22 mins on Market

500 Richmond St #331, Toronto, Ontario M5V 3N4

In the same building:
-
Condo
2
1
~900-999 sqft
$849,000
Get pre-qualifiedPowered by nesto
Buy with Wahi to get
Up to
$8,490Cashback
Condo
2
1
~900-999 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market22 mins

Estimated valueNot available

Price/Sqft$896/sqft

Monthly cost

Open Calculator

CMA Subject Property

Curious about what homes are selling for in this area?

Get a report on comparable homes with helpful insights and trends.

+57

Properties sold*

$637K

Median sold price*

*Based on last 30 days

Description

Tucked into the heart of Torontos Fashion District, this two-storey condo feels like a downtown townhouse in the sky. With just five floors in the building, theres no endless waiting for elevators, life here is easy. The main level is open and welcoming, with a modern kitchen featuring stainless steel appliances, granite counters, and an extended island that doubles as the perfect breakfast bar. The living and dining areas flow seamlessly, with a walkout to your private balcony for morning coffee or evening wind-downs. Upstairs, you'll find two bright bedrooms, each offering plenty of room and flexibility-whether for family, guests, or a quiet home office. The primary bedroom comfortably fits a king-sized bed and still leaves space to make it your own. A stylish four-piece bathroom completes the upper level. Cityscape Terrace is a well-loved, low-rise community that puts you within steps of everything, St. Andrews Park, Waterworks Food Hall, the Ace Hotel, and the brand new 57,000 sqft YMCA. Transit, King West, and the Financial District are all just a short walk away. With nearly 1,000 square feet of thoughtfully designed living space, Unit 331 offers a rare balance: the vibrancy of downtown living paired with the comfort of a true home.


Property Details

Style2-Storey
View-
Age of property16-30
SqFt~900-999 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12419276
Community NameEntertainment District
Data SourceTRREB
Listing byRE/MAX HALLMARK SHAHEEN & COMPANY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

4.83 x 2.94

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

Dining

3.09 x 2.33

Combined W/Kitchen / North View / B/I Shelves

Kitchen

2.92 x 2.76

B/I Appliances / Backsplash / Open Concept


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


3Story
Elevator
Amenities

Bbqs Allowed, Visitor Parking, Guest Suites

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Sep 22, 2025
ListedActive
$849,000
< 1h on market
history photo preview39
Listing by trreb®

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

42 days

Compared to

2024

34 days

2023

24 days

2022

27 days

New Listings

Past 30 days

188 listings

Compared to

2024

179 listings

2023

215 listings

2022

157 listings

Units sold

Past 30 days

57 units

Compared to

2024

57 units

2023

54 units

2022

86 units

Median Sold Price

Past 30 days

$640,000

Compared to

2024

$637,000

2023

$700,000

2022

$747,500


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

0 to 19
7%
20 to 34
57%
35 to 49
22%
50 to 64
9%
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