3001-318 Richmond St
Waterfront Communities C1, Toronto, Ontario M5V 0B4
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $924at the range’s middle
- Tax a year
- $3,4682026 tax year
- Built
- 6-10
- Parking
- 0none
- Days on market
- Members
The brief
About 3001-318 Richmond St
3001-318 Richmond St is a 1+1-bedroom, 1-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $599,900 (MLS® C14080380).
Bright, spacious & rare corner 1 Bed+Den suite in the heart of Queen West, just a 5 minute walk from Osgoode subway. Meticulously cared for building that just underwent it's 2nd maintenance fee reduction (you read correctly!) reflected in new fiscal year budget summary. Exceptionally well maintained suite by same owner occupant since day 1, with rare wide layout, corner windows and clear views of the city. Suite features 9' ceilings, well proportioned room sizes and large closets in bedroom & foyer. Finishes include laminate flooring throughout; spacious kitchen with generous cabinet & counter space, built-in appliances, granite countertops & marble backsplash; Extra wide living/dining space with corner unobstructed floor to ceiling windows and walk-out to sheltered balcony; Modern bathroom finishes including neutral & light-coloured tiles, soaker tub & handheld shower fixture; Large bedroom that can accommodate King-size bed, open views and walk-in closet; and versatile den. Amenities include 24-7 concierge, fully equipped gym & yoga studio, his and her saunas, guest suite, bike storage rooms, party room with lounge areas, games room, TV lounge, and rooftop lounge with cabanas, outdoor fireplace, BBQ's & hot tub. Located a 5 minute walk from Osgoode subway and future Ontario Line station, across the street from No Frill's, 2 min walk from City Market or a little further to grocery shop Kensington Market. Eaton Centre, Waterworks Food Hall, The Well, Art Gallery of Ontario, OCAD, U of T, top hospitals, Union station and so much more, all in under 15 minute walk.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even45/100−$528/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 287 condos with 2 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,468 / 2026
- MLS® number
- C14080380
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 6-10
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 6-10
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, stove, oven, dishwasher, microwave, hood fan, washer/dryer, window blinds and hardwired light fixtures. Shelf above ensuite toilet, shelves above office in den.
- Condo maint.
- $502
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 5.74 × 4.39 m | Granite Counter, B/I Appliances, Centre Island | Flat |
| Living | 5.74 × 4.39 m | Large Window, Laminate, Combined W/Dining | Flat |
| Dining | 5.74 × 4.39 m | W/O To Balcony, Laminate, West View | Flat |
| Primary | 3.2 × 3.96 m | W/I Closet, Large Window, Laminate | Flat |
| Den | 1.83 × 2.24 m | Laminate | Flat |
| Other | 1.5 × 2.62 m | Concrete Floor, Nw View | Flat |
Listing history
Buy/sell history for 3001-318 Richmond St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $599,900 | N/A | Sc | C14080380 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $119,980
- Total mortgage amount
- $479,920
- Total interest payment
- $341,180
- Total purchase cost
- $941,080
- Mortgage payment
- $2,737/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
35%Monthly carrying cost
$3,528- Rent $3,000
- Shortfall $528
Rental income opens at $3,000, the median asking rent of 287 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $8,473
- Toronto municipal land transfer tax
- $8,473
- Total land transfer tax
- $16,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $8,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $599,900
- $3,998
- Ontario total
- $8,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,473.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m145 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 105 building permits issued within 250 m in the last 2 years250 m
- 27 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.6 km1.6 km
- Mapped parcel: about 4,100 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 710 m710 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 520 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- On the Heritage Register — Part V, by-law 1120-2024
- In the King-Spadina Heritage Conservation District, by-law 1111-2017
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
9 building permits cleared at this address in the City’s file.
Interior AlterationsClosed
Proposal for interior alterations to create a demising wall and installation of a new access door to existing multi unit building. -Units 2 &4
Issued October 3, 2018
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations to existing vacant space for tenant fit out of new personal training and treatment facility. Unit 202B.
Issued December 13, 2017
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations to existing vacant space for tenant fit out of new personal training and treatment facility. Unit 202B.
