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    418 - 50 Richmond St E

    For SaleMclaughlin Square Condos
    $479,000
    2 Beds
    2 Bath
    1 Parking
    1,000 SQFT
    27 Days on Strata
    Est Sell Timeframe
    14 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $787/mth
    Taxes:
    $2,677 (2024)
    Cost Per Sqft:
    $479/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    60 days Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Wall Unit
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Kitchen
    Breakfast Bar, Renovated, Laminate
    9.68 x 9.48ft
    Living
    Walkout To Balcony, Combined with Dining, California Shutters
    8.86 x 12.37ft
    Dining
    Combined with Living, Laminate, California Shutters
    10.17 x 12.37ft

    About this Listing

    Turnkey, updated 2-bedroom, 1.5 bathroom condo - all you have to do is unpack! This unit provides modern living space, extensive building amenities and is conveniently located with easy access to everything you need. Enjoy a spacious layout with an updated kitchen featuring a breakfast bar, perfect for gathering or a quick meal. The open concept living area provides a great space for entertaining guests. The main bath boasts a contemporary glass shower, while the convenient 2-piece ensuite adds comfort and privacy. Step outside to your oversized balcony (+200 sq ft) that spans the length of the unit, overlooking a serene courtyard- ideal for morning coffee or evening relaxation. In-suite laundry hookups and a dedicated storage room ensure you have everything you need right at home. Building amenities include indoor pool and sauna, exercise room, billiards room, workshop for DIY projects, a cozy library, underground parking complete with a car wash bay. Situated just steps from a variety of shops and restaurants, this condo offers unmatched convenience. Enjoy the proximity to public transit and the Tribute Community Center, where you can easily walk home after shows and hockey games! Don't miss out on this incredible opportunity to live in a vibrant downtown community with all amenities you could ask for. Schedule your showing today!

    ExtrasFridge, stove, dishwasher, range hood, Bell Fibe internet & Cable included in condo fees

    re/max jazz inc.MLS® #E9390538


    Amenities

    Concierge
    Party Room
    Security System
    Sauna
    Indoor Parking
    Bike Storage

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    Unknown
    Transit
    8/10
    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
    6,436
    Average Individual Income
    $89,762
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $133,263
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    3%
    20 - 34
    14%
    35 - 49
    15%
    50 - 64
    22%
    65+
    30%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    19%
    $60,000+
    13%
    $90,000+
    10%
    $125,000+
    10%
    Housing Types & Tenancy
    Detached
    66%
    Semi Detached
    15%
    Low Rise Apartment
    13%
    High Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    90%
    Cantonese
    4%
    Mandarin
    3%
    Other
    3%
    Education
    High School
    28%
    University and Above
    27%
    College
    21%
    None
    14%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    21%
    Architecture & Engineering
    18%
    Social Sciences
    15%
    Health & Related Fields
    12%
    Education
    8%
    Personal, Protective & Transportation Services
    6%
    Humanities
    5%
    Math & Computer Sciences
    3%
    Visual & Performing Arts
    3%
    Physical Sciences
    2%
    Agriculture & Natural Resources
    2%

    Maintenance Fees

    Mclaughlin Square Condos vs The O'Neill Area

    Days on Strata

    Units at Mclaughlin Square Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in O'Neill

    Turnover of Units

    On average, each unit is owned for
    15.1
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 7 condos in the O'Neill area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Mclaughlin Square Condos offers the
    ?
    best value out of 7 condos in the O'Neill neighbourhood

    Appreciation Rank

    Mclaughlin Square Condos has the
    ?
    highest ROI out of 7 condos in the O'Neill neighbourhood

    Rental Yield

    Mclaughlin Square Condos yields the
    ?
    highest rent prices out of 7 condos in the O'Neill neighbourhood

    High Demand

    Mclaughlin Square Condos is the
    ?
    most popular building out of 7 condos in the O'Neill neighbourhood

    Transaction Insights at 50 Richmond Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$368,000 - $430,000No Data$420,000 - $499,900$555,000$450,000 - $560,000
    Avg. Cost Per Sqft$514No Data$445$464$450
    Avg. Wait for Unit Availability60 DaysNo Data31 Days1782 Days57 Days
    Ratio of Units in Building25%1%51%2%23%

    Transactions vs Inventory

    Total number of units listed and sold in O'Neill