318 Richmond Street, Unit 1408, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $639,000 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 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, Built-In Oven
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A Must See In Person! Live In A Exquisite Picture-Perfect Suite At The Iconic Picasso Building. A Rare 671 Square Feet + Balcony Suite With Lots Of Great Natural Light Beaming Through The Large Floor-To-Ceiling Windows Right Into The Suite Creating An Inviting Atmosphere That's Both Functional And Stylish. Very Efficiently Laid Out 1+1 Bedroom With Den & Full Bath. Has Great Separation Between Living Room & Bedroom & Den. Big Open Concept Living-Dining Area. The Suite Features A Modern Open Concept Cornered Kitchen. Includes A Den That's Ideal For A Home Office. Walkout To A Spacious Balcony With Privacy And A View Of The CN Tower. An Open Spacious Entry Foyer Efficiently Separated From The Rest Of The Suite. Convenient Access To Your Personally Owned Private Underground Garage Parking Spot. The Suites Maintenance Fees Include Water, Heat, AC And Is Only 0.89 Per Foot. This Suite Has Been Cared For And Strategically Upgraded Overtime And Is Move In Ready. Ready To Create Memories. This Suite Checks All Of Your Wishlist Boxes. The Picasso Building Is Ideally Situated In The Heart Of Downtown West, Has Great Amenities With Massive State-Of-The-art Fitness Centre, Party Room, Recreation Lounge, Rooftop Terrace & 24/7 Concierge With Everyday Essentials Available Across The Street Such As 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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Property Summary
This condo apartment located at 318 Richmond Street, Toronto is currently for sale and has been available on SousaSells for 23 days. This property is listed at $639,000 with an estimated mortgage of $2,127* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 318 Richmond Street, Toronto is in the Waterfront Communities C1 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterfront Communities C1, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •600-699 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Auto Garage Door Remote
- Carpet Free
- Built-In Oven
- Countertop Range
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 2-bedroom condo apartment at 318 Richmond Street, Unit 1408, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $2,127*/month*. Estimated Ontario Land Transfer Tax: $18,510. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 318 Richmond Street, Unit 1408, Toronto, ON
Q.What is the asking price for 318 Richmond Street, Unit 1408, Toronto, ON ?
The current listing price for 318 Richmond Street, Unit 1408, Toronto, ON in Waterfront Communities C1, Toronto is $639,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.
Q.What property type and architectural style is 318 Richmond Street, Unit 1408, Toronto, ON ?
318 Richmond Street, Unit 1408, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Carpet Free, Built-In Oven, Countertop Range, Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Waterfront Communities C1, Toronto
161 assaults (45.0/100k)
43 B&E (40.0/100k)
60 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 318 Richmond Street W 1408, Toronto, ON M5V 1X2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $639,000 in Toronto, the legal minimum down payment is $38,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,255 also applies, bringing the total estimated land transfer taxes to $18,510.
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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.
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