Condo for sale at 1408-318 Richmond Street, Toronto, Ontario, M5V 1X2 - Waterfront Communities C1 - MLS: C13492046

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1408-318 Richmond Street

Toronto, Ontario, M5V 1X2 - Waterfront Communities C1

$629,000

Neighbourhood

Waterfront Communities C1
Major Intersection

Richmond and Peter

Listed Since: 2 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

600-699
Exposure

South
Total Parking

1 Underground Garage
Maintenance

$602
Taxes

$3,383.32 (2025)
Balcony

Encl

Property Description

Property description for 1408-318 Richmond Street, Toronto

A Must See In Person! Live In A Exquisite Picture-Perfect Suite At The Iconic Picasso Building. A Rare 671 Square Feet + Balcony Suite With Lots Of Great Natural Light Beaming Through The Large Floor-To-Ceiling Windows Right Into The Suite Creating An Inviting Atmosphere That's Both Functional And Stylish. Very Efficiently Laid Out 1+1 Bedroom With Den & Full Bath. Has Great Separation Between Living Room & Bedroom & Den. Big Open Concept Living-Dining Area. The Suite Features A Modern Open Concept Cornered Kitchen. Includes A Den That's Ideal For A Home Office. Walkout To A Spacious Balcony With Privacy And A View Of The CN Tower. An Open Spacious Entry Foyer Efficiently Separated From The Rest Of The Suite. Convenient Access To Your Personally Owned Private Underground Garage Parking Spot. The Suites Maintenance Fees Include Water, Heat, AC And Is Only 0.89 Per Foot. This Suite Has Been Cared For And Strategically Upgraded Overtime And Is Move In Ready. Ready To Create Memories. This Suite Checks All Of Your Wishlist Boxes. The Picasso Building Is Ideally Situated In The Heart Of Downtown West, Has Great Amenities With Massive State-Of-The-art Fitness Centre, Party Room, Recreation Lounge, Rooftop Terrace & 24/7 Concierge With Everyday Essentials Available Across The Street Such As No Frills And Independent City Market. Excellent Transit Access, Including TTC Streetcars And Subway Connections, Makes Commuting A Breeze, While Easy Access To The Gardiner Expressway Keeps All Parts Of The City Within Reach. Live Where Entertainment, Culture, And Convenience Come Together! - REALTORS PLEASE SEE BROKER REMARKS -

Listed by RIGHT AT HOME REALTY

Property details

MLS #

C13492046
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking, Water
Property Management

First Service Residential
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C13492046
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking, Water
Property Management

First Service Residential
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 1408-318 Richmond Street, Toronto

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Waterfront Communities C1

Active listings

683

Average Selling Price of a Condo Apt

May 2026

$740,948

Last 3 Months

$722,874

Last 12 Months

$723,667

May 2025

$776,319

Last 3 Months LY

$806,364

Last 12 Months LY

$784,184

Change

-5%

Change

-10%

Change

-8%

Historical Average Selling Price of a Condo Apt in Waterfront Communities C1

Average Selling Price

3 years ago

$799,116

Average Selling Price

5 years ago

$788,457

Average Selling Price

10 years ago

$485,643

Change

-7%

Change

-6%

Change

53%

Number of Condo Apt Sold

May 2026

139

Last 3 Months

126

Last 12 Months

114

May 2025

113

Last 3 Months LY

112

Last 12 Months LY

110

Change

23%

Change

13%

Change

How many days Condo Apt takes to sell (DOM)

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

-3%

Change

-3%

Change

11%

Average Selling price

Inventory Graph

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.