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    218 - 255 Richmond St E

    St. Lawrence, Downtown, Toronto
    For RentSpace Lofts
    $2,475/mth
    Price Cut: $2,750
    1 Bed
    1 Bath
    0 Parking
    685 SQFT
    47 Days on Strata
    Est Lease Timeframe
    20 Days

    Listing History

    Unit Highlights

    Possession Date:
    September 8, 2024
    Lease Term:
    1 Year
    Property Type:
    Soft Loft
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    17.09 x 11.16ft
    Dining
    Laminate, Combined with Living, Open Concept
    17.09 x 11.16ft
    Kitchen
    Ceramic Floor, Stainless Steel Appliances, Breakfast Bar
    10.24 x 8.79ft

    About this Listing

    Space Lofts in Toronto's vibrant St. Lawrence Market neighbourhood! Bright and spacious 2-level 1-bedroom loft featuring 660 sf of interior living space, 18' ceilings, floor-to-ceiling windows, large private balcony off living room, & spacious primary bedroom overlooking main floor. Functional and efficient kitchen with ample storage, full-size stainless steel appliances, and convenient breakfast bar. Steps from George Brown College, public transit, grocery stores, restaurants, cafes, shopping, & more. Minutes to the Financial district, St. Lawrence Market, Distillery District, Eaton Centre, & Toronto Metropolitan University. Hydro & water included in the rent!

    ExtrasBuilding Amenities: concierge, exercise room, sauna, party room, meeting room, guest suite, & visitor parking.

    re/max condos plus corporationMLS® #C9048718

    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!

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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
    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 leased in St. Lawrence