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    1217 - 320 Richmond St E

    For RentThe Modern
    5.0
    $2,450/mth
    1 Bed + 1
    1 Bath
    1 Parking
    525 SQFT
    6 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    15 days
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Enclosed/Solarium
    Furnished:
    No
    Exposure:
    East
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Hardwood Floor, Hardwood Floor, Hardwood Floor
    5.68 x 3.25ft
    Kitchen
    Stainless Steel Appliances, Backsplash, Modern Kitchen
    12.66 x 3.67ft
    Study
    Hardwood Floor, Hardwood Floor, Combined with Dining
    3.87 x 3.35ft

    About this Listing

    This.is.it! The triple threat - Exquisite 1 bedroom with balcony, parking and locker. Enjoy life in the growing east side of Yonge Street with all the desired comforts at the Modern on Richmond. Perfectly suited for the city dweller, this east facing suite is one of the best one bedroom + study units in the building. It boasts an interior space of 525 sq.ft., and an additional 70 sq.ft. balcony. The jaw-dropping walk-in closet in the bedroom is one you have to see for yourself, and the hidden study perfectly fits an office desk allowing the option to work from home. Building amenities include: gym, yoga studio, sauna, party room, billiards, guest suite, and rooftop deck for summertime barbecues. From groceries, to retail shops, dining and entertaining, everything is within reach. Just minutes away from work, or play, place yourself steps to it all - the Financial District, St. Lawrence Market, Corktown, and the Eaton Centre. Don't miss the opportunity to make this rare find in downtown Toronto your new home today.

    Extras24 hour concierge/ security. Your Lease Incl.: Appl. Pckge (S/S Fridge, Stove, Hood-Fan, Microwave, Dishwasher, Washer + Dryer), Window Coverings + Existing Light Fixtures, Parking & Locker. Other room = 70 SF Balcony.

    brad j. lamb realty 2016 inc.MLS® #C9827387


    Amenities

    Concierge
    Party Room
    Rec Room
    Rooftop Deck
    Sauna
    Lap Pool

    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
    6,726
    Average Individual Income
    $68,091
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $116,464
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    24%
    65+
    22%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    14%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    54%
    High Rise Apartment
    26%
    Semi Detached
    11%
    Duplex
    4%
    Low Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    63%
    Mandarin
    15%
    Other
    10%
    Cantonese
    8%
    Tamil
    2%
    Tagalog
    1%
    Armenian
    1%
    Education
    University and Above
    37%
    High School
    24%
    College
    17%
    None
    13%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    7%
    Physical Sciences
    6%
    Humanities
    4%
    Education
    4%
    Visual & Performing Arts
    2%
    Personal, Protective & Transportation Services
    1%

    Maintenance Fees

    The Modern vs The Moss Park Area

    Days on Strata

    Units at The Modern spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Moss Park

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 9 condos in the Moss Park area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    The Modern offers the
    ?
    best value out of 9 condos in the Moss Park neighbourhood

    Appreciation Rank

    The Modern has the
    ?
    highest ROI out of 9 condos in the Moss Park neighbourhood

    Rental Yield

    The Modern yields the
    ?
    highest rent prices out of 9 condos in the Moss Park neighbourhood

    High Demand

    The Modern is the
    ?
    most popular building out of 9 condos in the Moss Park neighbourhood

    Transaction Insights at 320 Richmond Street E

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$362,000 - $365,000$460,000 - $530,000$572,000 - $650,000$739,000
    Avg. Cost Per Sqft$969$917$923$923
    Avg. Wait for Unit Availability1029 Days56 Days31 Days71 Days
    Ratio of Units in Building2%32%48%20%

    Transactions vs Inventory

    Total number of units listed and leased in Moss Park