$488,500
For sale: Apartment

Urban Luxury at Studio Condos on Richmond. Welcome to this lovely 1 Bed, 1 Bath suite in the Heart of Downtown Toronto. Perfectly situated where the Entertainment District meets the Financial District, this suite offers a sophisticated retreat with every urban convenience at your doorstep. The Suite Features: Modern Aesthetics: 9-foot ceilings and laminate flooring throughout. Chef's Kitchen: Upgraded with quartz countertops, an undermount sink, valence lighting, and a tiled backsplash. Also featuring built-in appliances and ample cabinetry. Designer Bath: A spa-like 4-piece bathroom boasting porcelain tiles and a classic subway tile tub surround. Light & Space: Floor-to-ceiling windows flood the unit with natural light. Includes a spacious bedroom with a double closet. Unbeatable Location:Located in the vibrant core of Toronto, you are steps away from: Transit: Quick walk to Osgoode and St. Andrew Subway Stations. Work: Easy access to the Financial District and major Hospitals. Culture: Surrounded by the Art Gallery of Ontario (AGO), Four Seasons Centre for the Performing Arts, and Osgoode Hall. Lifestyle: The city's best fine dining, the Entertainment District, and top-tier universities are all within walking distance.
Sold data
Homes in Waterfront Communities took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 51, across 420 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $622,500.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 420 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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