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    623 - 50 Richmond St E

    For SaleMclaughlin Square Condos
    $559,900
    3 Beds
    2 Bath
    1 Parking
    1,500 SQFT
    24 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,190/mth
    Taxes:
    $2,949 (2024)
    Cost Per Sqft:
    $373/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    January 2, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Kitchen
    Quartz Counter, Built-in Dishwasher, Backsplash
    12.96 x 8.63ft
    Living
    Vinyl Floor, Walkout To Balcony
    10.96 x 19.46ft
    Dining
    Vinyl Floor
    12.96 x 8.53ft

    About this Listing

    Downsize to the Rightsize! 2 Storey Penthouse! Like a Townhome! Largest Layout in McLaughlin Square. Southview Balcony. Main Features Primary Bdrm, Therapeutic W/I Bathtub (30k), Large Laundry/Storage, Beautifully Renovated Open Concept Kitchen w Quartz Counters & Center Island, Spacious Living/Dining/Den w W/O to Balcony. Upper Features Upgraded Bath w W/I Shower & 2bdrms. All new Vinyl Floors (main 1yr), Custom Window Blinds & Elegant Light Fixtures.

    ExtrasTherapeutic W/I Bathtub (30k value). Bell "Better" Cable Pckg Included in Maintenance Fees. Excellent Parking Spot PB50 is just steps to elevator. Upper Bdrm window to be repaired by Condo Corp.

    re/max jazz inc.MLS® #E11822299


    Amenities

    Sauna
    Car Wash
    Indoor Parking
    BBQs Allowed
    Bike Storage
    Security System

    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
    YEARS before being sold again

    Property Value

    -5%
    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

    23
    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$365,000 - $430,000No Data$405,000 - $499,900$555,000$450,000 - $560,000
    Avg. Cost Per Sqft$492No Data$443$464$450
    Avg. Wait for Unit Availability62 DaysNo Data31 Days1782 Days57 Days
    Ratio of Units in Building25%1%52%2%23%

    Transactions vs Inventory

    Total number of units listed and sold in O'Neill