318 Richmond Street, Toronto C01, ON

$339,000
MLS#:C12771246
0 beds
1 baths
0-499 sqft
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $339,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to urban living at its finest in the heart of Toronto's coveted Queen West / Entertainment District! This exceptionally well-maintained studio suite at 318 Richmond St W #902 offers bright, open-concept living with laminate flooring throughout and large windows that flood the space with natural light - creating an inviting atmosphere that's both functional and stylish. Enjoy your good-sized private balcony, perfect for morning coffee or evening relaxation with views of the city skyline. Includes a convenient same-floor locker located just steps from the suite, offering easy and secure additional storage. This versatile layout maximizes every square foot and presents an ideal opportunity for first-time buyers, investors, or city dwellers looking for a low-maintenance home in one of Downtown Toronto's most dynamic locations. Fantastic building amenities and services provide added value and convenience right at your doorstep. Ideally located, this address places you steps from world-class dining, cafes, shops, galleries, and nightlife, with Nord Lyon and Starbucks nearby and everyday essentials available across the street at No Frills and Independent City Market. Excellent transit access, including TTC streetcars and subway connections, makes commuting a breeze, while easy access to the Gardiner Expressway keeps all parts of the city within reach. Live where entertainment, culture, and convenience come together!

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Key Features

0
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 26, 2026
Sold price information is available to members only
Listed Date2/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyToronto
Annual Tax$2,104

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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318 Richmond Street, Toronto C01, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Waterfront Communities C1, Toronto C01.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$631,956

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
Niagara Street
PublicNiagara Street, Toronto, Ontario, M5V 2P7
8.1

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 318 Richmond Street W 902, Toronto C01, ON M5V 0B4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$271,200
Monthly Mortgage$1,576
Property Tax (Est.)$175
Utilities & Maint.$350
Total Monthly Cost$2,101

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.