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$479,000
Toronto
#1416 255 Richmond Street East, Toronto (Moss Park), Ontario, M5A4T7
This 1-bedroom, 1-bathroom condo in Toronto is for sale. Listed at $479,000, it is attractively priced about 17% below the $574,900 median asking price in Toronto.
Radiant on Richmond! Welcome to Suite 1416 at Space Lofts, a bright one-bedroom perched on the 14th floor with a completely unobstructed south view of the downtown skyline. Floor-to-ceiling windows pull light across the open-concept living space all day long, framed by the exposed concrete and clean loft lines this Triloft building has been loved for. Updated floors run throughout, and a full set of new appliances means the big purchases are already done. The layout lives larger than its footprint: a proper bedroom, a functional kitchen open to the living area, and a wall of glass that turns the city into your artwork. Space Lofts backs it up with a gym, sauna, party room, guest suite, visitor parking and bike storage. Out the front door you are steps to St. Lawrence Market, the King East Design District, the Distillery District, and every streetcar you could need, with the future Ontario Line station one block away. First-time buyers, pied-à-terre hunters and investors: this is the south-facing loft view everyone asks for, at the quiet east end of downtown. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 101 days on market, against an average age of 62 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Toronto (Moss Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $479,000, about 6.7× the local median household income of $71,000.
Carrying it typically needs a household income of about $93,565 (20% down, 25-yr amortization, stress-tested) — roughly 32% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice