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    603 - 255 Richmond St E

    For SaleSpace Lofts
    $619,000
    Price Cut: $629,000
    1 Bed
    1 Bath
    1 Parking
    617 SQFT
    79 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Cost Per Sqft:
    $1,003/sqft
    Maintenance Fees:
    $558/mth
    Taxes:
    $2,425 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    60 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

    Living
    Windows Floor to Ceiling, Hardwood Floor, Open Concept
    17.39 x 11.81ft
    Kitchen
    Breakfast Bar, Stainless Steel Appliances, Hardwood Floor
    9.19 x 11.48ft
    Bedroom
    Windows Floor to Ceiling, Closet Organizers, Open Concept
    9.19 x 8.53ft

    About this Listing

    Imagine stepping into your very own loft in Toronto--a dream you never thought possible, now within reach. This one bedroom mezzanine loft is flooded with natural light by its 18-foot floor-to-ceiling windows. Entertain with ease in this thoughtfully designed space, perfectly situated near St. Lawrence Market and the Distillery District. Start each day feeling inspired, as you wake up in your airy and vibrant loft. Enjoy a morning coffee or evening beverage perched on your private balcony, in the heart of Toronto's urban landscape. No more hassle with utility bills; maintenance fees cover everything, including underground parking and additional storage. Your dream loft awaits--don't let it slip away.

    ExtrasUpgrades Include: Stainless Steel Fridge, Stove, Microwave & Dishwasher. Caesarstone Countertops, Fresh White Cabinetry, Engineered Wood Floors. - Ensuite laundry on upper level.

    strata real estateMLS® #C8291024


    Amenities

    Security System
    Visitor Parking
    Rec Room
    Party Room
    Concierge
    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!

    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
    Household Income
    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%

    Unit Sales vs Inventory

    Total number of units listed and sold in St. Lawrence


    Days on Strata

    Units at Space Lofts spend an average of
    9
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    1%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.4
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    19
    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 RangeNo Data$535,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$945No DataNo DataNo Data
    Avg. Wait for Unit Availability294 Days34 Days151 Days255 Days330 Days
    Ratio of Units in Building9%70%11%8%4%

    Maintenance Fees

    Space Lofts vs The St. Lawrence Area

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