Indoor foyer for 318 Richmond St #2408, Toronto Ontario M5V 1X2
21 days on Market

318 Richmond St #2408, Toronto, Ontario M5V 1X2

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$648,000
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$1,004/sqft

Monthly cost

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CMA Subject Property

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+57

Properties sold*

$637K

Median sold price*

*Based on last 30 days

Description

Live in luxury at Picasso on Richmond with this stunning 1+1 bedroom condo in the heart of downtown Toronto's Entertainment District. This Best View suite offers over $30,000 in upgrades, a spacious open-concept layout, breathtaking and unobstructed south-facing city & CN Tower views, and a serene quiet-in-the-middle-of-it-all location. The suite features a modern kitchen with an integrated fridge, flat cooktop, built-in oven, built-in microwave, built-in dishwasher, washer, dryer, great-sized den, 9 ft smooth ceilings, and a Private Oasis Balcony with clear view. Rooftop terrace, fitness centre, swimming pool, and 24/7 concierge. *Furniture Included* Step outside to Nofills, Goodlife, and Bestco! King & Queen West, the Financial District, Rogers Centre, Scotiabank Arena, Harbourfront, Ripley's Aquarium, and the Fashion District. Seamless TTC, P.A.T.H., and Union Station access puts the entire city within reach. The area is filled with top restaurants, bars, cafes, quirky Queen Street shops, and is just minutes to Grange Park, OCAD, and Chinatown for endless dining and takeout options. Optimum choice for investor or self-occupied! Enjoy a rare urban oasis balcony with views that soothe your soul and let your worries fade away.


Property Details

StyleApartment
ViewClear, City, Downtown
Age of property6-10
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12346080
Community NameEntertainment District
Data SourceTRREB
Listing byFIRST CLASS REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Den

2.0 x 2.1

carpet free / Led Lighting / Laminate

Living

3.78 x 6.76

Balcony / Se View / Window Flr to Ceil

Kitchen

3.78 x 2.8

B/I Appliances / Open Concept / Backsplash

Br

3.3 x 3.5

W/O To Balcony / Closet / Window Flr to Ceil


Features

Patio: Open
Balcony: Open

23Story
Elevator
Amenities

Exercise Room, Games Room, Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Aug 15, 2025
ListedActive
$648,000
21 days on market
history photo preview32
Listing by trreb®

Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2024

34 days

2023

24 days

2022

27 days

New Listings

Past 30 days

188 listings

Compared to

2024

179 listings

2023

215 listings

2022

157 listings

Units sold

Past 30 days

57 units

Compared to

2024

57 units

2023

54 units

2022

86 units

Median Sold Price

Past 30 days

$640,000

Compared to

2024

$637,000

2023

$700,000

2022

$747,500


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

0 to 19
7%
20 to 34
57%
35 to 49
22%
50 to 64
9%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget