30 days on Market

318 Richmond St #506, Toronto, Ontario M5V 0B4

In the same building:
-
Condo
1
1
~500-599 sqft
$398,000
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Condo
1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$730/sqft

Est. Mortgage$1,709/mo

Maintenance fees$417/mo

Tax Amount (2024)$2,310/yr

Days On Market30 days


Description

Welcome To Picasso, a Stunningly Designed Building. Developed By Monarch Group. Located In The Heart Of Torontos Harbourfront And Entertainment Districts. Feturing a Bright 1-Bedroom, Modern Open Concept Kitchen With Built-In Microwave And Oven. Functional Layout Living Space. Large Terrace Offers Unobstructed City View And Outdoor Sitting. Enjoy 24-Hour Concierge Security And An Array Of Exceptional Amenities. Exclusive Access To The "Picasso Club" Located On The 3rd Floor With Fitness, Weight Areas, Saunas And a Yoga Studio. 10th Floor Party Room With Lounges, Billiards And Tv Areas. The Outdoor 10th Floor Roof Top Deck With a Lounge, Cabanas, Fireplace, Barbecues, Tanning Deck And a Jacuzzi. Steps To Cn Tower, Rogers Centre, Ripley's Aquarium, Starbucks, Cafes And Restaurants. The Underground Path, Union Station, Scotiabank Arena, The Financial And Entertainment Districts. Minutes To Toronto's Harbourfront, The Multi-Use Martin Goodman Walking, Running And Cycling Trail, Dog Park, Hto Beach. The City's Finest Entertainment Lounges, Restaurants And Theatres On King Street West.


Property Details

StyleApartment
View-
Age of property-
SqFt~500-599 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12059641
Community NameEntertainment District
Data SourceTRREB
Listing byHOMELIFE LANDMARK REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

3.85 x 3.0

Laminate / Modern Kitchen / Backsplash

Dining

0.0 x 0.0

Laminate / Combined W/Living / Open Concept

Primary

3.6 x 3.05

Laminate / W/O To Terrace / East View

Other

7.35 x 1.7

Concrete Floor / Breezeway / East View


Features

Patio: Terr
Balcony: Terr

5Story
Amenities

Concierge, Guest Suites, Gym, Party/Meeting Room, Rooftop Deck/Garden, Sauna

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 3, 2025
ListedActive
$398,000
30 days on market
history photo preview32
Listing by trreb®
Property listed by HOMELIFE LANDMARK REALTY INC., Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

31 days

2023

22 days

2022

14 days

New Listings

Past 30 days

282 listings

Compared to

2024

326 listings

2023

181 listings

2022

235 listings

Units sold

Past 30 days

53 units

Compared to

2024

75 units

2023

95 units

2022

95 units

Median Sold Price

Past 30 days

$700,000

Compared to

2024

$727,000

2023

$707,000

2022

$770,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Estimated Budget