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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C1
  • 318 Richmond Street W
318-richmond-street-w-toronto-ontario-c12503494
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  • Sold Sold in Dec 2025
  • Condo Apt

1512 - 318 Richmond Street W

Toronto, Waterfront Communities C1
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 770,000
8.32%
Listed Price: $ 839,900
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Key Facts About 1512 - 318 Richmond Street W, Toronto

  • Tax $4,736 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $829.66
  • Size 900 - 999 feet²
  • Listing # C12503494
  • Data Source PROPTX
  • Days on Market 32
  • Listed On 03/11/2025
  • Updated On 15/12/2025
  • Market Demand
    the canadian homethe canadian home

Description

Picture-perfect 929 sq ft corner suite at Picasso. A rare oasis of tranquility downtown. Protected panoramic views and great natural light everywhere. Very neatly laid out 2 Bed + 2 Full Bath + Den with great separation between living area and bedrooms. Big open concept living-dining area, a carte blanche to furnish to your style. Includes a den that's ideal as either a home office or reading nook. Walkout to a spacious balcony with privacy. Generous storage featuring walk-in closets in both (!) bedrooms. Proper entry foyer with big coat closet

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Property Details of 1512 - 318 Richmond Street W, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Waterfront Communities C1
  • Municipality Toronto

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 4pc
  • Bathroom Details 1, 3pc
  • Kitchen 1
  • Rooms 6
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 900 - 999 feet²
  • Architecture Style Apartment
  • Exterior Feature Other

Parking

  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Cross Street Richmond & John

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 3,697

Rental Yield

4.44%

School Score

7.6/10

Rental Score

5/5

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,399

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $830
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1512 - 318 Richmond Street W, Toronto

Introducing an exceptional opportunity to acquire an apartment for sale in Toronto , located at 318 Richmond Street W, Toronto. This stunning corner suite at Picasso boasts an impressive 929 square feet of living space, offering a rare oasis of tranquillity in the bustling downtown area. With protected panoramic views and an abundance of natural light, this apartment is designed to enhance your living experience.

The layout of this apartment for sale in Toronto is both practical and inviting, featuring two well-proportioned bedrooms and two full bathrooms. The absence of a den in this particular suite allows for a more spacious living area, which is ideal for those who appreciate an open concept design. The big open-plan living and dining area provides a blank canvas for you to furnish according to your personal style, making it the perfect space for entertaining guests or simply enjoying a quiet evening at home.

As you enter the apartment at 318 Richmond Street W, Toronto, you will be greeted by a proper entry foyer that includes a generous coat closet, ensuring that you will never have to trip over shoes again. The thoughtful design continues with the inclusion of walk-in closets in both bedrooms, providing ample storage space for all your belongings. This apartment for sale in Toronto truly checks all the boxes for those seeking comfort and functionality.

The kitchen, while singular, is well-equipped for all your culinary needs, allowing you to prepare meals with ease. Although there is no additional kitchen, the layout is conducive to a seamless flow between the cooking and living areas. The central air conditioning ensures that you remain comfortable throughout the year, while the forced air heating system provides warmth during the colder months.

One of the highlights of this apartment for sale in Toronto is the spacious balcony that offers a private retreat for relaxation. Whether you wish to enjoy your morning coffee or unwind after a long day, this outdoor space provides the perfect setting. Unfortunately, there is no pool or fireplace in this unit, but the extensive building amenities more than compensate for these features. Residents can take advantage of a massive workout room and a rooftop terrace, which are ideal for maintaining an active lifestyle and enjoying the stunning views of the city.

Located in the vibrant community of Waterfront Communities C1, the apartment at 318 Richmond Street W, Toronto, is ideally situated in the heart of downtown west. This prime location means you will have easy access to a plethora of shops, restaurants, and cultural attractions, making it an ideal choice for urban living. The building is unfurnished, allowing you the freedom to create a space that reflects your unique taste and style.

Parking is made convenient with one underground garage space included with the apartment for sale in Toronto, ensuring that you have a secure place for your vehicle. However, it is worth noting that there is no additional land or parking space available. The building does not feature a central vacuum system, but the absence of a basement and additional rooms means that maintenance is kept to a minimum.

In summary, this apartment for sale in Toronto at 318 Richmond Street W, Toronto, offers a harmonious blend of comfort, style, and convenience. With its well-designed layout, generous storage options, and prime location, this property is an ideal choice for those looking to embrace the vibrant downtown lifestyle. Extensively upgraded and freshly painted, this apartment is ready for you to move in and make it your own. Don’t miss out on this fantastic opportunity to own a piece of Toronto’s thriving real estate market.

Waterfront Communities C1 is a vibrant and dynamic area in Toronto, situated along the picturesque shores of Lake Ontario. This neighbourhood boasts a stunning blend of modern high-rise condominiums, lush parks, and waterfront promenades, making it an ideal locale for those who appreciate urban living with a touch of nature. With easy access to cultural attractions, dining, and recreational activities, residents can enjoy a lively atmosphere while being just moments away from the tranquil lakeside. The area is well-served by public transport, connecting you effortlessly to the rest of the city, making it a perfect choice for anyone looking to immerse themselves in the heart of Toronto's bustling lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Ogden Junior Public School, just 0.3 km away, which offers English instruction for grades JK to 6 and has a respectable school rating of 7.6. Another nearby public school, Beverley School, is 0.8 km away and serves grades JK to 8, though it currently has no rating available. For older students, Kapapamahchakwew - Wandering Spirit School is located 1.2 km away, offering education from grades 9 to 12. Ryerson Community School, also within 0.9 km, provides French instruction for grades JK to 8, with a lower rating of 3.8. Additionally, St. Mary Catholic School, situated 1.1 km from the property, caters to JK to 8 students in both English and French, holding a rating of 5.7. For high school students, St. Joseph's College School is located 1.7 km away and has a strong rating of 7.6. Overall, this area boasts a mix of public and Catholic schools, ensuring a variety of educational options for families.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant and youthful community with a population of 5,092 residents. The average household size is relatively small at 1.5, reflecting a significant proportion of single individuals, comprising 64.71% of the population. The average age is 31.2 years, indicating a predominantly young demographic. Financially, the average household income stands at $102,800, with 13.8% of the population classified as low-income. The real estate market is characterized by an average property price of $756,000, with a notable 99.01% of housing being condominiums. The area has a high rental rate, with 65.92% of residents renting their homes, and only 15.73% of households include children. A significant portion of the population, 43.14%, are immigrants, contributing to the area's diversity. Educational attainment is impressive, with 88.7% of residents holding a college or university degree, while 10.59% are not in the labor force. Overall, this community showcases a blend of youthful energy, educational achievement, and a diverse population, making it an appealing location for potential homebuyers and investors alike.

FAQs About 1512 - 318 Richmond Street W, Toronto

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Toronto is 900 - 999.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 318 Richmond Street W?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $829.66.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1512 - 318 Richmond Street W, Toronto

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Listing History

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