39 days on Market

311 Richmond St #705, Toronto, Ontario M5A 4S8

In the same building:
-
Condo
1
1
~600-699 sqft
$569,000
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Condo
1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$881/sqft

Est. Mortgage$2,444/mo

Maintenance fees$605/mo

Tax Amount (2024)$2,418/yr

Days On Market39 days


Description

Feel rich on Richmond! Without breaking the bank! Welcome to this beautifully updated 1-bedroom, 1-bathroom condo at 311 Richmond Street East Suite 705. Move right in without lifting a finger! Perched high up above Richmond Street East, this unit is in a well-managed boutique building and features laminate floors, a renovated white kitchen, and large windows that fill the unit with natural light. The kitchen is a chef's dream, equipped with contemporary cabinets, stainless steel appliances, a stylish backsplash, and a huge breakfast bar perfect for entertaining. The unit feels extra wide and the living room walks out to the balcony overlooking Richmond Street East below. Enjoy the spacious bedroom with a walk-in closet. The well-appointed bathroom will make getting ready in the morning extra fun. In-suite laundry, an owned underground parking spot, and a locker for extra storage round off this incredible opportunity. Located a quick walk from Toronto's Financial District, this condo offers the best of both worlds: a peaceful retreat with easy access to the city's bustling amenities and offices. Just steps from your door you'll find trendy cafes, restaurants, and shops, while the St. Lawrence Market and Distillery District are only a short walk away. Public transit is a breeze with multiple streetcar and bus routes nearby, and the King and Queen Street subway stations on TTC Line 1 are just minutes away so you can hop around Toronto easily and efficiently. With convenient access to the Don Valley Parkway and Gardiner Expressway, commuting or getting out of the city are a snap, making this location perfect for those who want a blend of convenience, comfort, and connectivity. Welcome home!


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC10420995
Community NameSt. Lawrence
Data SourceTRREB
Listing byROYAL LEPAGE CONNECT REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Br

3.93 x 2.71

Laminate / W/I Closet / Large Window

Kitchen

2.16 x 2.41

Laminate / Modern Kitchen / Stainless Steel Appl

Living

5.69 x 3.18

Laminate / Combined W/Dining / W/O To Balcony

Dining

5.69 x 3.18

Laminate / Combined W/Living / W/O To Balcony


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


7Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by ROYAL LEPAGE CONNECT REALTY, Brokerage

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Market Data - St. Lawrence

Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2023

41 days

2022

24 days

2021

22 days

New Listings

Past 30 days

161 listings

Compared to

2023

157 listings

2022

102 listings

2021

71 listings

Units sold

Past 30 days

32 units

Compared to

2023

28 units

2022

42 units

2021

70 units

Median Sold Price

Past 30 days

$628,500

Compared to

2023

$595,000

2022

$687,500

2021

$697,500


Population and Demographics

Overview

Total population 18285
Average household income $163,660

Age (%)

20 to 34
39%
35 to 49
24%
50 to 64
16%
65 and plus
12%
0 to 19
9%

Household composition (%)

Single person
56%
Single family
37%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
73%
Mandarin
4%
Spanish
4%
French
3%
Yue (Cantonese)
3%
Arabic
2%
Russian
2%
Others
1%
Korean
1%
Portuguese
1%

House tenancy (%)

Renters
56%
Owners
44%

Schools and amenities

Estimated Budget