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Common Element Condo for sale at 318 Richmond Street W, Toronto C01 - 2 bedroom, 1 bathroom - Photo 1 of 40
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$645,000

Unit 1508 - 318 Richmond St W

Toronto C01, ON M5V 0B4

Unit 1508 - 318 Richmond St W, Toronto C01Listed at $645,000. 2 bedroom, 1 bathroom Apartment Common Element Condo. MLS® C12985690.

Possession · seller's timeline

Flexible

2Beds
1Baths
600-699sqft
Common Element Condo
Apartment
1Parking
$3,566.83Taxes/yr · 2025

What's this home worth?

Get a free estimate for 318 Richmond St W

Description

Welcome to The Picasso Building and the epicentre of TIFF! Absolutely! Experience the vibrant downtown Toronto lifestyle in this stunning, south facing 1 bedroom + den with rare parking. Whether you're an ambitious professional, a creative spirit, or anyone who thrives on being at the center of the action, this stylish condo is designed to elevate your lifestyle. This sleek and modern condo offers a smart blend of style, comfort, and convenience right in the heart of the city's bustling entertainment and financial district. Step into a bright, open-concept living space featuring floor-to-ceiling windows that flood the unit with natural light and offer sweeping city views. The contemporary kitchen boasts high-end stainless steel and integrated appliances, quartz countertops, and an efficient layout ideal for quick meals or entertaining friends.This 1-bedroom plus den, 1-bathroom home maximizes every inch of space with thoughtful finishes and ample storage, while the balcony provides a perfect spot to unwind after a busy day. Enjoy the luxury of ensuite laundry for added convenience. Prime location in the heart of Toronto's Entertainment District - steps from theatres, live music venues, trendy bars, restaurants, and nightlife hotspots with a vibrant social scene - surrounded by co-working spaces, coffee shops, fitness studios, and cultural hubs fostering networking and active living. Excellent walk & transit scores of 100 - close to major transit routes including streetcars, subway and bike lanes - your commute just got effortless. Access to premium amenities like a fitness center, rooftop terrace, and 24-hour concierge elevate your urban living experience.Whether you're starting your career, working remotely, or looking for your downtown haven, Suite 1508 is where vibrant city life meets modern comfort. Don't miss the chance to call this dynamic condo your new home base! Extremely Rare 1 UNDERGROUND PARKING INCLUDED!

Property Details

Property TypeCommon Element Condo
StyleApartment
CommunityWaterfront Communities C1
Approximate Age6-10
Rooms6
Kitchens1
Washrooms1
Square Feet600-699 sqft
Dir/Cross StRichmond and Peter
ExposureSouth
Garage TypeUnderground
Garage Parking Spaces1
DriveUnderground
Total Parking Spaces1
ExteriorConcrete, Stucco (Plaster)
BasementNone
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
Taxes (2025)$3,566.83
Maintenance Fee$623.25/Monthly
HSTNot Subject to HST
LockerNone
Listed Date4/10/2026
Days on Market148 days
PossessionTBA
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

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Home Value
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Listing Courtesy of: HARVEY KALLES REAL ESTATE LTD.

MLS® #C12985690

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: Unit 1508 - 318 Richmond Street W

This common element condo (Apartment) is located in the Waterfront Communities C1 neighbourhood of Toronto.

The home offers 2+1 bedrooms, 1 bathroom.

Features include 1 parking space including a 1-car garage.

Listed at $645,000 CAD with annual property taxes of $3,566.83 (2025). This listing has been on the market for 62 days.

About Toronto Real Estate

This Common Element Condo is located in the Waterfront Communities C1 community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Condos in Toronto are popular with young professionals and downsizers seeking low-maintenance urban living with amenities.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →