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    415 - 255 Richmond St E

    For SaleSpace Lofts
    $549,900
    1 Bed
    1 Bath
    0 Parking
    570 SQFT
    36 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $464/mth
    Taxes:
    $2,153 (2024)
    Cost Per Sqft:
    $965/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    30/60/90/Flexible
    Laundry:
    Upper
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    16.01 x 9.84ft
    Dining
    Laminate, Combined with Living, North View
    16.01 x 9.84ft
    Kitchen
    Stone Floor, Quartz Counter, Stainless Steel Appliances
    8.01 x 9.84ft

    About this Listing

    Welcome To Space Lofts! Amazing two-storey, 1-bedroom loft with exposed concrete and soaring 17' windows! True loft living with tons of natural light, open concept living and dining, upgraded flooring throughout, updated kitchen with quartz counters and brand new stainless steel appliances, and the preferred North view overlooking the city! Private primary retreat on the upper level overlooks your living area with a spa-like renovated ensuite bath. Well managed building, walking distance to St Lawrence Market, Distillery District, Eaton Centre, George Brown, King and Queen streetcars steps away, quick stroll to the Financial District, and a stone's throw from a new Ontario Line station. Oh, and heat/hydro/water all included in your low condo fees! Come and get it.

    ExtrasCool mid-rise building with 24-hr concierge, gym, saunas, party room, guest suite, and visitor parking. All inclusive condo fees cover heat/hydro/water.

    ipro realty ltd.MLS® #C9374935


    Amenities

    Concierge
    Party Room
    Rec Room
    Security System
    Sauna
    Bike Storage

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    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
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Space Lofts vs The St. Lawrence Area

    Days on Strata

    Units at Space Lofts spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    4.4
    YEARS before being sold again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    29th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    21
    Units were Rented over the past twelve months

    Best Value Rank

    Space Lofts offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Space Lofts has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    Space Lofts yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    Space Lofts is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 255 Richmond Street E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$340,000$535,000 - $579,135No Data$680,000No Data
    Avg. Cost Per Sqft$983$931No Data$911No Data
    Avg. Wait for Unit Availability313 Days37 Days151 Days362 Days330 Days
    Ratio of Units in Building9%69%12%8%4%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence