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    435 Richmond Street W

    Fabrik Condos
    4for Sale
    6for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    168
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    363 - 1,790 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Fabrik Condos

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    Amenities

    Rooftop Deck
    Visitor Parking
    Security System
    Gym Room
    Guest Suites
    Party Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 435 Richmond Street WFabrik Condos

    Rising amongst the hustle and bustle of Queen West neighbourhood and the Entertainment District, one can see why Menkes, the developers behind the Fabrik Condos at 435 Richmond Street West, call their 17-storey building “iconic” — there may not be a more fashionable condominium in the city.

    The Toronto-based Giannone Petricone Associates is to thank for the Fabrik Condos' distinct aesthetic. The building’s storm grey exterior brilliantly marries the bold mauve accents that are artfully arranged on the upper glass levels. And, perhaps inspired by 435's431 Richmond’s neighbourhood, a striking red cantilever whose winding form almost mirrors the lines of an excited pulse on a heart-monitor, giving the building a genuine sense of joyful design.

    Though the saying is cliché, there is genuine substance behind Fabrik Condos' style. Jared Menkes, who led the family-run development firm’s project had ambitions for “creating something special out of everyday experiences.” Thanks to Giannone Petricone, the building might have even surpassed his ambitions.

    The amenities will make wonderful additions to its residents’ lifestyles. The fitness facilities offer separate cardio and weight areas, and both are spacious and fully stocked with the state-of-the-art equipment. For pet lovers, the condos considerably contain a pet spa — especially useful after a day at the nearby St. James Playground’s enclosed dog park.

    Those who love hosting friends and family will really enjoy living at 435 Richmond St W . They can invite friends over to their condo’s own lavish screening room, or enjoy the awesome eleventh-floor event room. It features a gas fireplace and a walk-out onto the opulent outdoor terrace.

    The Suites

    There are 171 units in the Fabrik Condos. From studios to three-bedroom plus dens, they range from approximately 350 to 1,800 square feet, meaning that Toronto condos for sale here are suited to a diverse range of people.

    The units at 435 Richmond West are all chic and comfortable, and smart layouts take full advantage of their space. Stylish quartz countertops in the kitchen and marble in the bathroom exude sophistication, while stainless steel appliances are both elegant and easy to clean. Lastly, spectacular full-size windows circulate light and fresh air, while also providing captivating views of the city.

    The Neighbourhood

    Backing onto a photographer’s paradise, Graffiti Alley, the Fabrik Condos are in a spectacular part of the city. While the shopping around the corner on Queen Street West includes all the classic brands, towards West Queen West there are many independently-owned shops and — maybe most exciting — great groceries. A fully stocked Loblaws is just down the street at Portland and Queen.

    Though there are many entertainment and cultural attractions in the area, residents will get to know 401 Richmond intimately. Originally home to the MacDonald Manufacturing Company, the heritage-designated building just across Spadina has become a veritable arts-and-culture hub.

    401 Richmond houses dynamic and innovative artists, producers, and designers, whose studios, galleries and shops are wonderful places to visit. Its many festivals, exhibitions and showcases will fill residents’ schedules if they please.

    Transportation

    Living just south of the one of the city’s most popular intersections, Queen West and Spadina, means residents have a plethora of transportation options. In fact, two major streetcars are available just around the corner.

    The 501 Queen streetcar runs east and west across the city, from the Long Branch Loop all the way to the Beaches. Its route also intersects with both the Osgoode and Queen subway stations. The 510 Spadina, on the other hand, heads north to Spadina Station, and, as it travels south, it passes along Queens Quay toward Union Station.

    Residents who drive enjoy the area since both Queen and Spadina are major downtown Toronto arteries. For drivers with destinations outside of the core, they can reach the Gardiner Expressway in less than five minutes by riding along Spadina.

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    Explore Neighbourhood

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    10/10
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    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
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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
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Fabrik Condos vs The Queen West Area

    Days on Strata

    Units at Fabrik Condos spend an average of
    54
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

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

    Price Ranking

    29th
    Highest price per SQFT out of 47 condos in the Queen West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

    Fabrik Condos offers the
    ?
    best value out of 47 condos in the Queen West neighbourhood

    Appreciation Rank

    Fabrik Condos has the
    ?
    highest ROI out of 47 condos in the Queen West neighbourhood

    Rental Yield

    Fabrik Condos yields the
    ?
    highest rent prices out of 47 condos in the Queen West neighbourhood

    High Demand

    Fabrik Condos is the
    ?
    most popular building out of 47 condos in the Queen West neighbourhood

    Transaction Insights at 435 Richmond Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo DataNo Data$674,000 - $780,000No DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo DataNo Data$1,019No DataNo DataNo Data
    Avg. Wait for Unit Availability214 Days138 Days116 Days68 DaysNo Data617 DaysNo Data
    Ratio of Units in Building6%22%21%44%2%5%3%

    Unit Sales vs Inventory

    Total number of units listed and sold in Queen West