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Unit 123 at Space Lofts

Sold

255 Richmond Street E 123, Toronto C08, ON M5A 4T7

MLS #C12514042

$356,000

Sold on January 12, 2026

January 12, 2026

Originally listed at $399,900 34 days on market

About This Property

Welcome to Space Lofts! This is a rare south-facing unit. Step into downtown living with style in this bright 1-bed, 1-bath loft at 255 Richmond St E. This unit with exposed concrete and soaring 18 ft ceilings and large matching window from ceiling to floor. True loft feeling with tons of natural light, open concept living offering 570 sqft of space. The main entrance leads you through an open-concept layout. The primary bedroom is bright and spacious which overlooks the living room below for an amazing view. The four piece ensuite and laundry is located on the second floor for your convenience. Maintenance fees cover all utilities (except cable and internet), and residents enjoy ultra-fast internet through Beanfield Fibre and FibreStream. Amenities include 24-hour concierge, on-site security, gym, sauna, party and meeting rooms, guest suites, and ample visitor parking. You are steps from King Street dining, the St. Lawrence Market, George Brown College, the Distillery District, and the TTC. This is Downtown living at its finest - where space, style, and convenience is here. Come have a look you won't be disappointed.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($480/mo) and property tax ($2,194/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$702/sqft
Moss Park
$885/sqft-20.7%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 570 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

570 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeStreet Only
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-1625
MLS Size500-599
Listed OnNov 4, 2025
Maintenance Fees$480/month
Property Tax$2,194/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Main)2.41 x 3.857.9 x 12.6-
Kitchen(Main)2.41 x 3.857.9 x 12.6-
Living Room(Main)5.12 x 3.3616.8 x 11.0-
Living Room(Main)5.12 x 3.3616.8 x 11.0-
Bedroom(Upper)4.75 x 3.3515.6 x 11.0-
Bedroom(Upper)4.75 x 3.3515.6 x 11.0-
Bathroom(Upper)1.58 x 2.415.2 x 7.9-
Bathroom(Upper)1.58 x 2.415.2 x 7.9-

Room Dimensions Available

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Price History

Original List Price

$399,900

Listed on Nov 4, 2025

Sold Price

$356,000

Sold on Jan 12, 2026

-$43,900

-11.0%

34 days on market

Price History Available

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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 TypeStreet Only

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About Unit 123 at Space Lofts

Unit 123 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 $356K).

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 123 Space Lofts Toronto C08

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