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603 - 255 Richmond Street E

St. Lawrence, Downtown, Toronto

For SaleSpace Lofts

$629,000

1 Bed

1 Bath

1 Parking

617 SQFT

16 Days on Strata

Listing History

Unit Highlights

Property Type:

Soft Loft

Cost Per Sqft:

$1,019/sqft

Maintenance Fees:

$558/mth

Taxes:

$2,425 (2023)

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

South

Possession Date:

60 days/ TBD

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Hydro

Heat

Air Conditioning

Water

Parking

Building Maintenance

Building Insurance

Excluded

None

Unit Details

Air Conditioning: Central Air
Heat Source: Gas
Heating: Forced Air
Ensuite Laundry: Yes

Room Dimensions

Living

Window Flr To Ceil, Hardwood Floor, Open Concept

17.39 x 11.81ft

Kitchen

Breakfast Bar, Stainless Steel Appliances, Hardwood Floor

9.19 x 11.48ft

Bedroom

Window Flr To Ceil, Closet Organizers, Open Concept

9.19 x 8.53ft

About this Listing

Imagine stepping into your very own loft in Toronto--a dream you never thought possible, now within reach. This one bedroom mezzanine loft is flooded with natural light by its 18-foot floor-to-ceiling windows. Entertain with ease in this thoughtfully designed space, perfectly situated near St. Lawrence Market and the Distillery District. Start each day feeling inspired, as you wake up in your airy and vibrant loft. Enjoy a morning coffee or evening beverage perched on your private balcony, in the heart of Toronto's urban landscape. No more hassle with utility bills; maintenance fees cover everything, including underground parking and additional storage. Your dream loft awaits--don't let it slip away.

ExtrasUpgrades Include: Stainless Steel Fridge, Stove, Microwave & Dishwasher. Caesarstone Countertops, Fresh White Cabinetry, Engineered Wood Floors. - Ensuite Laundry on upper level.

strata real estateMLS® #C8291024

Amenities

Business Centre

Gym Room

Guest Suites

Sauna

Rec Room

Security System

Nearby Amenities

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!

Demographics

Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

Population

52,892

Average Individual Income

$63,089

Average Household Size

3 persons

Average Age

Average Household Income

$104,944

Dominant Housing Type

Detached

Population By Age

Household Income

Housing Types & Tenancy

Detached

36%

High Rise Apartment

32%

Semi Detached

17%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

69%

Mandarin

12%

Cantonese

11%

Tamil

Tagalog

Arabic

Spanish

Urdu

Education

University and Above

35%

High School

25%

None

16%

College

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

26%

Architecture & Engineering

19%

Health & Related Fields

12%

Social Sciences

11%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Personal, Protective & Transportation Services

Visual & Performing Arts

Price Trends

Building Trends At Space Lofts

Days on Strata

Units at Space Lofts spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these lofts sell for

below

the list price.

Offer Competition

Lofts in this building have a

LOW

chance of receiving

Multiple Offers

Turnover of Units

On average, each unit is owned for

4.4

YEARS before being sold again

Property Value

-12%

Decrease in property value within the past twelve months

Price Ranking

20th

Highest price per SQFT out of 64 condos in the St. Lawrence area

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

Space Lofts offers the

best value out of 64 condos in the St. Lawrence neighbourhood

Appreciation Rank

Space Lofts has the

highest ROI out of 64 condos in the St. Lawrence neighbourhood

Rental Yield

Space Lofts yields the

highest rent prices out of 64 condos in the St. Lawrence neighbourhood

High Demand

Space Lofts is the

most popular building out of 64 condos in the St. Lawrence neighbourhood

Transaction Insights at 255 Richmond Street E

	Studio	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	No Data	$535,000 - $555,000	$680,000	No Data	No Data
Avg. Cost Per Sqft	No Data	$1,016	$984	No Data	No Data
Price Range	$1,900 - $2,200	$2,400 - $3,100	$2,750	$3,000	$3,600
Avg. Wait for Unit Availability	294 Days	34 Days	157 Days	255 Days	330 Days
Avg. Wait for Unit Availability	225 Days	33 Days	194 Days	1135 Days	1722 Days
Ratio of Units in Building	9%	70%	12%	8%	4%

Maintenance Fees

Space Lofts vs The St. Lawrence Area

603 - 255 Richmond Street E

Listing History

Unit Highlights

Maintenance Fees

Unit Details

Room Dimensions

About this Listing

Amenities

Nearby Amenities

Demographics

Price Trends

Building Trends At Space Lofts

Days on Strata

List vs Selling Price

Offer Competition

Turnover of Units

Property Value

Price Ranking

Sold Units

Rented Units

Best Value Rank

Appreciation Rank

Rental Yield

High Demand

Transaction Insights at 255 Richmond Street E

Maintenance Fees

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