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    Toronto / Downtown / Queen West

    3806 - 318 Richmond St W

    For SalePicasso on Richmond
    $1,349,000
    Price Cut: $1,449,000
    3 Beds
    2 Bath
    1 Parking
    1,218 SQFT
    77 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,142/mth
    Taxes:
    $5,843 (2023)
    Cost Per Sqft:
    $1,108/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    August 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Spacious and Stunning 3 Bed, 2 Bath W/ Premium Finishes And Modern Design. Highly Desirable W Exposure W/ Sunrise and sunset View. Bright And Airy Throughout. Beautiful Contrasting Laminate. Gorgeous upgraded Kitchen W/ Ample Cabinetry, Backsplash, Integrated Fridge & Dw. Bright Wr W/ B/I Cabinetry, beautiful and spacious kitchen island with additional storage. Master bedroom with his and hers large ensuite vanity; both bathrooms have upgraded vanity's. Master W/ W/O To Balcony And Large Closet, and additional walk out balcony from living room. In-Demand Location, Richmond St W. Close To Transit, Nightlife, Restaurants, Shops, Movie Theater. OWNER OCCUPIED since possession. This is a must see home for an executive, or a growing family looking for space with the ease of downtown living. Owners spent additional money on upgrades for themselves. Home is beautifully maintained and move-In Ready! Parking and Locker included

    century 21 leading edge realty inc.MLS® #C9032704

    Amenities

    Media Room
    Indoor Pool
    Guest Suites
    Visitor Parking
    Party Room
    Rooftop Deck

    Explore Neighbourhood

    10/10
    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!

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Picasso on Richmond vs The Queen West Area

    Building Trends At Picasso on Richmond

    Days on Strata

    Units at Picasso on Richmond spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 49 condos in the Queen West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    76
    Units were Rented over the past twelve months

    Best Value Rank

    Picasso on Richmond offers the
    ?
    best value out of 49 condos in the Queen West neighbourhood

    Appreciation Rank

    Picasso on Richmond has the
    ?
    highest ROI out of 49 condos in the Queen West neighbourhood

    Rental Yield

    Picasso on Richmond yields the
    ?
    highest rent prices out of 49 condos in the Queen West neighbourhood

    High Demand

    Picasso on Richmond is the
    ?
    most popular building out of 49 condos in the Queen West neighbourhood

    Transaction Insights at 318 Richmond Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$570,000 - $628,000No Data$865,000$815,000 - $952,500No Data
    Avg. Cost Per SqftNo Data$998No Data$1,038$1,018No Data
    Avg. Wait for Unit Availability88 Days58 Days30 Days164 Days244 Days763 Days
    Ratio of Units in Building17%31%36%9%8%2%

    Transactions vs Inventory

    Total number of units listed and sold in Queen West