1509 - 318 Richmond Street W

If you’re on the lookout for a stunning condo for sale in Toronto , then look no further than this fabulous offering at 318 Richmond Street W, Toronto. This modern suite features two spacious bedrooms and two bathrooms, making it an ideal choice for those seeking comfort and style in the heart of the city. The seller is open to considering offers on September 26, 2025, at 6:00 p.m., but do keep in mind that they reserve the right to consider offers prior to this date. So, don’t wait too long to seize this opportunity!

Nestled within the vibrant Waterfront Communities C1 area, this condo apartment at 318 Richmond Street W, Toronto, boasts a sleek concrete exterior that exudes contemporary charm. As you step inside, you’ll be greeted by a beautifully bright corner unit that features an excellent layout, including a split bedroom design that offers both privacy and convenience. The nine-foot ceilings and floor-to-ceiling windows allow an abundance of natural light to flood the space, creating a warm and inviting atmosphere throughout.

This condo for sale in Toronto is not just about aesthetics; it’s also about functionality. With a total of six rooms, including a den that can be used as a home office or additional living space, you’ll have plenty of room to make this your own. The flat kitchen is perfect for whipping up your favourite meals, and although there’s no additional kitchen or family room, the open-plan layout ensures that you’ll have a seamless flow between spaces.

One of the standout features of this property is the inclusion of one underground parking space, which is a rare find in such a central location. While there is no pool or fireplace, the building compensates with a fantastic array of amenities. Residents can enjoy access to a party floor complete with BBQ facilities, cabanas, and an outdoor jacuzzi, perfect for relaxing after a long day. Additionally, the 24-hour concierge service adds an extra layer of convenience and security to your living experience.

For those who rely on the internet, you’ll be pleased to know that this condo is equipped with internet access, making it easy to stay connected. However, it’s worth noting that the property does not have air conditioning, central vacuum, or any additional land. The heating is provided through a forced air system, ensuring that you’ll stay warm during those chilly Toronto winters.

The location of this condo for sale in Toronto is simply unbeatable. Situated just steps away from universities, hospitals, and the bustling city hall, you’ll find yourself in the midst of a thriving community. The proximity to a variety of restaurants and the fashionable district means that you’ll always have something to do, whether it’s dining out or indulging in some retail therapy. The convenience of public transport via the TTC is also a significant advantage, making commuting a breeze.

In summary, if you’re searching for a modern, move-in ready condo for sale in Toronto, this property at 318 Richmond Street W, Toronto, is definitely worth considering. With its two bedrooms, den, and two bathrooms, along with fantastic amenities and a prime location, it offers everything you need for a comfortable urban lifestyle. Don’t miss your chance to make this beautiful space your own; the seller is open to offers, so act quickly! Whether you’re a first-time buyer or looking to invest, this condo is a gem in the heart of Toronto.

Waterfront Communities C1 is a vibrant and dynamic area located along the shores of Lake Ontario in Toronto, offering a unique blend of urban living and natural beauty. This neighbourhood is characterised by its stunning waterfront parks, bustling promenades, and a diverse array of cultural attractions, including galleries, theatres, and restaurants. Residents enjoy easy access to public transport, making it convenient to explore the rest of the city, while the scenic views and recreational opportunities along the waterfront provide a refreshing escape from the urban hustle. With its modern condominiums and proximity to the financial district, Waterfront Communities C1 is an ideal locale for those seeking a lively, cosmopolitan lifestyle amidst the tranquil backdrop of the lake.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Ogden Junior Public School, just 0.3 km away, offering elementary education from Junior Kindergarten to Grade 6, with a commendable school rating of 7.6. Additionally, Beverley School and Ryerson Community School are within 0.8 km and 0.9 km, respectively, with grades ranging from JK to 8, although their ratings are lower, at 0 and 3.8. For secondary education, Kapapamahchakwew - Wandering Spirit School is located 1.2 km away, serving Grades 9 to 12. St. Mary Catholic School, situated 1.1 km from the property, offers both English and French instruction for JK to 8, with a rating of 5.7. For older students, St. Joseph's College School is 1.7 km away, providing education from Grades 9 to 12 and boasting a strong rating of 7.6. Overall, the area offers a mix of public and Catholic schools, catering to various educational needs and preferences, ensuring quality education is easily accessible for residents.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 5,092 residents, characterized by an average household size of 1.5. The demographic is relatively young, with an average age of 31.2 years. The community exhibits a robust economic profile, with an average household income of $102,800, although 13.8% of the population falls under the low-income category. The real estate market reflects a median price of $756,000, with a significant proportion of residents (64.71%) identifying as single. Families with children make up 15.73% of households, while a notable 43.14% of the population consists of immigrants, contributing to the area's diversity. Renters dominate the housing landscape, comprising 65.92% of the population, and the vast majority of residences are condominiums, at 99.01%. Education levels are high, with 88.7% of residents holding a college or university degree. Additionally, 10.59% of the population is not in the labor force, indicating a mix of employment statuses within the community. Overall, this area presents a vibrant, youthful, and educated demographic, making it an appealing location for potential homeowners and investors alike.