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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C1
  • 438 Richmond Street W
438-richmond-street-w-toronto-ontario-c12394330
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  • Sold Sold in Sep 2025
  • Condo Apt

816 - 438 Richmond Street W

Toronto, Waterfront Communities C1
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
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Sold Price: $ 815,000
1.69%
Listed Price: $ 829,000
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Key Facts About 816 - 438 Richmond Street W, Toronto

  • Tax $3,853 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $824.27
  • Size 800 - 899 feet²
  • Listing # C12394330
  • Data Source PROPTX
  • Listed On 10/09/2025
  • Updated On 19/09/2025
  • Market Demand
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Description

Welcome to The Morgan; an art deco-inspired building that brings old Manhattan feels to Torontos vibrant Garment District. Situated on a setback corner, it offers the unit postcard-worthy city views of the historic buildings along Spadina, including the iconic Fashion and Balfour buildings. This bright and spacious 2-bedroom, 2-bathroom suite with sunny south-facing windows feels like home from the moment you walk in. The inviting and open living area is well suited to entertaining or unwinding after a long day. The large primary bedroom has a

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Property Details of 816 - 438 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 Flat
  • Bathroom Details 1, 3pc Flat
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

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

Building

  • Size 800 - 899 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick
  • Amenities Concierge, Gym, Party Room/Meeting Room, Rooftop Deck/Garden...View More

Parking

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

Land

  • Cross Street Richmond St W / Spadina Ave

Features

  • Public Transit Y
  • Hospital Y
  • Arts Centre Y

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Our Estimate

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Estimated Rent

$ 3,825

Rental Yield

4.97%

School Score

7.6/10

Rental Score

5/5

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Rooms

Living Room (6.91X3.4 metre)
Level: Flat
Dining Room (6.91X3.4 metre)
Level: Flat
Kitchen (2.44X2.39 metre)
Level: Flat
Bedroom (4.22X2.79 metre)
Level: Flat
Bedroom 2 (3.2X2.59 metre)
Level: Flat
Bathroom (4 pcs)
Level: Flat
Bathroom (3 pcs)
Level: Flat

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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

$1,393

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $824
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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 816 - 438 Richmond Street W, Toronto

Welcome to the stunning apartment for sale in Toronto , located at 438 Richmond Street W, Toronto. This exceptional condo apartment is situated in the vibrant Waterfront Communities C1 area, perfectly positioned to offer a blend of urban living and cultural richness. The building, known as The Morgan, boasts an art deco-inspired design that evokes the charm of old Manhattan, making it a truly unique residence in the heart of Toronto's Garment District.

As you enter this bright and spacious apartment for sale in Toronto, you will immediately appreciate the inviting atmosphere created by the sunny south-facing windows. This two-bedroom, two-bathroom suite is designed to feel like home from the moment you step inside. The open living area is perfect for entertaining guests or simply unwinding after a long day, providing ample space for relaxation and socialising.

The large primary bedroom is a highlight of this apartment, featuring a generous closet and an ensuite bathroom that adds a touch of luxury to your daily routine. The second bedroom is equally versatile, serving as an ideal guest room or home office, depending on your needs. Both bedrooms are designed to maximise comfort and functionality, ensuring that this apartment meets all your living requirements.

One of the standout features of this apartment for sale in Toronto is the delightful balcony, where you can enjoy your morning coffee while taking in the postcard-worthy views of the historic buildings along Spadina, including the iconic Fashion and Balfour buildings. As the day winds down, the balcony transforms into the perfect spot for sipping wine during the golden hour, allowing you to fully appreciate the stunning cityscape.

The convenience of this apartment is further enhanced by the inclusion of ensuite laundry facilities, a dedicated parking space in the underground garage, and a storage locker. These features ensure that you have everything you need at your fingertips, making daily life more manageable and enjoyable.

In addition to the exceptional living space, The Morgan offers a range of excellent building amenities that elevate your lifestyle. Residents benefit from a 24-hour concierge service, ensuring that assistance is always available when needed. The building also provides visitor parking, a well-equipped gym, and a rooftop terrace, perfect for social gatherings or simply enjoying the breathtaking views of the city.

The location of this apartment for sale in Toronto is truly unbeatable. Situated just steps away from the best of King West, Queen West, and the Entertainment and Financial Districts, you will find yourself at the centre of Toronto's vibrant cultural scene. With a perfect Walk Score of 100, everything you need is within easy reach, from trendy restaurants and cafes to shopping and entertainment options.

In summary, this apartment for sale in Toronto at 438 Richmond Street W, Toronto, offers a unique opportunity to experience urban living in a beautifully designed space. With its two bedrooms, two bathrooms, and a host of modern conveniences, this condo apartment is perfect for anyone looking to enjoy the best of city life. The combination of stylish design, fantastic amenities, and an unbeatable location makes this property a must-see for prospective buyers. Don’t miss your chance to make this exceptional apartment your new home!

Waterfront Communities C1, nestled along the picturesque shores of Lake Ontario in Toronto, is a vibrant and dynamic area that seamlessly blends urban living with natural beauty. This thriving neighbourhood boasts a stunning waterfront promenade, offering residents scenic views and recreational opportunities, including parks, cycling paths, and access to various water activities. The area is characterised by its modern high-rise condominiums, trendy restaurants, and cultural attractions, making it an ideal locale for those seeking a lively urban lifestyle. With convenient access to public transport and proximity to the bustling downtown core, Waterfront Communities C1 presents an enticing option for anyone looking to embrace the best of city living while enjoying the tranquillity of lakeside life.

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, just 0.3 km away, offering grades JK to 6 with a commendable school rating of 7.6. For older students, the Downtown Vocal Music Academy and Ryerson Community School are both within 0.6 km, although they have lower ratings, with Ryerson focusing on French instruction for grades JK to 8. St. Mary Catholic School, located 0.7 km away, provides a Catholic education for grades JK to 8 and has a rating of 5.7. For high school students, St. Joseph's College School, 1.9 km from the property, offers grades 9 to 12 and holds a solid rating of 7.6. Additionally, Kapapamahchakwew - Wandering Spirit School, located 1.6 km away, serves grades 9 to 12 but currently does not have a rating. Overall, the area boasts a variety of public and Catholic schools, ensuring quality education options for children of all ages within a convenient distance.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 2,262 residents, with an average household size of 1.5 individuals. The community has a median age of 37.3 years, reflecting a relatively young demographic. The average household income is notably high at $119,400, although 15.1% of the population falls under the low-income category. Housing prices are also significant, with an average property value of $864,000. A substantial portion of the population, 61.68%, is single, and only 14.94% of households have children, indicating a trend towards smaller family units. Immigrants comprise 32.51% of the community, contributing to its diverse cultural landscape. The rental market is robust, with 58.33% of residents renting their homes, while condos make up a striking 75.35% of the housing stock. Educational attainment is high, with 80.14% of the population holding a college or university degree. Additionally, 16.75% of the residents are not in the labor force, suggesting a mix of employment statuses within the community. Overall, this area presents a vibrant and educated population, making it an attractive location for potential homeowners and investors.

FAQs About 816 - 438 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 800 - 899.

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 438 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 $824.27.

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 816 - 438 Richmond Street W, Toronto

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Listing History

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