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    Toronto / Downtown / Moss Park

    619 - 320 Richmond St E

    For RentThe Modern
    5.0
    $2,400/mth
    Price Cut: $2,500
    1 Bed
    1 Bath
    1 Parking
    600 - 699 SQFT
    56 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    Immediately
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    Yes
    Exposure:
    East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Windows Floor to Ceiling, Laminate
    19.36 x 11.16ft
    Dining
    Combined with Living, Windows Floor to Ceiling, Laminate
    19.36 x 11.16ft
    Kitchen
    Open Concept, Stainless Steel Appliances, Breakfast Area
    17.39 x 6.89ft

    About this Listing

    Welcome to downtown living at its finest. This bright and sunny, fully furnished 1 bedroom unit has everything you need to start enjoying downtown Toronto. The open concept, modern kitchen includes all stainless steel appliances, including a microwave and dishwasher. It has ample counter-space for all your cooking needs, including all your kitchen essentials, dishes, utensils, cookware and more. The open-concept living room/dining room features laminate flooring, with floor-to-ceiling windows to take advantage of the beautiful east facing views. Its fully furnished with a seating area, TV and dining table. The bedroom has plenty of room for a queen-size bed and a walk-in closet for all your storage needs. Bedroom linens are included. The suite includes the use of a brand new stackable washer/dryer and 1 underground parking spot. Freshly painted and professionally cleaned, the suite is ready to move in and start enjoying.

    ExtrasFully furnished with all essentials. Amenities include: Gym, Yoga Room, Sauna, Guest Suites, Rooftop Bbq Terrace, Party Room, visitors parking and 24 Hour Concierge.

    forest hill real estate inc.MLS® #C9769214

    Amenities

    Bike Storage
    Rec Room
    Outdoor Pool
    Visitor Parking
    Indoor Parking
    Concierge

    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!

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    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%

    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
    34
    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

    47
    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$540,000 - $729,000
    Avg. Cost Per Sqft$969$917$934$851
    Avg. Wait for Unit Availability1029 Days56 Days30 Days77 Days
    Ratio of Units in Building2%32%48%19%

    Transactions vs Inventory

    Total number of units listed and leased in Moss Park