3 days on market
$648,000
For Sale

318 Richmond St, Unit #2408

Waterfront Communities C1, Toronto

1+1 Bed|1+1 Bath|No|3 days on market

$648,000

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Home Details

Maintenance
$522.86 / month
Taxes
$267 / month
Total Parking Spots
0
Garage Spaces
NaN
Balcony
Yes
Furnished
No
Exposure
S
Move-in Date
Sep 01, 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
Laundry Access
Main
Exterior
Concrete
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Live in luxury at Picasso on Richmond with this stunning 1+1 bedroom condo in the heart of downtown Toronto's Entertainment District. This Best View suite offers over $30,000 in upgrades, a spacious open-concept layout, breathtaking and unobstructed south-facing city & CN Tower views, and a serene quiet-in-the-middle-of-it-all location. Step outside to King & Queen West, the Financial District, Rogers Centre, Scotiabank Arena, Harbourfront, Ripley's Aquarium, and the Fashion District. Seamless TTC, P.A.T.H., and Union Station access puts the entire city within reach. The area is filled with top restaurants, bars, cafes, quirky Queen Street shops, and just minutes to Grange Park, OCAD, and Chinatown for endless dining and takeout options. The suite features a modern kitchen with an integrated fridge, flat cooktop, built-in oven, built-in microwave, built-in dishwasher, washer, dryer, great-sized den, 9 ft smooth ceilings, and a Private Oasis Balcony with clear view. Rooftop terrace, fitness centre, swimming pool, and 24/7 concierge. Furniture included, Optimum choice for investor or self-occupied! Enjoy a rare urban oasis balcony with views that soothe your soul and let your worries fade away.
Includes: Washer & Dryer, Built-In Fridge, Cooktop, Built-In Oven, Built-In Dishwasher, Microwave, plus in-unit furniture L-Shape sofa, TV stand, Round table & chairs, bedroom bed, all first owned by seller. Best choice for self-use or investment!

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Jan 8, 20188$588,000$610,000SoldC4016682

Rooms

Room dimensions for 318 Richmond St, Unit #2408, Toronto
Living
13 x 14182 sqft
Kitchen
12 x 9108 sqft
Br
11 x 11121 sqft
Bathroom
11 x 555 sqft
Den
7 x 749 sqft

Building Amenities

Exercise Room
Games Room
Gym
Party/Meeting Room
Rooftop Deck/Garden
Visitor Parking

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 318 Richmond St2408 is 3984

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$648000
Down Payment$129600
Mortgage Insurance$0
Total Mortgage$518400

Monthly Payment


Mortgage Payment$3195
Property Taxes$267
Maintenance Fees$523
Monthly Payment$3984
$3984
monthly

Sold Comparables

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About 318 Richmond St, Unit #2408, Toronto

Located at 318 Richmond St Unit #2408, this Toronto condo is available for sale. This property was listed for $648,000 on Fri Aug 15 2025. This condo's size is 600-699 Sqft. It has 1 bedroom and 1 bathroom. Monthly maintenance is $523 per month and taxes are approximately $3,198 annually. Views are to the South from this property. Step outside onto the open balcony. The property's amenities include Exercise Room, Games Room, Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking. The property includes the following rooms: Living, Kitchen, Br, Bathroom, Den. This property also comes with a locker. Heat is included with this property. 318 Richmond St, Toronto is situated in the Waterfront Communities C1 neighbourhood.


MLS#: C12346080 · $648,000 · 1 bedroom condo in Waterfront Communities C1, Toronto