919 - 388 Richmond Street W

Introducing an exceptional opportunity to acquire a stunning condo for sale in Toronto , located at 388 Richmond Street W, Toronto. This remarkable property is situated in the award-winning District Lofts, nestled in the vibrant heart of the Entertainment District. With its bold design and urban comfort, this bright and modern 2-bedroom loft is truly a gem.

Spanning two floors, this turn-key loft boasts unobstructed north-facing views of Queen Street, allowing natural light to flood the space. The impressive 10-foot concrete ceilings create an airy atmosphere, while the dramatic open-riser staircase adds character and elegance. This condo for sale in Toronto is designed for those who appreciate both style and functionality.

The heart of this home is undoubtedly the renovated designer kitchen, which features exquisite Calacatta quartz countertops and a striking waterfall backsplash. Equipped with stainless steel appliances and floor-to-ceiling cabinetry, this kitchen offers a sleek, streamlined look while maximising storage space. The open-concept layout flows seamlessly into the living and dining areas, leading out to an oversized private balcony—ideal for al fresco dining or enjoying a summer barbecue.

The upstairs of this loft presents a large primary bedroom complete with a Juliette balcony, providing a serene retreat. The second bedroom is perfectly suited for guests or as a home office, catering to modern living needs. The condo for sale in Toronto also features new flooring throughout, a completely updated four-piece bathroom, and the convenience of ensuite laundry, making it an ideal choice for those seeking comfort and practicality.

In addition to the impressive interior features, this property includes one owned underground parking spot, ensuring convenience in the bustling city. Located at the intersection of Richmond and Spadina, 388 Richmond Street W, Toronto, is mere steps away from Queen West, The Well, the Art Gallery of Ontario (AGO), and a plethora of top restaurants and shops. With a Walk Score of 100, residents enjoy easy access to public transport, including the Queen, Spadina, and King streetcars, as well as the new Ontario Line subway.

This condo for sale in Toronto is not just about the living space; it also offers a range of building amenities that enhance the living experience. Residents can take advantage of a recently updated fitness centre, a party room for social gatherings, and a concierge service that adds a touch of luxury to daily life.

It is important to note that this property is unfurnished and does not include additional land, a den, or a family room. Moreover, there is no pool or fireplace, and the heating is provided by a heat pump. Internet connectivity is readily available, ensuring that residents remain connected in today’s digital age.

For those considering investment opportunities, it is worth mentioning that AirBnB and short-term rentals are not permitted, ensuring a stable and secure living environment. The strong property management and condo board further enhance the appeal of this condo for sale in Toronto, making it a sound investment for potential homeowners or investors alike.

In summary, 388 Richmond Street W, Toronto, offers a unique blend of modern design, urban convenience, and a vibrant community atmosphere. With its impressive features and prime location, this condo for sale in Toronto is an opportunity not to be missed. Whether you are looking to make it your home or add to your investment portfolio, this property stands out as a premier choice in the heart of the city.

Waterfront Communities C1 is a vibrant and dynamic area nestled along the shores of Lake Ontario in Toronto. This picturesque neighbourhood is characterised by its stunning waterfront parks, modern residential developments, and a bustling array of shops, restaurants, and cultural attractions. With easy access to the Toronto Islands and a scenic boardwalk, residents can enjoy outdoor activities and breathtaking views of the lake. The area is well-connected by public transport, making it convenient for commuting to the city centre. With its blend of urban living and natural beauty, Waterfront Communities C1 offers a unique lifestyle that is both lively and serene, perfect for those seeking a modern urban experience by the water.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school, Ogden Junior Public School, is just 0.2 km away and offers elementary education from Junior Kindergarten to Grade 6, with a respectable school rating of 6.7. For older students, the Downtown Vocal Music Academy and Ryerson Community School are within 0.7 km, providing grades 4 to 8 and JK to 8 respectively, although Ryerson has a lower rating of 4.6. St. Mary Catholic School, located 0.8 km away, caters to grades JK to 8 and has a rating of 5.9, offering both English and French language instruction. For high school students, St. Joseph's College School is 1.9 km away and has a commendable rating of 7.2. Additionally, Kapapamahchakwew - Wandering Spirit School, located 1.5 km from the property, serves grades 9 to 12. Overall, the area boasts a mix of public and Catholic schools, providing a range of educational options for children of all ages, enhancing the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 1,629 residents and an average household size of 1.5. The average age of residents is 35.3 years, indicating a relatively young population. The average household income is notably high at $144,800, although 12.1% of the population falls into the low-income category. The real estate market is characterized by a high average property price of $844,000, with 98.28% of the housing stock consisting of condominiums. The community is predominantly single, with 58.04% of individuals not married, and only 11.59% of households include children. A significant portion of the population, 30.79%, are immigrants, contributing to the area's cultural diversity. Renters make up 51.72% of the housing demographic, reflecting a preference for rental living. Education levels are impressively high, with 91.24% of residents holding a college or university degree, while 14.2% are not actively participating in the labor force. Overall, this area is a vibrant and educated community with a mix of rental and ownership opportunities, appealing to a diverse range of residents.