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    Toronto / Downtown / Queen West

    301 - 438 Richmond St W

    For RentThe Morgan
    $2,850/mth
    Price Cut: $3,100
    2 Beds
    2 Bath
    0 Parking
    754 SQFT
    16 Days on Strata
    Est Lease Timeframe
    25 Days

    Listing History

    Unit Highlights

    Possession Date:
    Avail Immediately
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    Exclusive
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Laminate
    10.83 x 15.26ft
    Dining
    Open Concept, Combined with Living, Laminate
    10.83 x 15.26ft
    Kitchen
    Stainless Steel Appliances, O/Looks Dining, Tile Floor
    7.51 x 6.99ft

    About this Listing

    Enjoy Carefree Living In This Professionally Managed 2 Bedroom, 2 Bath Suite In The Morgan Condo. Featuring An Open-Concept Design, Kitchen w/ S/S Appliances, Spacious Living Room W/ Walk-Out To Balcony And Primary Bedroom With A 4Pc Ensuite. The Building Offers Excellent Amenities, And Its Prime Location Is Just Minutes From Transit, Highways, Shops, Restaurants And More! A Must See!

    Extras**Appliances: Fridge, Stove, Dishwasher, Washer & Dryer ** Utilities: Heat & Water Included, Hydro Extra **Locker: 1 Locker Included

    landlord realty inc.MLS® #C9297028

    Amenities

    Media Room
    Rooftop Deck
    BBQ
    Rec Room
    Bike Storage
    Security System

    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

    The Morgan vs The Queen West Area

    Building Trends At The Morgan

    Days on Strata

    Units at The Morgan spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    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
    5.9
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 49 condos in the Queen West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value Rank

    The Morgan offers the
    ?
    best value out of 49 condos in the Queen West neighbourhood

    Appreciation Rank

    The Morgan has the
    ?
    highest ROI out of 49 condos in the Queen West neighbourhood

    Rental Yield

    The Morgan yields the
    ?
    highest rent prices out of 49 condos in the Queen West neighbourhood

    High Demand

    The Morgan is the
    ?
    most popular building out of 49 condos in the Queen West neighbourhood

    Transaction Insights at 438 Richmond Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$470,000$566,000 - $644,000$662,000$725,000 - $930,000No Data$5,550,000No Data
    Avg. Cost Per Sqft$1,070$926$991$925No Data$1,125No Data
    Avg. Wait for Unit Availability295 Days109 Days140 Days97 Days1488 DaysNo DataNo Data
    Ratio of Units in Building10%33%24%31%3%1%2%

    Transactions vs Inventory

    Total number of units listed and leased in Queen West