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Unit LP04 at 320 Richmond

Sold

320 Richmond Street E LP04, Toronto C08, ON M5A 1P9

MLS #C8185042

$650,000

Sold on June 11, 2024

June 11, 2024

Originally listed at $665,000 36 days on market

About This Property

Welcome to The Modern, the epitome of urban luxury living in Toronto's vibrant downtown core. This rarely offered Lower Penthouse unit is a 1bed + den, 2 bathroom suite with 692 sqft offering unobstructed west-facing views of the iconic Toronto skyline. Features include functional layout, open concept living area, hardwood floors throughout, floor to ceiling windows & 1 underground parking space close to the elevator. Centrally located, this abode is not only a 10-minute walk from Queen subway station, it's also a stone's throw away from the Distillery District, the St. Lawrence Market, and the Financial District, where nearby restaurants, bars, and boutiques offer endless opportunities for culinary delights and entertainment. A new Ontario Line subway station, set to be less than 2-minute away, is poised to enhance the value and convenience of this unit.With its prime location and unparalleled views, this Lower Penthouse suite represents cosmopolitan living at its finest.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($595/mo) and property tax ($2,585/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$961/sqft
Waterfront Communities C1
$894/sqft+7.5%
Toronto C01
$979/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 692 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

692 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypePrivate
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2221
MLS Size600-699
Listed OnMar 31, 2024
Maintenance Fees$595/month
Property Tax$2,585/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Flat)1.65 x 3.535.4 x 11.6-
Kitchen(Flat)1.65 x 3.535.4 x 11.6-
Dining Room(Flat)1.78 x 3.535.8 x 11.6-
Dining Room(Flat)1.78 x 3.535.8 x 11.6-
Living Room(Flat)3.02 x 179.9 x 55.8-
Living Room(Flat)3.02 x 179.9 x 55.8-
Bedroom(Flat)2.74 x 3.619.0 x 11.8-
Bedroom(Flat)2.74 x 3.619.0 x 11.8-
Den(Flat)3.02 x 2.729.9 x 8.9-
Den(Flat)3.02 x 2.729.9 x 8.9-

Room Dimensions Available

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Price History

Original List Price

$665,000

Listed on Mar 31, 2024

Sold Price

$650,000

Sold on Jun 11, 2024

-$15,000

-2.3%

36 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 Name320 Richmond
Address320 Richmond Street, Toronto C01
Parking TypePrivate

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About Unit LP04 at 320 Richmond

Unit LP04 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 600-699 square feet located at 320 Richmond, 320 Richmond Street, Toronto C01. This unit is currently sold (sold for $650K).

About 320 Richmond

320 Richmond is located at 320 Richmond Street, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Waterfront Communities C1 Neighbourhood

This unit is located in Waterfront Communities C1, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at 320 Richmond, 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 LP04 320 Richmond Toronto C01

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