Maintenance Fees
The Richmond vs The St. Lawrence Area
555 - 313 Richmond St E
$559,0001 bd1 ba0 pk648 sqft
For SaleThe Richmond
5.0
6 Days on Strata
$559,000
1 Bed + 1
1 Bath
0 Parking
648 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$513/mth
Taxes:
$2,368 (2024)
Cost Per Sqft:
$863/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
North
Possession Date:
May 5, 2025
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
A True Investment In Comfort, Style And Location - The Richmond - One Of Toronto's Beloved Buildings Is Not Only Located In A Vibrant Part Of The City But Offers Great Amenities And Attractive Maintenance Fees. The Layout Is Spacious For Work, Relaxing And Entertaining! These Units Do Not Come Up Often And For Good Reason. Full sized appliances, a well built building and great storage, don't miss it!
ExtrasFridge, Stove, B/I Dishwasher, Washer/Dryer, All ELFs, All custom window coverings.
chestnut park real estate limitedMLS® #C12060039
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
No Data
Heating
Forced Air
Room Dimensions
Living
hardwood floor, Walkout To Balcony, Combined with Dining
66.31 x 32.19ft
Dining
hardwood floor, Combined with Living
66.31 x 32.19ft
Kitchen
Tile Floor, Stainless Steel Appliances, Eat-In Kitchen
33.79 x 25.76ft
Primary
hardwood floor, Double Closet, California Shutters
29.66 x 45.61ft
Den
hardwood floor, Open Concept
27.4 x 21.69ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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10/10
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7/10
Bikeability
The bike lane starts to feel like a second home.
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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
