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    208 - 320 Richmond St E

    For SaleThe Modern
    5.0
    $637,500
    1 Bed + 1
    2 Bath
    0 Parking
    705 SQFT
    1 Day on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $565/mth
    Taxes:
    $2,604 (2024)
    Cost Per Sqft:
    $904/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    January 31, 2025
    Laundry:
    Main
    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
    No Data
    Heating
    Fan Coil

    Room Dimensions

    Den
    Vinyl Floor
    9.91 x 6.99ft
    Bathroom
    2 Piece Bath, Tile Floor
    6.99 x 3.48ft
    Kitchen
    Combined with Dining, Vinyl Floor
    12.66 x 10.53ft

    About this Listing

    Step into a world of urban sophistication in this one-bedroom-plus-den suite that captures the very heart of chic downtown living. Floor-to-ceiling windows bathe the open-concept interior in natural light, highlighting a sleek modern kitchen that's perfect for both experimenting with new recipes and hosting impromptu gatherings. Tucked away, you'll find a serene bedroom retreat complete with a private ensuite bathroom, ensuring a seamless blend of comfort and convenience. Slide open the doors to your private covered balcony and savor sweeping city views a perfect setting for morning espresso or an evening nightcap. When its time to unwind, venture up to the rooftop oasis and indulge in a refreshing lap pool, a soothing jacuzzi, and a panoramic patio showcasing the dazzling Toronto skyline. A sauna, steam room, fitness centre, party lounge, yoga studio, and billiards room offer endless ways to recharge or mingle. Boasting a Walk Score of 99, a Transit Score of 100, and a Bike Riders Score of 98, this address puts the city's best dining, entertainment, and cultural hotspots at your doorstep along with easy access to the future Ontario Line, 24hr TTC, St. Lawrence Market, Eaton Centre, George Brown College, and Toronto Metropolitan University. For those seeking an upscale haven in the midst of the action, this suite delivers an undeniable blend of elegance and energy.

    ExtrasELFs, closet organizers, window coverings, white stacked washer and dryer, S/S exhaust hood, S/S refrigerator, S/S / black range, S/S microwave, S/S dishwasher, condominium common element amenities.

    queensway real estate brokerage inc.MLS® #C11947736


    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!

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    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