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For SaleThe Modern
5.0
$619,900
Price Cut: $625,000
1 Bed + 1
2 Bath
1 Parking
700 - 799 SQFT
85 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$604/mth
Taxes:
$2,608 (2024)
Cost Per Sqft:
$776 - $886/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
West
Possession Date:
November 1, 2024
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Air Conditioning
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Kitchen
Open Concept, Stainless Steel Appliances
13.45 x 9.19ft
Living
Open Concept, Walk-Out
10.5 x 9.84ft
Dining
Combined with Kitchen, Open Concept
13.45 x 9.19ft
About this Listing
Top 5 reasons why Suite 203 at the Modern-320 Richmond is a great place to own and live! This one has it all: Large locker, Primo Parking Spot, Large Balcony! On the 2nd floor, close to the amenities-no need to hop on the elevator! Excellent Layout-A legit plus one-the Den can be used as a guest room, separate office-whatever you need it to be! Two large closets in the bedroom and an ensuite! Freshly painted and turn-key! The best Modern Condo opportunity in the building! Book a showing and come check it out for yourself.
ExtrasVisitor parking, superb location-close to all with an excellent walkscore of 98!
re/max hallmark realty ltd.MLS® #C9251901
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
Household Income
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%
Price Trends
Maintenance Fees
The Modern vs The Moss Park Area
Building Trends At The Modern
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
AVERAGEchance 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 againProperty 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
| Studio | 1 Bed | 1 Bed + Den | 2 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 |
| Price Range | No Data | $2,000 - $2,450 | $2,300 - $2,850 | $2,600 - $3,250 |
| Avg. Wait for Unit Availability | 1029 Days | 56 Days | 31 Days | 71 Days |
| Avg. Wait for Unit Availability | 385 Days | 28 Days | 22 Days | 36 Days |
| Ratio of Units in Building | 2% | 32% | 48% | 20% |
Transactions vs Inventory
Total number of units listed and sold in Moss Park
