Maintenance Fees
The Richmond vs The St. Lawrence Area
1453 - 313 Richmond St E
$525,0001 bd1 ba0 pk600 - 699 sqft
For SaleThe Richmond
5.0
70 Days on Strata
$525,000
1 Bed + 1
1 Bath
0 Parking
600 - 699 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$478/mth
Taxes:
$2,146 (2024)
Cost Per Sqft:
$751 - $875/sqft
Outdoor Space:
Juliet Balcony
Locker:
None
Exposure:
North
Possession Date:
60 days / TBA
Laundry:
Main
Amenities
Visitor Parking
Party Room
Concierge
Rooftop Deck
Business Centre
Indoor Parking
Sauna
Bike Storage
Games Room
BBQs Allowed
Gym
About this Listing
Beautiful move in ready 1 bedroom + den sub-penthouse at The Richmond. Quality Tridel built, this is a popular downtown value condo. The den makes for an ideal work from home space or small bedroom. Located in the vibrant King East area just steps to the Downtown Core, St Lawrence Market, Distillery District, and all amenities including TTC. You'll love the efficient functional open concept lay-out and kitchen with stainless appliances. Affordable and inclusive maintenance fee. Amazing building facilities includes 24 hour concierge / gym / billiards / sauna/ rooftop garden with BBQ / party room. Rental parking is available at approx. $150 / month plus Green P for visitors. Easy access to DVP and Gardiner Expressway. This is a well managed building with onsite management. **EXTRAS** MLS measurements may vary slightly from floor plan provided.
ExtrasStainless steel: fridge, stove, microwave, dishwasher. Stacking washer / dryer, electric light fixture, window coverings
re/max hallmark realty ltd.MLS® #C11946531
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
Fan Coil
Room Dimensions
Living
Combined with Dining, Juliette Balcony
16.34 x 9.09ft
Dining
Combined with Living
16.34 x 9.09ft
Kitchen
Granite Counter, Breakfast Bar
10.24 x 7.74ft
Bedroom
Walk-in Closet
12.93 x 8.76ft
Den
Closet
7.51 x 7.35ft
Buyer's Market
Balanced
Seller's Market
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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 The Richmond
Days on Strata
Units at The Richmond spend an average of
22
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos 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
4.3
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
42nd
Highest price per SQFT out of 71 condos in the St. Lawrence area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
31
Units were Rented over the past twelve months
Best Value Rank
The Richmond offers the best value out of 71 condos in the St. Lawrence neighbourhood
?
Appreciation Rank
The Richmond has the highest ROI out of 71 condos in the St. Lawrence neighbourhood
?
Rental Yield
The Richmond yields the highest rent prices out of 71 condos in the St. Lawrence neighbourhood
?
High Demand
The Richmond is the most popular building out of 71 condos in the St. Lawrence neighbourhood
?
Market Insights
Transaction Insights at The Richmond
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | $350,000 | $465,000 - $520,000 | $503,900 - $672,500 | $729,000 | $835,000 | No Data |
| Avg. Cost Per Sqft | $913 | $816 | $914 | $922 | $945 | No Data |
| Price Range | $1,850 - $2,100 | $2,050 - $2,450 | $2,150 - $2,600 | $2,900 - $3,300 | $3,000 - $3,250 | $3,950 |
| Avg. Wait for Unit Availability | 277 Days | 62 Days | 45 Days | 86 Days | 274 Days | 1327 Days |
| Avg. Wait for Unit Availability | 219 Days | 47 Days | 25 Days | 80 Days | 178 Days | 361 Days |
| Ratio of Units in Building | 5% | 25% | 45% | 19% | 9% | 1% |
Market Inventory
Total number of units listed and sold in St. Lawrence
