388 Richmond Street, Toronto C01, ON

$950,000
MLS#:C12168530
2 beds
1 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Loft"] condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $950,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 800-899 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient heat pump heating via electric

Bold design meets urban comfort in this bright and modern 2-bedroom loft in the award-winning District Lofts, located in the heart of Toronto's Entertainment District. Spanning two floors, this turn-key loft offers unobstructed north-facing views of Queen St, soaring 10-ft concrete ceilings, and a dramatic open-riser staircase that fills the space with light and character. Renovated designer kitchen, featuring Calacatta quartz countertops, waterfall backsplash, stainless steel appliances, and floor-to-ceiling cabinetry for a sleek, streamlined look with maximized storage. The open-concept layout flows effortlessly into the living and dining areas and out to an oversized private balcony, perfect for BBQs and dining al fresco. Upstairs, enjoy a large primary bedroom with Juliette balcony, second bedroom perfect for home office or guests, new flooring, a completely updated 4-piece bathroom, and the ease of ensuite laundry. One owned underground parking spot included. Located at Richmond & Spadina, steps from Queen West, The Well, AGO, top restaurants, shops, green spaces, and more. Walk Score of 100, with easy access to Queen, Spadina, and King streetcars and the new Ontario Line subway. Building amenities include a recently updated fitness centre, party room, and conciergeservice.Extras3 large wardrobes, one with mirrored doors, window coverings for both bedrooms and downstairs living room. AirBnB and short term rentals not permitted. Strong property management and condo board.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 4, 2025
Sold price information is available to members only
Listed Date5/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionConcrete
CountyToronto
Annual Tax$3,340.4

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
Cooling["Central Air"]

Features

Property Features

Arts Centre, Clear View, Park, Public Transit, Rec./Commun.Centre

Community Features

Location

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388 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$631,755

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 388 Richmond Street W 919, Toronto C01, ON M5V 3P1

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$760,000
Monthly Mortgage$4,416
Property Tax (Est.)$278
Utilities & Maint.$350
Total Monthly Cost$5,044

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.