Maintenance Fees
The Morgan vs The Queen West Area
1108 - 438 Richmond St W
$530,000Studio1 ba1 pk443 sqft
For SaleThe Morgan
5.0
72 Days on Strata
$530,000
Price Cut: $578,000
Price Cut: $578,000
Studio
1 Bath
1 Parking
443 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$466/mth
Taxes:
$2,210 (2024)
Cost Per Sqft:
$1,196/sqft
Outdoor Space:
None
Locker:
Owned
Exposure:
North West
Possession Date:
Immediately
Laundry:
Ensuite
Amenities
Bike Storage
Media Room
BBQs Allowed
Rooftop Deck
Security System
Sauna
Rec Room
Gym Room
Visitor Parking
Indoor Parking
Party Room
Concierge
About this Listing
Dream home in downtown! The Largest Studio & The Only One W/Parking!! Perched On The Highest Level For This Unit! Open Sunset Views Thru Lofty Warehouse Style Window. Enjoy The Sought-After Morgan Lifestyle. 24/7 Concierge, Gym, Roof-Top Terrace W/Bbqs, Residents Lounge, 3-High Speed Elevators! Amazing Transit Options Incl New King Priority Route! **EXTRAS** Short Walk To The Core, Shops, Restos & Clubs On King & Queen West! Bike Lane Right Out Front! Bed frame Plus 3 Lockers
ExtrasBed frame + 3 Lockers +1 parking
exp realtyMLS® #C11940394
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Living
Open Concept, Large Window, Nw View
19.19 x 10.5ft
Kitchen
Breakfast Bar, Stainless Steel Appliances
10.99 x 7.02ft
Bathroom
Updated, Slate Flooring
5.25 x 3.94ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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10/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
18,483
Average Individual Income
$71,628
Average Household Size
3 persons
Average Age
42
Average Household Income
$108,396
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
43%
Semi Detached
25%
Detached
24%
Low Rise Apartment
3%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
72%
Mandarin
13%
Cantonese
9%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
12%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
5%
Education
5%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At The Morgan
Days on Strata
Units at The Morgan spend an average of
27
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
10%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Queen West
Turnover of Units
On average, each unit is owned for
6
YEARS before being sold againProperty Value
3%
Increase in property value within the past twelve months
Price Ranking
21st
Highest price per SQFT out of 52 condos in the Queen West area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
15
Units were Rented over the past twelve months
Best Value Rank
The Morgan offers the best value out of 52 condos in the Queen West neighbourhood
?
Appreciation Rank
The Morgan has the highest ROI out of 52 condos in the Queen West neighbourhood
?
Rental Yield
The Morgan yields the highest rent prices out of 52 condos in the Queen West neighbourhood
?
High Demand
The Morgan is the most popular building out of 52 condos in the Queen West neighbourhood
?
Market Insights
Transaction Insights at The Morgan
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $470,000 | $566,000 - $619,000 | $662,000 | No Data | $930,000 | $5,550,000 | No Data |
| Avg. Cost Per Sqft | $1,070 | $855 | $991 | No Data | $1,031 | $1,125 | No Data |
| Price Range | No Data | $2,350 - $2,550 | $2,500 - $2,900 | $2,500 - $3,500 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 295 Days | 105 Days | 139 Days | 100 Days | 777 Days | No Data | No Data |
| Avg. Wait for Unit Availability | 194 Days | 69 Days | 96 Days | 99 Days | No Data | No Data | No Data |
| Ratio of Units in Building | 10% | 33% | 24% | 30% | 3% | 1% | 2% |
Market Inventory
Total number of units listed and sold in Queen West
