3216 - 25 Richmond Street E

Welcome to the exceptional condo for sale in Toronto , situated at 25 Richmond Street E, Toronto. This spacious and thoughtfully designed residence boasts 2 bedrooms and 2 bathrooms, offering an impressive 871 square feet of interior living space, complemented by a generous 169 square feet balcony—an increasingly rare find in the bustling downtown core. This condo for sale in Toronto is perfect for those seeking both comfort and convenience in the heart of the city.

As you enter this modern apartment, you will immediately notice the impressive 9-foot ceilings and expansive windows that flood the space with natural light, providing stunning views of the vibrant cityscape. The layout of the condo is designed to maximise both space and functionality, featuring a split-bedroom configuration that offers flexibility for investors or buyers planning for future occupancy. This makes the condo for sale in Toronto an ideal choice for a variety of lifestyles.

The heart of the home is undoubtedly the modern kitchen, which is equipped with elegant quartz countertops and ample storage, making it a delight for anyone who enjoys cooking or entertaining. With a total of 5 rooms, including the two well-appointed bedrooms and two bathrooms, this condo provides ample space for relaxation and privacy. The absence of a den and family room allows for a more open and airy feel throughout the living areas, enhancing the overall sense of space.

One of the standout features of this property is the oversized balcony, which serves as an extension of your living space. Step outside to enjoy the fresh air and panoramic views high above the city, making it the perfect spot for morning coffee or evening relaxation. Although there is no pool or fireplace, the building compensates with its excellent amenities, including a rooftop deck that offers an ideal setting for social gatherings or quiet moments of reflection.

Located in the Church-Yonge Corridor community, this condo for sale in Toronto is within a secure and well-managed building, ensuring peace of mind for residents. The property benefits from unbeatable access to transit, making commuting a breeze, and is just a stone's throw away from the Financial District and a wealth of downtown conveniences. Whether you are looking to explore the local dining scene, cultural attractions, or shopping destinations, everything you need is within easy reach.

Currently, the unit is tenanted with cooperative, market-rent tenants, presenting an ideal opportunity for investors or purchasers seeking future use. With the property being relatively new, aged between 0-5 years, it offers modern finishes and contemporary living without the concerns that come with older properties. The absence of a central vacuum system, additional land, or garage space may be noted, but the underground garage type ensures secure parking for residents.

In summary, this condo for sale in Toronto at 25 Richmond Street E, Toronto, presents an outstanding opportunity for those looking to invest in a vibrant urban lifestyle. With its spacious layout, modern amenities, and prime location, it truly embodies the essence of city living. Whether you are an investor or a future occupant, this property is poised to deliver long-term value and satisfaction. Don’t miss your chance to own this remarkable condo for sale in Toronto, where comfort and convenience meet in the heart of the city.

The Church-Yonge Corridor is a vibrant and dynamic neighbourhood in the heart of Toronto, characterised by its bustling urban atmosphere and diverse offerings. This area is defined by its iconic Church Street and Yonge Street intersections, which serve as major thoroughfares lined with an array of shops, restaurants, and cultural venues. Residents enjoy the convenience of excellent public transport links, making it easy to explore the rest of the city. The Corridor is also known for its lively nightlife, with numerous bars and entertainment options, as well as a rich tapestry of community events that celebrate its multicultural essence. With a mix of modern high-rise condominiums and historic buildings, the Church-Yonge Corridor presents an appealing blend of urban living and accessibility, making it an attractive option for those seeking an energetic city lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, providing excellent educational options for families. The Downtown Alternative School, just 0.7 km away, offers a public education for grades JK to 8 and boasts a commendable rating of 8.4. Nearby, the Kapapamahchakwew - Wandering Spirit School, located 0.6 km from the property, serves grades 9 to 12 but currently has a rating of 0. For younger students, the St. Michael Catholic School is 0.8 km away, providing a strong elementary education with a rating of 7.1. Additionally, St. Joseph's College School, 1.7 km away, offers a Catholic education for grades 9 to 12 and has a solid rating of 7.6. For families interested in French-language education, Ryerson Community School (2.0 km away) serves grades JK to 8 but has a lower rating of 3.8, while St. Mary Catholic School (2.3 km away) caters to grades JK to 4 with a rating of 5.7. Overall, this area provides a diverse range of educational institutions, catering to various needs and preferences, making it an attractive choice for families.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,212 residents, characterized by an average household size of 1.6 individuals. The community has a relatively young demographic, with an average age of 38.2 years. The average household income stands at $106,000, although 14.6% of the population is classified as low-income. The housing market reflects a median price of $775,000, with a significant portion of the population (58.27%) being renters. Condominiums dominate the housing landscape, comprising 86.33% of residences. Socially, the area has a diverse population, with 47.17% of residents being immigrants. Additionally, 55.95% of the population is single, and only 18.18% of households include children. Education levels are high, with 79.31% of residents holding a college or university degree. However, there is a notable percentage (22.17%) of individuals not participating in the labor force. This demographic profile suggests a vibrant, educated community with a mix of renters and homeowners, and a significant number of young professionals and immigrants contributing to the area's cultural fabric.