Issued December 13, 2017
Interior AlterationsClosed
Proposal for interior alterations to existing vacant space for tenant fit out of new personal training and treatment facility. Unit 202B.
Issued November 27, 2017
Building Permit Related(MS)Closed
HVAC REVISION 3 - interior alterations to finish suite 304
Issued July 19, 2016
Electromagnetic LocksClosed
Installation of one electromagnetic locking device on third floor.
Issued June 1, 2016
New BuildingRevision Issued
Tenant revisions for 3rd floor and added site service plan to drawing set and clarification for coverage of sprinklers.
Issued May 12, 2016
Building Permit Related(PS)Closed
Revison #1: to third floor plumbingPlumbing - Construction of a 39-storey mixed-use building with 402 residential units, 5 level below grade parking and the first three levels will be used for a mix of retail and office components.
Issued April 11, 2016
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
267 RICHMOND ST WPlan of subdivisionUnder Review
30 m away267 RICHMOND ST WOfficial plan or zoning amendmentAppeal Received
Zoning By-law Amendment application to permit a mixed-use development including two buildings, 37 and 42 storeys in height (131.0 metres and 145.2 metres, respectively, including mechanical penthouses). Proposed uses include two levels of retail, seven levels of office space, a daycare, the replacement of the existing movie theatre, an on-site publicly accessible privately owned open space and 693 residential units. The total gross floor area proposed is 80,334m2, consisting of 49,983m2 of residential floor area, and 30,351m2 of non-residential floor area. Two levels of below grade parking are proposed with 231 vehicle and 829 bicycle parking spaces. (Enacted as by-law 949-2022. Third-party appeal received.)
30 m away263 RICHMOND ST WOfficial plan or zoning amendmentAppeal Received
Zoning By-law Amendment application to permit a mixed-use development including two buildings, 37 and 42 storeys in height (131.0 metres and 145.2 metres, respectively, including mechanical penthouses). Proposed uses include two levels of retail, seven levels of office space, a daycare, the replacement of the existing movie theatre, an on-site publicly accessible privately owned open space and 693 residential units. The total gross floor area proposed is 80,334m2, consisting of 49,983m2 of residential floor area, and 30,351m2 of non-residential floor area. Two levels of below grade parking are proposed with 231 vehicle and 829 bicycle parking spaces. (Enacted as by-law 949-2022. Third-party appeal received.)
40 m away263 RICHMOND ST WPlan of subdivisionUnder Review
40 m away261 RICHMOND ST WPlan of subdivisionUnder Review
50 m away261 RICHMOND ST WOfficial plan or zoning amendmentAppeal Received
Zoning By-law Amendment application to permit a mixed-use development including two buildings, 37 and 42 storeys in height (131.0 metres and 145.2 metres, respectively, including mechanical penthouses). Proposed uses include two levels of retail, seven levels of office space, a daycare, the replacement of the existing movie theatre, an on-site publicly accessible privately owned open space and 693 residential units. The total gross floor area proposed is 80,334m2, consisting of 49,983m2 of residential floor area, and 30,351m2 of non-residential floor area. Two levels of below grade parking are proposed with 231 vehicle and 829 bicycle parking spaces. (Enacted as by-law 949-2022. Third-party appeal received.)
50 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C1 right now
- For sale now
- 630
- Median asking price
- $629K
- New in 7 days
- 70
- Price cuts
- 21%
Middle half: $539K to $837K
251 in 28 days
132 listings
This home is asking 5% below the median.
See all homes in Waterfront Communities C1Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Osgoode Station | TTC subway: Line 1 Yonge-University | 500 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 600 m |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 700 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.1 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Ogden Junior Public SchoolToronto DSB | Public · grades JK–6 | 300 m | 72%Grade 6 average |
| Beverley SchoolToronto DSB | Public · grades JK–8 | 800 m | — |
| Bishop Macdonell Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.1 km | 84%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.8 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 700 m | 8%Grade 9 math |
| Subway Academy IIToronto DSB | Public · grades 9–12 | 800 m | — |
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1.3 km | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.9 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Waterfront Communities C1 are shown to signed-in members.