W and 25-37 Massey St.

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    Amenities

    Amenities
    Visitor Parking
    BBQ
    Security System
    Rooftop Deck/Garden
    Bike Storage

    Maintenance Fees Cover

    Maintenance fees include

    None

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning
    Water

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Edition Richmond vs The Queen West Area

    $42.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Edition Richmond's Avg
    price per SQFT
    $1,188 / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,146 / SQFT

    Building Trends At Edition Richmond

    Days on Market

    Units at Edition Richmond spend an average of
    18
    Days on Market
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 46 condos in the Queen West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value

    Edition Richmond offers the
    ?
    best value out of 46 condos in the Queen West neighbourhood

    Return on Investment

    Edition Richmond has the
    ?
    highest ROI out of 46 condos in the Queen West neighbourhood

    Rental Yield

    Edition Richmond yields the
    ?
    highest rent prices out of 46 condos in the Queen West neighbourhood

    High Demand

    Edition Richmond is the
    ?
    most popular building out of 46 condos in the Queen West neighbourhood

    Sales vs Rental Values For This Condo

    2 Bed1011 - 1175 SQFT
    Average Cost Per Sqft$1,153
    Sales Price Range$1,315,000 - $1,415,000
    Rental Price Range
    No Data
    3 Bed1625 - 1800 SQFT
    Average Cost Per Sqft$1,100
    Sales Price Range$1,700,000 - $1,700,000
    Rental Price Range$7,000 - $7,000

    How Often Are Units Listed?

    2 Bed1000 - 1699 SQFT
    Average Sales Availability
    Every226Days
    Average Rental Availability
    Every711Days
    Ratio of Unit Type in Building44%
    2 Bed + Den1611 - 1611 SQFT
    Average Sales Availability
    No Data
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building4%
    3 Bed1625 - 2162 SQFT
    Average Sales Availability
    Every222Days
    Average Rental Availability
    Every407Days
    Ratio of Unit Type in Building52%

    Maintenance Fees
    Edition Richmond vs The Queen West Area

    $0.31
    Less Expensive
    per SQFT compared to the neighbourhood average
    Edition Richmond's Avg
    monthly maintenance
    fee per SQFT
    $0.45 / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.76 / SQFT

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