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Unit 1116 at Space Lofts

Sold

255 Richmond Street E 1116, Toronto C08, ON M5A 4T7

MLS #C12590364

$465,000

Sold on March 1, 2026

March 1, 2026

Originally listed at $484,000 74 days on market

About This Property

Beautifully updated 590 sq ft south facing 1 bedroom unit in Moss Park Downtown Toronto. The kitchen has been upgraded with new soft close cabinets, black granite counter top designed to add an eating area/breakfast bar for 2. Quality Stainless steel appliances, Frigidaire range, Whirlpool fridge, Whirlpool over the range microwave, Bosch dishwasher and LG stackable washer and dryer. Living room has stunning custom wood accent wall with built-in soft close cabinets and 65" Flat Screen Samsung TV included in the sale! Primary Bedroom, with walk-in closet, is large enough for a king bed and you still have space for a desk! Exceptionally well laid out suite for a single person or couple. South facing balcony with a city view, no buildings blocking your view! The unit also comes with a parking stall and locker, added value for the unit. If you do not use the parking stall or locker, you can rent them out! Unbeatable location and low maintenance fees which Include All Utilities!! Amenities include 24-hour concierge, exercise room, sauna, party room, guest suites and ample visitor parking. All of this in an unbeatable location, just steps to the Financial District, St. Lawrence Market, Distillery District, a 3-minute Walk to the Subway, Path, St. James and Berczy Parks, and the Waterfront Trails. Please Note: Although the unit is currently occupied by a tenant, most of the furniture is negotiable for sale.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($590/mo) and property tax ($2,662/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$880/sqft
Moss Park
$885/sqft-0.6%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 550 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

500-599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-1625
MLS Size500-599
Listed OnNov 30, 2025
Maintenance Fees$590/month
Property Tax$2,662/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)6.48 x 3.3521.3 x 11.0-
Living Room(Flat)6.48 x 3.3521.3 x 11.0-
Dining Room(Flat)6.48 x 3.3521.3 x 11.0-
Dining Room(Flat)6.48 x 3.3521.3 x 11.0-
Kitchen(Flat)2.29 x 2.297.5 x 7.5-
Kitchen(Flat)2.29 x 2.297.5 x 7.5-
Primary Bedroom(Flat)3.81 x 3.0512.5 x 10.0-
Primary Bedroom(Flat)3.81 x 3.0512.5 x 10.0-

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Unit 1116 History

Complete transaction history for this unit

Leased

Leased: Apr 30, 2026

$2,500/mo

17 days on marketLease
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1 More Transactions Available

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Price History

Original List Price

$484,000

Listed on Nov 30, 2025

Sold Price

$465,000

Sold on Mar 1, 2026

-$19,000

-3.9%

74 days on market

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameSpace Lofts
Address255 Richmond Street E, Toronto C08
Parking TypeUnderground

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About Unit 1116 at Space Lofts

Unit 1116 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 500-599 square feet located at Space Lofts, 255 Richmond Street E, Toronto C08. This unit is currently sold (sold for $465K).

About Space Lofts

Space Lofts is located at 255 Richmond Street E, Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Moss Park Neighbourhood

This unit is located in Moss Park, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Space Lofts, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 1116 Space Lofts Toronto C08

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