2201 - 318 Richmond Street W

Introducing an exceptional opportunity to own an apartment for sale in Toronto , specifically at the prestigious Picasso Condos, located at 318 Richmond Street W, Toronto. This remarkable 1-bedroom plus den corner suite is situated in the heart of Toronto's vibrant Entertainment District, making it an ideal residence for those seeking both comfort and convenience. The building, constructed from durable concrete, showcases a modern architectural style that is both inviting and sophisticated.

This apartment for sale in Toronto features one of the most sought-after layouts within the building, offering an expansive living area measuring approximately 19 feet by 14.5 feet. The freshly painted interiors create a welcoming atmosphere, while the high 9-foot ceilings and floor-to-ceiling windows ensure that the space is flooded with natural light. From your open balcony, you can enjoy unobstructed skyline views, as well as spectacular sunsets and stunning night-time cityscapes that truly enhance the living experience.

The large primary bedroom is designed for comfort and functionality, boasting a spacious walk-in closet that provides ample storage space. Additionally, the den serves as a versatile area that can easily be transformed into a home office or a charming dining space, catering to your lifestyle needs. The flat kitchen is a chef’s delight, equipped with integrated stainless steel appliances, sleek cabinetry, and modern finishes that elevate the cooking experience.

As you explore the amenities available with this apartment for sale in Toronto, you will find that luxury is at the forefront. The building offers a 24-hour concierge service, ensuring that residents receive top-notch assistance at any time. For those who enjoy entertaining, the guest suites and party room with a serving pantry are perfect for hosting gatherings. The rooftop terrace, complete with a BBQ area, fireplace, and hot tub, provides a serene escape amidst the bustling city, while the sports lounge, yoga/pilates studio, billiards room, and fully equipped gym cater to various leisure activities.

Despite the numerous amenities, it is important to note that this apartment does not include a pool, fireplace, or central vacuum system. Additionally, there is no garage space or parking available with this unit. However, the advantages of living at 318 Richmond Street W, Toronto, far outweigh these limitations. The property is situated in the Waterfront Communities C1 area, which boasts a remarkable 100 Walk Score. This means that you are just steps away from an array of top dining options, a Cineplex for movie enthusiasts, vibrant nightlife, shops, and libraries, all easily accessible via the TTC.

The apartment for sale in Toronto is unfurnished, allowing you the freedom to design and personalise your living space according to your tastes and preferences. With a forced air heating system and central air conditioning, comfort is guaranteed throughout the year. The building is relatively new, with an age range of 6 to 10 years, ensuring modern standards and amenities.

In summary, this apartment for sale in Toronto at 318 Richmond Street W, Toronto, presents a unique opportunity to live in one of the city's most desirable locations. With its functional layout, stunning views, and luxurious amenities, it is the perfect home for anyone looking to embrace the dynamic lifestyle that Toronto has to offer. Don't miss out on this chance to make this exquisite condo your own and experience all that the Entertainment District has to offer.

Waterfront Communities C1, nestled along the picturesque shores of Lake Ontario in Toronto, offers a vibrant blend of urban living and natural beauty. This dynamic area boasts a stunning waterfront promenade, lush parks, and a variety of recreational activities, making it an ideal haven for outdoor enthusiasts. Residents enjoy easy access to a plethora of cultural attractions, including art galleries, theatres, and diverse dining options, all within a short stroll. The neighbourhood is well-connected by public transport, ensuring convenient access to the bustling heart of the city while providing a serene escape from the urban hustle. With its modern condominiums and stunning views of the lake and skyline, Waterfront Communities C1 is a desirable destination for those seeking a lively yet tranquil lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest school is Ogden Junior Public School, just 0.3 km away, offering grades JK to 6 with a solid school rating of 7.6. Another nearby option is Beverley School, located 0.8 km away, which serves grades JK to 8, although it currently has no rating. For older students, Kapapamahchakwew - Wandering Spirit School is 1.2 km away and caters to grades 9 to 12. Ryerson Community School, 0.9 km from the property, offers French language instruction for grades JK to 8 but has a lower rating of 3.8. St. Mary Catholic School, 1.1 km away, provides education from JK to 8 in both English and French, with a rating of 5.7. For high school students, St. Joseph's College School is located 1.7 km away and has a commendable rating of 7.6. Overall, the area boasts a mix of public and Catholic schools, offering a range of educational opportunities for children of all ages, enhancing the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 5,092 residents, characterized by an average household size of 1.5. The demographic profile reveals a youthful community with an average age of 31.2 years. The average household income stands at a robust $102,800, although 13.8% of the population lives in low-income situations. The real estate market reflects a significant demand, with an average property price of $756,000. The community is predominantly single, comprising 64.71% of the population, and households with children represent 15.73%. A notable 43.14% of residents are immigrants, contributing to the area's cultural diversity. Renters dominate the housing landscape, making up 65.92% of the population, with condos being the prevalent type of housing at 99.01%. The educational attainment is high, with 88.7% of residents holding a college or university degree, while 10.59% are not in the labor force. This demographic snapshot indicates a vibrant, educated, and diverse community, making it an appealing location for potential buyers and investors alike.