1711 - 318 Richmond St W
For SalePicasso on RichmondEst Sell Timeframe 21 Days
$639,900
1 Bed + 1
1 Bath
0 Parking
599 SQFT
5 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$530/mth
Taxes:
$2,897 (2024)
Cost Per Sqft:
$1,068/sqft
Locker:
None
Outdoor Space:
Balcony
Exposure:
South
Possession Date:
To Be Arranged
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Combined with Dining, Combined with Kitchen, Walkout To Balcony
17.91 x 13.91ft
Dining
Combined with Kitchen, Combined with Living, Laminate
17.91 x 13.91ft
Kitchen
Combined with Dining, Combined with Living
17.91 x 13.91ft
About this Listing
Beautiful One Bedroom + Den Condo in Picasso. In The Heart of Down Town. Spacious Living space, Balcony on Wast view, Party Room, Outdoor Hot Tub, Outdoor Bbq Sauna and Gym. Vibrant King and Queen Street West. Close to CN Tower, Rogers Centre, Air Canada Centre and Financial District Floor to Ceiling Windows. Open Concept Layout and Modern Finishing.
ExtrasBuild-In Fridge, Stove, Microwave, Washer, Dryer and Dishwasher.
century 21 innovative realty inc.MLS® #C9373440
Amenities
Gym Room
Sauna
Indoor Pool
Concierge
Rec Room
Games Room
Explore Neighbourhood
10/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
18,483
Average Individual Income
$71,628
Average Household Size
3 persons
Average Age
42
Average Household Income
$108,396
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
43%
Semi Detached
25%
Detached
24%
Low Rise Apartment
3%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
72%
Mandarin
13%
Cantonese
9%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
12%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
5%
Education
5%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Price Trends
Maintenance Fees
Picasso on Richmond vs The Queen West Area
Building Trends At Picasso on Richmond
Days on Strata
Units at Picasso on Richmond spend an average of
23
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
6%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Queen West
Turnover of Units
On average, each unit is owned for
6.2
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
20th
Highest price per SQFT out of 47 condos in the Queen West area
Sold Units
5
Units were Sold over the past twelve months
Rented Units
81
Units were Rented over the past twelve months
Best Value Rank
Picasso on Richmond offers the best value out of 47 condos in the Queen West neighbourhood
?
Appreciation Rank
Picasso on Richmond has the highest ROI out of 47 condos in the Queen West neighbourhood
?
Rental Yield
Picasso on Richmond yields the highest rent prices out of 47 condos in the Queen West neighbourhood
?
High Demand
Picasso on Richmond is the most popular building out of 47 condos in the Queen West neighbourhood
?
Transaction Insights at 318 Richmond Street W
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|---|
Price Range | No Data | $570,000 - $628,000 | No Data | $865,000 | $815,000 - $952,500 | No Data |
Avg. Cost Per Sqft | No Data | $998 | No Data | $1,038 | $1,018 | No Data |
Price Range | $1,900 - $2,300 | $2,200 - $2,700 | $2,200 - $3,000 | $3,100 - $3,650 | $3,300 - $3,600 | $4,300 - $5,500 |
Avg. Wait for Unit Availability | 88 Days | 58 Days | 30 Days | 164 Days | 244 Days | 763 Days |
Avg. Wait for Unit Availability | 23 Days | 12 Days | 11 Days | 47 Days | 56 Days | 201 Days |
Ratio of Units in Building | 17% | 31% | 36% | 9% | 8% | 2% |
Transactions vs Inventory
Total number of units listed and sold in Queen West