1403 - 255 Richmond Street E

Discover the epitome of urban living with this exceptional apartment for sale in Toronto , located at 255 Richmond Street E, Toronto. This bright and inviting 1-bedroom, 1-bathroom loft at Space Lofts offers an impressive 630 square feet of meticulously renovated living space. As you step inside, you will immediately appreciate the premium layout, which is one of the larger 1-bedroom floor plans available in the building, making this apartment for sale in Toronto a truly rare find.

The property features a contemporary open-concept design, enhanced by new flooring that guides you through the living space. The main kitchen is a chef’s delight, fully renovated with stylish new countertops, cabinetry, and top-of-the-line stainless steel appliances. The peninsula, complete with breakfast bar seating, provides the perfect spot for casual dining or entertaining guests. The living area is thoughtfully designed with custom built-in shelving and media storage, ensuring that both functionality and aesthetics are seamlessly integrated. A walkout leads to an oversized balcony that bathes the interior in natural light, making it an ideal setting for enjoying your morning coffee or watching the sunset in the evenings.

The bedroom is equally impressive, boasting a large window that allows for plenty of natural light, along with a generous walk-in closet. There is ample space for a king-sized bed, side tables, and a dresser, ensuring that comfort and style are paramount. The upgraded 5-piece bathroom is a standout feature, offering both a bathtub and a separate stand-up shower. This rare combination provides an enviable blend of space, storage, and functionality that is often hard to find in a downtown one-bedroom apartment for sale in Toronto.

Maintenance fees for this condo cover all utilities, with the exception of cable and internet. Residents are fortunate to enjoy ultra-fast internet through Beanfield Fibre and FibreStream, making it an ideal choice for those who work from home or simply enjoy streaming their favourite shows. The building boasts a wealth of amenities, including a 24-hour concierge service, on-site security, a well-equipped gym, a sauna, party and meeting rooms, guest suites, and ample visitor parking.

Located in the vibrant community of Moss Park, this apartment for sale in Toronto places you at the heart of the city’s dynamic lifestyle. You will find yourself just steps away from an array of dining options along King Street, the bustling St. Lawrence Market, and the historic Distillery District. Additionally, George Brown College is within easy reach, making this location perfect for students or professionals alike. The convenience of public transport via the TTC further enhances the appeal of this remarkable property.

In summary, this apartment for sale in Toronto at 255 Richmond Street E, Toronto, offers an unparalleled living experience in a prime downtown location. With its spacious layout, modern finishes, and extensive amenities, this property is a true gem. Whether you are a first-time buyer or looking to invest in a lucrative rental property, this loft is sure to impress. Don’t miss the opportunity to own a piece of downtown living where space, style, and walkability converge seamlessly.

Moss Park is a vibrant and diverse neighbourhood located in the heart of Toronto, known for its rich history and urban charm. Nestled just east of the downtown core, the area features a mix of residential buildings, parks, and cultural amenities, making it an appealing choice for those seeking a dynamic urban lifestyle. The park itself, from which the community derives its name, offers green space for relaxation and recreation amidst the bustling city. Moss Park is well-connected by public transport, providing easy access to the broader Toronto area, while its eclectic mix of shops, cafes, and community services fosters a lively atmosphere. Whether you're drawn to its historical significance or the convenience of city living, Moss Park presents a unique opportunity for prospective residents.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs. Within a short distance of just 0.6 km, you will find Market Lane Junior and Senior Public School, which offers grades JK to 8 and has a respectable rating of 3.7. Additionally, St. Michael Catholic School, also 0.6 km away, provides elementary education (JK to 8) with a higher rating of 7.1, making it an excellent choice for families seeking quality Catholic education. For older students, Kapapamahchakwew - Wandering Spirit School is located 0.9 km away, offering grades 9 to 12, although it currently has a lower rating of 0. Ryerson Community School, 2.6 km away, provides French language instruction for grades JK to 8 and has a rating of 3.8. For high school education, St. Joseph's College School (2.0 km away) and St. Mary Catholic School (2.9 km away) offer grades 9 to 12 and JK to 4, respectively, with ratings of 7.6 and 5.7. This variety of nearby schools provides excellent options for families with children of all ages, ensuring quality education within close proximity.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small yet vibrant community with a population of 2,973 residents as of 2021. The average household size is 1.5, indicating a predominance of individuals or small families, with 53.45% of the population being single. The average age of residents is 38.1 years, reflecting a relatively young demographic. The average household income stands at a robust $136,400, with a low-income rate of 9.7%. Housing prices are significant, with an average price of $754,000, and a notable 90.29% of homes are condominiums, catering to the area's preference for this type of housing. Additionally, 40.29% of residents are renters, suggesting a dynamic rental market. The community is diverse, with 31.56% of residents being immigrants, and a high educational attainment level, as 90.24% hold a college or university degree. Families with children represent 13.64% of households, while 10.36% of the population is not in the labor force. Overall, this area offers a blend of affordability, education, and diversity, making it an attractive location for potential homeowners and renters alike.