3006 - 318 Richmond Street W

Introducing an exceptional apartment for sale in Toronto , located at 318 Richmond Street W, Toronto. This stunning high-floor unit offers a panoramic southeast-facing view that is sure to impress. Nestled in the vibrant Waterfront Communities C1 area, this luxurious 1+1 condo apartment is positioned in the heart of Toronto's Financial and Entertainment Districts, making it an ideal choice for those seeking a modern lifestyle in a prime location.

As you step into this bright and airy residence, you will immediately appreciate the highly functional layout, which includes one bedroom and a den. The den, thoughtfully designed to maximise space, features a contemporary pendant light, making it an ideal spot for a home office or a space for entertainment. The apartment comprises a total of four rooms, ensuring ample space for comfortable living.

The open-concept living and kitchen area is bathed in natural light, thanks to the floor-to-ceiling windows that lead out to an open balcony. This outdoor space offers clear, unobstructed views of the city, allowing you to enjoy the vibrant surroundings of 318 Richmond Street W, Toronto. The apartment for sale in Toronto is designed for modern living, with central air conditioning to keep you cool during the warmer months.

While this unit does not feature a fireplace or a pool, it compensates with its excellent amenities and location. The apartment is unfurnished, allowing you the freedom to personalise the space to your taste. The heat is provided by a forced air system, ensuring comfort throughout the year. Additionally, the building does not have a central vacuum system, which may be a consideration for some buyers.

Residents of this remarkable building benefit from a range of premium amenities, including a 24-hour concierge service, a yoga and pilates studio, spa facilities, a media room, a billiards room, and a sauna. For those who enjoy fitness, there is a fully equipped fitness centre available. This makes the apartment for sale in Toronto an excellent choice for both end-users and investors looking for a modern, bright, and exceptionally located home.

Convenience is a hallmark of this property. With no additional land or garage space, the building offers underground parking, although this specific unit does not come with a designated parking space. However, the unbeatable Walk Score of the location means that you are just minutes away from the bustling King and Queen Streets West, where you will find top restaurants, cafes, and various downtown attractions. The PATH, TTC streetcar, CN Tower, and Rogers Centre are all within easy reach, making it a perfect spot for those who thrive in an urban environment.

Moreover, the recently opened Bestco Fresh Foods Downtown Store is just a one-minute walk downstairs, providing easy access to groceries and other essentials. This adds to the daily convenience of living in this apartment for sale in Toronto, ensuring that everything you need is right at your fingertips.

In summary, this apartment for sale in Toronto at 318 Richmond Street W, Toronto, offers a unique blend of luxury, convenience, and modern living. With its stunning views, excellent amenities, and prime location, it is an opportunity not to be missed. Whether you are looking to invest or seeking a new home, this property is sure to meet your expectations and provide an exceptional living experience in one of Toronto's most iconic buildings.

Waterfront Communities C1 is a vibrant and dynamic area in Toronto, nestled along the shores of Lake Ontario. This picturesque neighbourhood is characterised by its stunning waterfront parks, modern condominiums, and an array of cultural attractions, making it a highly sought-after location for residents. With easy access to the city's bustling downtown, the area boasts a lively atmosphere filled with trendy cafes, restaurants, and shops, as well as recreational opportunities like cycling and walking along the scenic waterfront promenade. The blend of urban living and natural beauty creates an inviting environment, perfect for those seeking a lively yet serene lifestyle in the heart of Toronto.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, catering to a range of academic needs for families. The closest option is Ogden Junior Public School, located just 0.3 km away, offering grades JK to 6 with a solid school rating of 7.6. For families with older children, the Kapapamahchakwew - Wandering Spirit School, which serves grades 9 to 12, is 1.2 km away, although it currently holds a rating of 0. Additionally, Beverley School and Ryerson Community School, both within a 0.9 to 0.8 km radius, offer grades JK to 8, with ratings of 0 and 3.8 respectively. For those interested in Catholic education, St. Mary Catholic School is 1.1 km away, serving grades JK to 8 with a rating of 5.7, while St. Joseph's College School, which caters to grades 9 to 12, is located 1.7 km from the property, boasting a rating of 7.6. Overall, the area provides a diverse range of schooling options, ensuring that families can find suitable educational paths for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant community with a population of 5,092 residents as of 2021. The average household size is relatively small at 1.5, with a significant portion of the population being young, as indicated by an average age of 31.2 years. The area boasts a robust average household income of $102,800, although 13.8% of the population falls under the low-income category. A notable 64.71% of residents are single, while households with children make up 15.73% of the community. The neighborhood is diverse, with 43.14% of its residents being immigrants. A majority of the population, 65.92%, are renters, and the housing market is dominated by condominiums, which comprise 99.01% of the housing stock. The average property price stands at $756,000. Education levels are high, with 88.7% of residents holding a college or university degree, while 10.59% are not participating in the labor force. This blend of demographics highlights a youthful, educated, and diverse community with a strong rental market, making it an attractive location for potential buyers and investors.