15 days on market
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$699,000
For Sale

318 Richmond St W, Unit #1508

Waterfront Communities C1, Toronto

1+1 Bed|1+1 Bath|Yes|15 days on market

$699,000

Buy with Dwelly and Save $6,990

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Home Details

Maintenance
$623.25 / month
Taxes
$298 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
S
Move-in Date
Dec 19, 2025
Building Age
6-10 Years
Locker
None
Hydro Included
No
Heat Included
Yes
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Concrete, Stucco/Plaster
Property Type
Comm Element Condo
Style
Apartment
Status
New
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Listing Description

Welcome to The Picasso Building and the epicentre of TIFF! Absolutely! Experience the vibrant downtown Toronto lifestyle in this stunning, south facing 1 bedroom + den with rare parking. Whether you're an ambitious professional, a creative spirit, or anyone who thrives on being at the center of the action, this stylish condo is designed to elevate your lifestyle. This sleek and modern condo offers a smart blend of style, comfort, and convenience right in the heart of the city's bustling entertainment and financial district. Step into a bright, open-concept living space featuring floor-to-ceiling windows that flood the unit with natural light and offer sweeping city views. The contemporary kitchen boasts high-end stainless steel and integrated appliances, quartz countertops, and an efficient layout ideal for quick meals or entertaining friends.This 1-bedroom plus den, 1-bathroom home maximizes every inch of space with thoughtful finishes and ample storage, while the balcony provides a perfect spot to unwind after a busy day. Enjoy the luxury of ensuite laundry for added convenience. Prime location in the heart of Toronto's Entertainment District - steps from theatres, live music venues, trendy bars, restaurants, and nightlife hotspots with a vibrant social scene - surrounded by co-working spaces, coffee shops, fitness studios, and cultural hubs fostering networking and active living. Excellent walk & transit scores of 100 - close to major transit routes including streetcars, subway and bike lanes - your commute just got effortless. Access to premium amenities like a fitness center, rooftop terrace, and 24-hour concierge elevate your urban living experience.Whether you're starting your career, working remotely, or looking for your downtown haven, Suite 1508 is where vibrant city life meets modern comfort. Don't miss the chance to call this dynamic condo your new home base! Extremely Rare 1 UNDERGROUND PARKING INCLUDED!
All ELFs, window coverings and existing built-in appliances.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
May 31, 20215$2,250$2,350LeasedC5255372

Rooms

Room dimensions for 318 Richmond St W, Unit #1508, Toronto
Living
13 x 23299 sqft
Kitchen
13 x 23299 sqft
Br
11 x 11121 sqft
Den
7 x 642 sqft
Bathroom
0 x 00 sqft

Building Amenities

Bike Storage
Concierge
Gym
Party/Meeting Room
Rooftop Deck/Garden

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 318 Richmond St W1508 is 4366

Price

$

Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$699000
Down Payment$139800
Mortgage Insurance$0
Total Mortgage$559200

Monthly Payment


Mortgage Payment$3446
Property Taxes$297
Maintenance Fees$623
Monthly Payment$4366
$4366
monthly

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About 318 Richmond St W, Unit #1508, Toronto

Located at 318 Richmond St W Unit #1508, this Toronto condo is available for sale. This property was listed for $699,000 on Wed Nov 12 2025. This condo's size is 600-699 Sqft. It has 1 bedroom and 1 bathroom. Monthly maintenance is $623 per month and taxes are approximately $3,567 annually. Views are to the South from this property. Step outside onto the open balcony. The property's amenities include Bike Storage, Concierge, Gym, Party/Meeting Room, Rooftop Deck/Garden. The property includes the following rooms: Living, Kitchen, Br, Den, Bathroom. This property comes with 1 parking spots. This property also comes with a locker. Heat is included with this property. 318 Richmond St W, Toronto is situated in the Waterfront Communities C1 neighbourhood.


MLS#: C12539640 · $699,000 · 1 bedroom condo in Waterfront Communities C1, Toronto