3 days on Market

500 Richmond St #325, Toronto, Ontario M5V 3N4

In the same building:
-
Condo
1
1
~800-899 sqft
$649,900
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Condo
1
1
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$767/sqft

Est. Mortgage$2,791/mo

Maintenance fees$908/mo

Tax Amount (2025)$3,250/yr

Days On Market3 days


Description

Welcome to this bright and spacious 1-bedroom, 1-bathroom residence offering 806 square feet of thoughtfully designed living space in the heart of Toronto's vibrant Fashion District. The open concept floor plan is perfect for both relaxing and entertaining, with refined interior finishes throughout. Enjoy elegant hardwood flooring across the main living areas, smooth 9-foot ceilings that enhance the sense of space, and a large private balcony that extends your living area outdoors while offering stunning views of Toronto's picturesque sunsets. The modern kitchen boasts a smart, efficient layout with ample cabinetry, quartz countertops, a generous breakfast bar, and stainless steel appliances - ideal for everyday living and hosting. The generously sized primary bedroom features a massive walk-in closet providing excellent storage. A rare convenience, the oversized locker is located directly behind the included parking space, allowing for easy loading and unloading. Located just steps from TTC transit, St. Andrews Playground Park, Loblaws, LCBO, and the Waterworks Food Hall. You're also minutes away from world-class dining, shopping, and entertainment along King Street West, Queen Street West, and The Well on Front Street West.


Property Details

StyleApartment
View-
Age of property-
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12172378
Community NameEntertainment District
Data SourceTRREB
Listing byRE/MAX CONDOS PLUS CORPORATION

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

6.65 x 5.11

hardwood floor / Combined W/Dining / W/O To Balcony

Dining

6.65 x 5.11

hardwood floor / Combined W/Living / Open Concept

Kitchen

2.84 x 2.25

Tile Floor / Breakfast Bar / Stainless Steel Appl

Br

3.86 x 3.05

hardwood floor / W/I Closet / Window


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


3Story
Elevator
Amenities

Visitor Parking, Guest Suites

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 26, 2025
ListedActive
$649,900
3 days on market
history photo preview43
Listing by trreb®
Property listed by RE/MAX CONDOS PLUS CORPORATION, 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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget