1508-318 Richmond Street W, Toronto, ON

Toronto, Central Toronto , Waterfront Communities C1 Hood
Richmond and Peter
1+1 Br | 1 Bath | 600-699 Sqft
$645,000 For Sale

Property Overview

  • Common Element Condo — Apartment
  • SqFt: | 600-699 Sqft
  • Monthly Fee: $623/mo
  • Fee Includes: Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
  • Exposure: South
  • Balcony: Open
  • Locker: None
  • Ensuite Laundry: No
  • Age: 6-10 Years
  • Taxes: 3,567 / 2025
  • MLS #: C12985690
  • Heat Source: Gas , Forced Air

Property 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!

All ELFs, window coverings and existing built-in appliances.

Property Details

  • For: For Sale
  • Type: Common Element Condo
  • Style: Apartment
  • Region: Toronto
  • Hood: Waterfront Communities C1
  • Pets Allowed: Yes-with Restrictions

Building Details

  • Condo Corp #: 2547
  • Association: TSCC
  • Management: First Service Residential
  • Age: 6-10 Years
  • Exterior: Concrete, Stucco (Plaster)
  • Heat: Gas , Forced Air
  • A/C: Central Air
  • Total Parking: 1.00
  • Parking Features: Underground
  • Locker: None

Property Interior

  • Sqft: 600-699 Sqft
  • Bed: 1 +1
  • Bath: 1
  • Kitchen: 1
  • Ensuite Laundry: No
  • Interior Features: Carpet Free
Rooms Details

Living Room

Main Level

3.84 x 6.96

Open Concept, Window Floor to Ceiling, W/O To Balcony

Kitchen

Main Level

3.84 x 6.96

Custom Backsplash, B/I Appliances, Undermount Sink

Bedroom

Main Level

3.28 x 3.38

Semi Ensuite, South View, W/O To Balcony

Den

Main Level

2.05 x 1.96

Separate Room, Laminate

Bathroom

Main Level

0 x 0

4 Pc Bath, Semi Ensuite, Soaking Tub

Property Listed by: HARVEY KALLES REAL ESTATE LTD.
Virtual Tour: n/a

Home Valuation Estimate

What is 1508-318 Richmond Street W, Toronto, ON worth in today’s Waterfront Communities C1, Central Toronto condo market?

This HomeZira valuation preview helps buyers and sellers review the asking price for this 1-bedroom Common Element Condo with 600-699 sq. ft. in Waterfront Communities C1, Central Toronto. The full estimate considers the condo’s location, property type, bedroom count, size range, building age, maintenance fee, and nearby comparable market activity after sign-in.

Condo-specific estimate See a valuation range built around this unit’s local condo profile.
Comparable condo context Review how similar nearby condo units help frame market value.
Fee and building factors Consider size, age, bedroom count, parking, locker, and maintenance-fee context.

This listing shows a $623/mo maintenance fee, which can be an important part of condo value comparison because monthly costs affect affordability and buyer demand.

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Location

  • Address: 1508-318 Richmond Street W
  • Neighborhood: Waterfront Communities C1
  • Zip/Postal Code: M5V 0B4
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About 1508-318 Richmond Street W, Central Toronto

Located at 1508-318 Richmond Street W, Toronto, ON in Waterfront Communities C1 (Central Toronto), near Richmond and Peter, this condo offers a balanced mix of comfort and day-to-day practicality. Inside, you’ll find Common Element Condo · Apartment, 1 bedroom, 1 bathroom and approximately 600-699 sq.ft. of interior space. South exposure for consistent daylight, with an open balcony that extends the living space outdoors. Everyday convenience includes 1 underground parking spot, an owned locker and ensuite laundry: No. The condominium budget is straightforward, with monthly fees of $623/mo and coverage for Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included. The building is TSCC #2547 and First Service Residential managing the property. It is currently listed at $645,000. MLS® C12985690.

Condo FAQs for 1508-318 Richmond Street W, Toronto, ON , Waterfront Communities C1 , Central Toronto

What are the listing details for 1508-318 Richmond Street W, Toronto, ON?
1508-318 Richmond Street W, Toronto, ON is a Common Element Condo for sale in Central Toronto, in the Waterfront Communities C1 neighbourhood, Toronto. The current list price is $645,000. MLS number: C12985690.
How many bedrooms and bathrooms does this condo have?
1508-318 Richmond Street W, Toronto, ON is listed as a Common Element Condo with a ["Apartment"] style, featuring 1+1 bedroom(s) and 1 bathroom(s). The listed interior size range is 600-699 sq. ft..
What is the monthly condo fee for this listing?
The listed monthly maintenance fee is $623/mo. The listing shows the fee includes: ["Heat Included","Water Included","CAC Included","Common Elements Included","Building Insurance Included","Parking Included"].
What parking, locker, balcony, and exposure details are shown?
Total parking is listed as 1 space(s). Locker is listed as: None. Balcony type is listed as: Open. Exposure is listed as: South.
What building or condo corporation details are listed?
Condo corporation number: 2547. Property management company: First Service Residential.
Where is this condo located?
1508-318 Richmond Street W, Toronto, ON is located in the Waterfront Communities C1 neighbourhood of Central Toronto. The listed cross street is Richmond and Peter. Annual taxes are listed as $3,567 / 2025. The public listing page shows active listing information only and does not include sold prices in this FAQ.

FAQ content is based on current active condo listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.