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    Toronto / Downtown / Moss Park

    1318 - 320 Richmond St E

    For RentThe Modern
    5.0
    $2,300/mth
    1 Bed + 1
    1 Bath
    0 Parking
    600 - 699 SQFT
    2 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    February 2, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    No
    Exposure:
    East
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Open Concept, Walkout To Terrace
    19.33 x 11.09ft
    Dining
    Hardwood Floor, Open Concept, Combined with Living
    19.33 x 11.09ft
    Den
    Hardwood Floor, Open Concept
    19.33 x 11.09ft

    About this Listing

    Bright and spacious 1-bedroom + den condo with high ceilings and spectacular unobstructed views. Floor-to-ceiling windows fill the open-concept living and dining area with natural light, leading to a generous 70 sq. ft. balcony, perfect for relaxation and entertaining.The modern gallery-style kitchen features stainless steel appliances, ample storage, and a versatile den/nook ideal for a pantry or home office. The primary bedroom includes a full walk-in closet, while the den offers flexibility as a home office or guest space. Walking distance to TTC, Union Station, and PATH. Easy access to DVP and Gardiner Expressway, Walking distance to St. Lawrence Market, Distillery District, Eaton Centre, and Financial District, Close to George Brown College, St. Michaels Hospital, and local cafes/restaurants

    royal lepage signature realtyMLS® #C11945067

    Amenities

    Concierge
    Sauna
    Outdoor Pool
    Rec Room
    Bike Storage
    Party Room

    Explore Neighbourhood

    9/10
    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
    6,726
    Average Individual Income
    $68,091
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $116,464
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    24%
    65+
    22%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    14%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    54%
    High Rise Apartment
    26%
    Semi Detached
    11%
    Duplex
    4%
    Low Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    63%
    Mandarin
    15%
    Other
    10%
    Cantonese
    8%
    Tamil
    2%
    Tagalog
    1%
    Armenian
    1%
    Education
    University and Above
    37%
    High School
    24%
    College
    17%
    None
    13%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    7%
    Physical Sciences
    6%
    Humanities
    4%
    Education
    4%
    Visual & Performing Arts
    2%
    Personal, Protective & Transportation Services
    1%

    Price Trends

    Maintenance Fees

    The Modern vs The Moss Park Area

    Building Trends At The Modern

    Days on Strata

    Units at The Modern spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Moss Park

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 10 condos in the Moss Park area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    47
    Units were Rented over the past twelve months

    Best Value Rank

    The Modern offers the
    ?
    best value out of 10 condos in the Moss Park neighbourhood

    Appreciation Rank

    The Modern has the
    ?
    highest ROI out of 10 condos in the Moss Park neighbourhood

    Rental Yield

    The Modern yields the
    ?
    highest rent prices out of 10 condos in the Moss Park neighbourhood

    High Demand

    The Modern is the
    ?
    most popular building out of 10 condos in the Moss Park neighbourhood

    Transaction Insights at 320 Richmond Street E

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$362,000 - $365,000$460,000 - $530,000$572,000 - $650,000$540,000 - $729,000
    Avg. Cost Per Sqft$970$925$908$852
    Avg. Wait for Unit Availability1029 Days56 Days30 Days77 Days
    Ratio of Units in Building2%33%48%19%

    Transactions vs Inventory

    Total number of units listed and leased in Moss Park