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    705 - 311 Richmond St E

    For Sale311 Imperial Square
    $569,000
    Price Cut: $619,000
    1 Bed
    1 Bath
    1 Parking
    632 SQFT
    41 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $605/mth
    Taxes:
    $2,418 (2024)
    Cost Per Sqft:
    $900/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    30-45/TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Laminate, Modern Kitchen, Stainless Steel Appliances
    7.09 x 7.91ft
    Living
    Laminate, Combined with Dining, Walkout To Balcony
    18.67 x 10.43ft
    Dining
    Laminate, Combined with Living, Walkout To Balcony
    18.67 x 10.43ft

    About this Listing

    Feel rich on Richmond! Without breaking the bank! Welcome to this beautifully updated 1-bedroom, 1-bathroom condo at 311 Richmond Street East Suite 705. Move right in without lifting a finger! Perched high up above Richmond Street East, this unit is in a well-managed boutique building and features laminate floors, a renovated white kitchen, and large windows that fill the unit with natural light. The kitchen is a chef's dream, equipped with contemporary cabinets, stainless steel appliances, a stylish backsplash, and a huge breakfast bar perfect for entertaining. The unit feels extra wide and the living room walks out to the balcony overlooking Richmond Street East below. Enjoy the spacious bedroom with a walk-in closet. The well-appointed bathroom will make getting ready in the morning extra fun. In-suite laundry, an owned underground parking spot, and a locker for extra storage round off this incredible opportunity. Located a quick walk from Toronto's Financial District, this condo offers the best of both worlds: a peaceful retreat with easy access to the city's bustling amenities and offices. Just steps from your door you'll find trendy cafes, restaurants, and shops, while the St. Lawrence Market and Distillery District are only a short walk away. Public transit is a breeze with multiple streetcar and bus routes nearby, and the King and Queen Street subway stations on TTC Line 1 are just minutes away so you can hop around Toronto easily and efficiently. With convenient access to the Don Valley Parkway and Gardiner Expressway, commuting or getting out of the city are a snap, making this location perfect for those who want a blend of convenience, comfort, and connectivity. Welcome home!

    royal lepage connect realtyMLS® #C10420995


    Amenities

    Bike Storage
    BBQs Allowed
    Indoor Parking
    Rooftop Deck
    Party Room
    Rec Room

    Explore Neighbourhood

    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!

    Similar Listings

    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
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    311 Imperial Square vs The St. Lawrence Area

    Days on Strata

    Units at 311 Imperial Square spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

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

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    311 Imperial Square offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    311 Imperial Square has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    311 Imperial Square yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    311 Imperial Square is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 311 Richmond Street E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$450,000No DataNo DataNo DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$1,102No DataNo DataNo DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability763 Days117 Days1190 Days487 Days401 DaysNo DataNo Data
    Ratio of Units in Building12%62%5%13%8%2%2%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence