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    1109 - 255 Richmond St E

    St. Lawrence, Downtown, Toronto
    For SaleSpace Lofts
    $699,900
    2 Beds
    2 Bath
    1 Parking
    779 SQFT
    31 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $641/mth
    Taxes:
    $2,997 (2024)
    Cost Per Sqft:
    $898/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    60-90 days/TBD
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    **Chic Urban Living Steps from St. Lawrence Market! Discover a unique opportunity to live in the coveted Space Lofts boutique building, just moments away from the vibrant St. Lawrence Market. This highly functional two-bedrooms, two-bathrooms unit is perfect for families, individuals, or couples seeking extra space for a home office. Bask in natural light throughout this sun-filled unit, complete with a cozy balcony that offers serene views of the park. This location is unbeatable, with George Brown campuses seconds away. Directly off Richmond from DVP with quick access to and from major highways. Enjoy the convenience of ample visitor parking for guests and a strong sense of community within the building. Space Lofts is well-maintained and offers amenities, including an exercise room with saunas and a party/games room with a full kitchen. Immerse yourself in the local culture with numerous great cafes and the St. Lawrence Market just minutes away!

    ExtrasIncluded in fees: Heat, A/C, Hydro, Water, One Parking, Bicycle lockers available for use.

    living realty inc.MLS® #C9244089

    Amenities

    Concierge
    Security System
    Rec Room
    Sauna
    Visitor Parking
    Business Centre

    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%

    Price Trends

    Maintenance Fees

    Space Lofts vs The St. Lawrence Area

    Building Trends At Space Lofts

    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

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    18
    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$535,000No DataNo DataNo Data
    Avg. Cost Per Sqft$983$945No DataNo DataNo Data
    Avg. Wait for Unit Availability313 Days35 Days151 Days255 Days330 Days
    Ratio of Units in Building9%70%11%8%4%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence