Maintenance Fees
Space Lofts vs The St. Lawrence Area
220 - 255 Richmond St E
$629,9001 bd1 ba0 pk635 sqft
For SaleSpace Lofts
69 Days on Strata
$629,900
1 Bed
1 Bath
0 Parking
635 SQFT
Listing History
Details
Ownership Type:
Condominium
Property Type:
Soft Loft
Maintenance Fees:
$518/mth
Taxes:
$2,346 (2024)
Cost Per Sqft:
$992/sqft
Outdoor Space:
Terrace
Locker:
Owned
Exposure:
North
Possession Date:
May 1, 2025
Laundry:
Ensuite
Amenities
Rec Room
Visitor Parking
Party Room
Concierge
Business Centre
Sauna
Bike Storage
Guest Suites
Gym
Security System
About this Listing
Welcome to Space Lofts! Experience true loft living in this stunning two-storey, 1-bedroom unit featuring exposed concrete and impressive 17' windows that fill the space with natural light. This modern loft boasts an open-concept living & dining area, that opens up to an oversized, private terrace. This unit also has engineered hardwood floors, brand new kitchen cabinets with sleek quartz countertops & new stainless steel appliances. The primary bedroom retreat on the upper level offers a double closet, ensuite 4-piece bath with a large closet with stackable washer & dryer. This well-managed building is ideally located within walking distance to St. Lawrence Market, the Distillery District, Eaton Centre, George Brown College, Financial district, and steps to transit. Pet friendly, mid-rise building features low condo fees that include heat, hydro, and water! **EXTRAS** 24 hr concierge, guest suite, party room, meeting room, gym, sauna, visitor parking, & bike storage.
ExtrasStainless steel fridge (Bosch), stove, microwave and dishwasher (Bosch). Stackable washer and dryer. All electrical light fixtures, window coverings, white shelving unit in the bathroom & TV Bracket in living room.
royal lepage elite realtyMLS® #C11948857
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Living
hardwood floor, Combined with Dining, Walkout To Terrace
16.57 x 11.09ft
Dining
hardwood floor, Combined with Living
16.57 x 11.09ft
Kitchen
Stainless Steel Appliances, Quartz Counter
9.61 x 7.12ft
Bedroom
O/Looks Living, hardwood floor, 4 Piece Ensuite
9.78 x 9.61ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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10/10
Transit
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7/10
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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%
Building Trends At Space Lofts
Days on Strata
Units at Space Lofts spend an average of
33
Days on Strata
based on recent sales
List vs Selling Price
On average, these lofts sell for
1%
below
the list price.
Offer Competition
Lofts in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in St. Lawrence
Turnover of Units
On average, each unit is owned for
4.4
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
8th
Highest price per SQFT out of 71 condos in the St. Lawrence area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
16
Units were Rented over the past twelve months
Best Value Rank
Space Lofts offers the best value out of 71 condos in the St. Lawrence neighbourhood
?
Appreciation Rank
Space Lofts has the highest ROI out of 71 condos in the St. Lawrence neighbourhood
?
Rental Yield
Space Lofts yields the highest rent prices out of 71 condos in the St. Lawrence neighbourhood
?
High Demand
Space Lofts is the most popular building out of 71 condos in the St. Lawrence neighbourhood
?
Market Insights
Transaction Insights at Space Lofts
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | $340,000 - $420,000 | $520,000 - $569,000 | No Data | $680,000 | No Data |
| Avg. Cost Per Sqft | $1,061 | $911 | No Data | $938 | No Data |
| Price Range | $1,700 - $2,050 | $2,400 - $2,950 | $2,650 - $2,700 | $1,450 - $3,400 | $3,600 |
| Avg. Wait for Unit Availability | 280 Days | 37 Days | 155 Days | 362 Days | 330 Days |
| Avg. Wait for Unit Availability | 208 Days | 31 Days | 190 Days | 698 Days | 515 Days |
| Ratio of Units in Building | 9% | 69% | 12% | 8% | 4% |
Market Inventory
Total number of units listed and sold in St. Lawrence
