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    203 - 320 Richmond St E

    For SaleThe Modern
    5.0
    $639,500
    1 Bed + 1
    2 Bath
    1 Parking
    700 SQFT
    9 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $604/mth
    Taxes:
    $2,608 (2024)
    Cost Per Sqft:
    $914/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    February 1, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Open Concept, Stainless Steel Appliances
    13.45 x 9.19ft
    Living
    Open Concept, Walk-Out
    10.5 x 9.84ft
    Dining
    Combined with Kitchen, Open Concept
    13.45 x 9.19ft

    About this Listing

    Welcome to the perfect condo for the hip city dweller, a young couple starting their lives together, an investor, a down-sizer and many more. What makes unit 203 the perfect condo? Where to start! It is one of the most spacious one-bedroom plus den condos downtown. Just under 700sq.ft , the plus one is a legit plus one. Utilize it as an office, add a murphy-bed and use it as a guest room-your choice. The closet space in the primary room consists of 2 oversized double closets and an awesome ensuite. There is a second full bathroom just off the hall entrance. The Balcony is larger than most and features some trees at eye level that host a lovely canopy of leaves for most of the year. Inside you will enjoy an open-concept living/dining/kitchen space that has enough room for a table for 6 and an island if you so choose. There's that much room! The bedroom is large enough for a king-size bed and still enough room to move freely around, with tons of closet space and the ensuite, as mentioned. The kitchen is modern, well appointed and works perfectly with the space. Do you know what else comes with this condo? A double-sized locker that is conveniently located and so easily accessed. Also, a primo parking spot. One of the best features of the unit location is that it is on the 2nd floor so although there are multiple elevators, the stairs down are an easy, no-hassle option. The 2nd floor also features the gym - a phenomenal workout/health space, the sauna, billiards room, social room and more. It is super convenient and the unit is distanced just enough not to be a distraction. This well-laid-out Downtown condo is close to everything: Fantastic restaurants, shopping, St Lawrence Market, Schools, The DVP, the distillery district, financial district as well as boutique shops, antique stores and theatre.

    ExtrasPet friendly building.

    re/max hallmark realty ltd.MLS® #C11934977


    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%

    Maintenance Fees

    The Modern vs The Moss Park Area

    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 sold in Moss Park