Condo for sale at 2408-318 Richmond Street, Toronto, Ontario, M5V 1X2 - Waterfront Communities C1 - MLS: C12346080

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2408-318 Richmond Street

Toronto, Ontario, M5V 1X2 - Waterfront Communities C1

$648,000

Neighbourhood

Waterfront Communities C1
Major Intersection

University/Richmond

Listed Since: 35 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

600-699
Exposure

South
Total Parking

n/a
Maintenance

$523
Taxes

$3,197.34 (2025)
Balcony

Open

Property Description

Property description for 2408-318 Richmond Street, Toronto

Live in luxury at Picasso on Richmond with this stunning 1+1 bedroom condo in the heart of downtown Toronto's Entertainment District. This Best View suite offers over $30,000 in upgrades, a spacious open-concept layout, breathtaking and unobstructed south-facing city & CN Tower views, and a serene quiet-in-the-middle-of-it-all location. The suite features a modern kitchen with an integrated fridge, flat cooktop, built-in oven, built-in microwave, built-in dishwasher, washer, dryer, great-sized den, 9 ft smooth ceilings, and a Private Oasis Balcony with clear view. Rooftop terrace, fitness centre, swimming pool, and 24/7 concierge. *Furniture Included* Step outside to Nofills, Goodlife, and Bestco! King & Queen West, the Financial District, Rogers Centre, Scotiabank Arena, Harbourfront, Ripley's Aquarium, and the Fashion District. Seamless TTC, P.A.T.H., and Union Station access puts the entire city within reach. The area is filled with top restaurants, bars, cafes, quirky Queen Street shops, and is just minutes to Grange Park, OCAD, and Chinatown for endless dining and takeout options. Optimum choice for investor or self-occupied! Enjoy a rare urban oasis balcony with views that soothe your soul and let your worries fade away.

Listed by FIRST CLASS REALTY INC.

Property details

MLS #

C12346080
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

Clear, City, Downtown
Garage

Underground
Parking Type

None
Locker

None
Pets Permitted

N
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Exercise Room,Games Room,Gym,Party/Meeting Room,Rooftop Deck/Garden,Visitor Parking
Maintenance Fee Includes

Heat, 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 #

C12346080
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

Clear, City, Downtown
Garage

Underground
Parking Type

None
Locker

None
Pets Permitted

N
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Exercise Room,Games Room,Gym,Party/Meeting Room,Rooftop Deck/Garden,Visitor Parking
Maintenance Fee Includes

Heat, 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

Living

3.78 x 6.76 ft Flat level

Balcony, Se View, Window Flr to Ceil
Kitchen

3.78 x 2.8 ft Flat level

B/I Appliances, Open Concept, Backsplash
Br

3.3 x 3.5 ft Flat level

W/O To Balcony, Closet, Window Flr to Ceil
Bathroom

3.3 x 1.6 ft Flat level

4 Pc Ensuite, Ceramic Floor, carpet free
Den

2.0 x 2.1 ft Flat level

carpet free, Led Lighting, Laminate

Contact Manoj Kukreja

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

Property History

Property history for 2408-318 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.

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Neighbourhood Amenities & Points of Interest

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

Active listings

798

Average Selling Price of a Condo Apt

August 2025

$726,492

Last 3 Months

$736,449

Last 12 Months

$768,065

August 2024

$744,567

Last 3 Months LY

$800,925

Last 12 Months LY

$779,935

Change

-2%

Change

-8%

Change

-2%

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

Average Selling Price

3 years ago

$783,999

Average Selling Price

5 years ago

$785,903

Average Selling Price

10 years ago

$467,759

Change

-7%

Change

-8%

Change

55%

Number of Condo Apt Sold

August 2025

126

Last 3 Months

113

Last 12 Months

110

August 2024

115

Last 3 Months LY

114

Last 12 Months LY

120

Change

10%

Change

-1%

Change

-8%

How many days Condo Apt takes to sell (DOM)

August 2025

Last 3 Months

Last 12 Months

August 2024

Last 3 Months LY

Last 12 Months LY

Change

14%

Change

19%

Change

19%

Average Selling price

Inventory Graph

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First time home buyer

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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.