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    533 Richmond Street W

    Five Nine On Richmond
    1for Sale
    2for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    9
    Number of Units:
    51
    Condo Completion:
    2007
    Condo Demand:
    High
    Unit Size Range:
    340 - 2,118 SQFT
    Unit Availability:
    Low

    Listing History for Five Nine On Richmond

    Receive listing updates for Queen West

    Amenities

    Bike Storage
    BBQs Allowed
    Security System

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 533 Richmond Street WFive Nine On Richmond

    Although the Five Nine on Richmond lofts have yet to receive a trophy of their own, this building and the homes within are a direct reflection of their award winning designers, Core Architects. These architects created the boutique soft loft residence at 533 Richmond Street West along with help from the building’s namesake, 59 Developments.

    Built in 2007, the Five Nine on Richmond is made up of 51 Toronto lofts spanning 9 floors. The exterior is a contemporary balance of concrete and glass, a theme that is carried throughout individual lofts as well. Even the lobby is a chic nod to the homes upstairs, and spans two storeys for a hint at the ceiling heights to come.

    One benefit of a newer construction as opposed to authentic hard lofts is the ability to leave ample space for common amenities. Residents living at 533 Richmond West are lucky enough to enjoy a parking garage, alleviating potential headaches for car owning homeowners and their guests. Other amenities include gas hookups on balconies and terraces, as well as a welcoming attitude toward pets.

    The Suites

    Lofts at the Five Nine on Richmond range in size from 500 to 2,000 square feet, and vary in scope from studios to penthouses that span multiple storeys. In the quintessential loft fashion, entire walls are made of either concrete or glass. Other design elements include exposed ductwork and large rounded pillars. All of the kitchens are equipped with gas stoves and state-of-the-art appliances as well.

    The overall ambiance inside the lofts at 533 Richmond West can be defined as refined and futuristic. Of course, residents are encouraged to decorate as they please — with a few homey touches paired with the warmth of natural light pouring into these lofts, Toronto condos for sale here will begin to feel like home in no time.

    The Neighbourhood

    Both the Queen West neighbourhood and the building itself are well suited to the young professionals that dwell at the Five Nine on Richmond lofts. At the end of a long day at work, residents can saunter over to Queen Street West, where they are met with an array of options for entertainment. Between live music at the Cameron House or the Horseshoe Tavern, dinner at Terroni, or even some evening time shopping, the only thing that is not an option is boredom.

    The lofts at 533 Richmond West are also conveniently located around the corner from an expansive (some may even say luxurious) Loblaws. Complete with a Winners and Joe Fresh in the same building, this will become a one-stop shop for residents with lengthy grocery lists.

    When in the mood for some outdoor adventures, Saint Andrew’s Playground is just around the corner. Alternatively, the popular Trinity Bellwoods Park is also only a short walk away. Here, residents and their pets are free to roam around and even potentially make some new friends.

    Transportation

    Within downtown Toronto, travel to and from the Five Nine on Richmond Lofts is simple. Streetcars along Queen Street run 24 hours a day, and connect passengers with the subway in minutes. Drivers and cyclists can take a ride along Richmond and Adelaide, especially handy routes for those commuting to and from the Financial District. Drivers will also make great use of the nearby Gardiner Expressway for further travel around the city as well as beyond its borders.

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    Explore Queen West

    9/10
    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
    The bike lane starts to feel like a second home.

    Similar lofts

    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

    Five Nine On Richmond vs The Queen West Area

    Days on Strata

    Units at Five Nine On Richmond spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    below
    the list price.

    Offer Competition

    Lofts 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
    5.5
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    18th
    Highest price per SQFT out of 47 condos in the Queen West area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Five Nine On Richmond offers the
    ?
    best value out of 47 condos in the Queen West neighbourhood

    Appreciation Rank

    Five Nine On Richmond has the
    ?
    highest ROI out of 47 condos in the Queen West neighbourhood

    Rental Yield

    Five Nine On Richmond yields the
    ?
    highest rent prices out of 47 condos in the Queen West neighbourhood

    High Demand

    Five Nine On Richmond is the
    ?
    most popular building out of 47 condos in the Queen West neighbourhood

    Transaction Insights at 533 Richmond Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$482,000$809,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,086$1,023No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data213 Days731 Days276 Days217 Days
    Ratio of Units in Building7%40%13%32%11%

    Unit Sales vs Inventory

    Total number of units listed and sold in Queen West