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Unit 1403 at Space Lofts

Sold

255 Richmond Street E 1403, Toronto C08, ON M5A 4T7

MLS #C12468362

$480,000

Sold on December 1, 2025

December 1, 2025

Originally listed at $499,000 17 days on market

About This Property

Step into downtown living with style in this bright 1-bed, 1-bath loft at 255 Richmond St E (Space Lofts). Offering 630 sqft of renovated living space, this rare south-facing unit features a premium layout and is one of the larger 1-bedroom floor plans in the building. New floors lead you through an open-concept layout with a fully renovated kitchen, complete with new counters, cabinetry, stainless steel appliances, and a peninsula with breakfast bar seating. The living area includes custom built-in shelving and media storage, plus a walkout to an oversized balcony that floods the space with natural light - perfect for morning coffee or golden-hour sunsets. The bedroom is bright and spacious with a large window, walk-in closet, and room for a king-sized bed, side tables, and a dresser. The upgraded 5-piece bathroom includes both a tub and a separate stand-up shower - a rare blend of space, storage, and function in a downtown one-bedroom. 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. Location? Unmatched. You're 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 walkability converge.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($531/mo) and property tax ($2,473/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$768/sqft
Moss Park
$885/sqft-13.2%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 650 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-1625
MLS Size600-699
Listed OnOct 16, 2025
Maintenance Fees$531/month
Property Tax$2,473/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)3.65 x 4.5212.0 x 14.8-
Living Room(Main)3.65 x 4.5212.0 x 14.8-
Dining Room(Main)3.65 x 2.0912.0 x 6.9-
Dining Room(Main)3.65 x 2.0912.0 x 6.9-
Kitchen(Main)3.65 x 2.6212.0 x 8.6-
Kitchen(Main)3.65 x 2.6212.0 x 8.6-
Primary Bedroom(Main)3.14 x 4.7110.3 x 15.5-
Primary Bedroom(Main)3.14 x 4.7110.3 x 15.5-
Other(Main)5.57 x 1.7618.3 x 5.8-
Other(Main)5.57 x 1.7618.3 x 5.8-

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Unit 1403 History

Complete transaction history for this unit

Terminated

Listed: Oct 1, 2025

$525,000

15 days on marketSale
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Price History

Original List Price

$499,000

Listed on Oct 16, 2025

Sold Price

$480,000

Sold on Dec 1, 2025

-$19,000

-3.8%

17 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 1403 at Space Lofts

Unit 1403 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 600-699 square feet located at Space Lofts, 255 Richmond Street E, Toronto C08. This unit is currently sold (sold for $480K).

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 1403 Space Lofts Toronto C08

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