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    Toronto / Downtown / Queen West

    534 - 388 Richmond St W

    For RentDistrict Lofts
    $2,300/mth
    1 Bed
    1 Bath
    0 Parking
    614 SQFT
    3 Days on Strata
    Est Lease Timeframe
    25 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Soft Loft
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    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, Laminate, Juliette Balcony
    12.47 x 14.99ft
    Dining
    Combined with Living, Laminate
    12.47 x 14.99ft
    Kitchen
    Open Concept, Ceramic Floor, Centre Island
    12.24 x 7.22ft

    About this Listing

    District Lofts By Award Winning Peter Clewes. Anything But Cookie Cutter! Boutique Building On The Quiet Side Of Richmond. Bright And Airy 614 Sqft Loft Located In The Apex Of Entertainment/Fashion District W/ 10.5 Ft Ceilings, Open Concept, And Juliette Balcony Off Living Room. Loft Has Been Deep Cleaned & Painted. Master Bedroom W/ Ample Storage And Walkout To Balcony. Steps To Queen And King West. Be In The Heart Of It All!

    berkshire hathaway homeservices toronto realtyMLS® #C9379271

    Amenities

    Rec Room
    Security System
    Gym Room
    Concierge
    Rooftop Deck
    BBQ

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    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

    District Lofts vs The Queen West Area

    Building Trends At District Lofts

    Days on Strata

    Units at District Lofts spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    above
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    4.2
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    29th
    Highest price per SQFT out of 47 condos in the Queen West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    District Lofts offers the
    ?
    best value out of 47 condos in the Queen West neighbourhood

    Appreciation Rank

    District Lofts has the
    ?
    highest ROI out of 47 condos in the Queen West neighbourhood

    Rental Yield

    District Lofts yields the
    ?
    highest rent prices out of 47 condos in the Queen West neighbourhood

    High Demand

    District Lofts is the
    ?
    most popular building out of 47 condos in the Queen West neighbourhood

    Transaction Insights at 388 Richmond Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$590,000No Data$857,000 - $1,265,000No DataNo Data
    Avg. Cost Per Sqft$827No Data$959No DataNo Data
    Avg. Wait for Unit Availability150 Days412 Days74 Days1253 Days284 Days
    Ratio of Units in Building30%13%49%7%3%

    Transactions vs Inventory

    Total number of units listed and leased in Queen West