318 Richmond Street, Unit 3107, Toronto, ON

$638,000
MLS#:C12238449
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2 beds
1 baths
600-699 sqft
Residential Condo & Other
Sold property - 2 Bed, 1 Bath Home at 318 Richmond Street Toronto ON listed at $638,000 (MLS# C12238449) - Main View
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This property was sold on November 3, 2025. Listing is for reference only.
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Similar Listings in Waterfront Communities C1, Toronto

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Added:Jun 22, 2025(447 days ago)
Updated:Nov 3, 2025(313 days ago)
Last Checked:21 minutes ago

Property Highlights

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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $638,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 0.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Motivated seller! Live in luxury at Picasso on Richmond with this stunning 1+1 bedroom condo in the heart of downtown Torontos Entertainment District. Featuring a spacious open-concept layout and breathtaking views of the city and CN Tower, this modern suite offers unmatched conveniencejust steps from King & Queen West, the Financial District, Rogers Centre, Scotiabank Arena, and more. Enjoy seamless access to TTC streetcars, the P.A.T.H., and Union Station. Surrounded by top restaurants, bars, and cafes, and within walking distance to Harbourfront, Ripleys Aquarium, and the Fashion District. Residents benefit from premium amenities including a fitness centre, rooftop terrace, swimming pool, and 24/7 concierge.

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Property Summary

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This condo apartment located at 318 Richmond Street, Toronto is currently for sale and has been available on SousaSells for 447 days. This property is listed at $638,000 with an estimated mortgage of $2,124* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 318 Richmond Street, Toronto is in the Waterfront Communities C1 neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterfront Communities C1, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

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Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

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StatusSold
Maintenance Fee$528.60/mo
Sold DateAugust 14, 2025
Sold price information is available to members only
AddedJun 22, 2025 (447 days ago)
UpdatedNov 3, 2025 (313 days ago)
Last Checked21 minutes ago
Transaction TypeFor Sale
List Office NameJDL REALTY INC.

Property Details

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Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,225.95

Parking & Garage

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Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Toronto Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Toronto?

This property at 318 Richmond Street, Unit 3107, Toronto, ON has closed. If you own a home on this street or nearby in Toronto, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 318 Richmond Street, Unit 3107, Toronto, ON

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Q.What is the asking price for 318 Richmond Street, Unit 3107, Toronto, ON ?

The current listing price for 318 Richmond Street, Unit 3107, Toronto, ON in Waterfront Communities C1, Toronto is $638,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.

Q.What property type and architectural style is 318 Richmond Street, Unit 3107, Toronto, ON ?

318 Richmond Street, Unit 3107, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 318 Richmond Street, Unit 3107, Toronto, ON offer?

Key property features include: Park, Public Transit, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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318 Richmond Street, Unit 3107, Toronto, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterfront Communities C1, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–¼ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 318 Richmond Street W 3107, Toronto C01, ON M5V 0B4

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Waterfront Communities C1, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$976,472

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Waterfront Communities C1, Toronto

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Waterfront Communities C1, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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