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    629 - 50 Richmond St E

    For SaleMclaughlin Square Condos
    $530,000
    3 Beds
    2 Bath
    1 Parking
    1,400 - 1,599 SQFT
    9 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,019/mth
    Taxes:
    $2,835 (2024)
    Cost Per Sqft:
    $331 - $379/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Kitchen
    Pantry, Double Sink, Stainless Steel Appliances
    10.99 x 7.58ft
    Dining
    Combined with Living, Walkout To Balcony, Vinyl Floor
    12.43 x 7.91ft
    Living
    Combined with Dining, Walkout To Balcony, Vinyl Floor
    19.29 x 11.42ft

    About this Listing

    **LOCATION, LOCATION, LOCATION!** We understand how important a sense of space and connection can be in finding your perfect home. Picture yourself enjoying breathtaking views of the city and tranquil green spaces, all within a short walk to the heart of downtown. This wonderful building offers an array of amenities designed to support your family's needs and enhance your everyday life.This inviting three-bedroom, two-bathroom unit spans two stories and encompasses nearly 1,300 square feet, providing a perfect sanctuary for you and your loved ones. You'll appreciate the thoughtful features, such as the in-suite washer and dryer tucked away in a separate storage room, making laundry day feel a little less daunting. The two balconies offer personal retreats where you can unwind and take in the fresh air, while the open and spacious living and dining area creates a warm environment for gatherings and cherished moments.As for the buildings amenities, they truly aim to enrich your lifestyle. Enjoy a refreshing dip in the indoor heated pool, find peace in the sauna, or get your daily exercise at the gym. The billiards room, library, and courtyard provide additional spaces for relaxation and enjoyment. McLaughlin Square is conveniently located just steps from the downtown core, the Tribute Communities Centre, UOIT and DC campuses, local shops, restaurants, vibrant live music venues, the Regent Theatre, OHL Hockey, Costco, and public transit. If you're searching for a place that embodies comfort, convenience, and a supportive community, we truly believe you'll find it here. Welcome home; we cant wait for you to start this new chapter!

    ExtrasNew Main floor AC - 2024, Inclusions(maintenance fees): Bell Fibe Internet, Water, one parking space.

    peak realty ltd.MLS® #E10406556


    Amenities

    BBQs Allowed
    Sauna
    Security System
    Gym Room
    Party Room
    Indoor Pool

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    Unknown
    Transit
    8/10
    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
    6,436
    Average Individual Income
    $89,762
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $133,263
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    3%
    20 - 34
    14%
    35 - 49
    15%
    50 - 64
    22%
    65+
    30%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    19%
    $60,000+
    13%
    $90,000+
    10%
    $125,000+
    10%
    Housing Types & Tenancy
    Detached
    66%
    Semi Detached
    15%
    Low Rise Apartment
    13%
    High Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    90%
    Cantonese
    4%
    Mandarin
    3%
    Other
    3%
    Education
    High School
    28%
    University and Above
    27%
    College
    21%
    None
    14%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    21%
    Architecture & Engineering
    18%
    Social Sciences
    15%
    Health & Related Fields
    12%
    Education
    8%
    Personal, Protective & Transportation Services
    6%
    Humanities
    5%
    Math & Computer Sciences
    3%
    Visual & Performing Arts
    3%
    Physical Sciences
    2%
    Agriculture & Natural Resources
    2%

    Maintenance Fees

    Mclaughlin Square Condos vs The O'Neill Area

    Days on Strata

    Units at Mclaughlin Square Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in O'Neill

    Turnover of Units

    On average, each unit is owned for
    15.1
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 7 condos in the O'Neill area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Mclaughlin Square Condos offers the
    ?
    best value out of 7 condos in the O'Neill neighbourhood

    Appreciation Rank

    Mclaughlin Square Condos has the
    ?
    highest ROI out of 7 condos in the O'Neill neighbourhood

    Rental Yield

    Mclaughlin Square Condos yields the
    ?
    highest rent prices out of 7 condos in the O'Neill neighbourhood

    High Demand

    Mclaughlin Square Condos is the
    ?
    most popular building out of 7 condos in the O'Neill neighbourhood

    Transaction Insights at 50 Richmond Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$368,000 - $430,000No Data$420,000 - $499,900$555,000$450,000 - $560,000
    Avg. Cost Per Sqft$514No Data$445$464$450
    Avg. Wait for Unit Availability60 DaysNo Data31 Days1782 Days57 Days
    Ratio of Units in Building25%1%52%2%23%

    Transactions vs Inventory

    Total number of units listed and sold in O'Neill