$399,000
Toronto
#408 311 Richmond Street, Toronto (Moss Park), Ontario, M5A4S8
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $399,000, it is attractively priced about 31% below the $574,900 median asking price in Toronto. It has been on the market 6 days, fresher than the Toronto average of 61 days.
Imperial Square Condos is a classic boutique building with only 90 units set in one of Toronto's most central and well-connected neighbourhoods! walk to EVERYTHING!!!!311 Richmond street is perfectly situated just one block from the new Moss Park Metrolinx station, with easy access to multiple TTC routes, grocery stores, shops, restaurants, and parks.Discover all the incredible nearby attractions - St. Lawrence Market, STEPS away from George Brown College, the Distillery District, Eaton Centre, and the Waterfront are all just minutes away. This is downtown living at its finest. This stunning 679 sq ft corner suite has THE BEST VIEWS in the building with a south facing balcony. Enjoy the dining and bedroom views of the mature and majestic Elm tree where you can watch the seasons change. The bright and private bedroom is a perfect place to nest with it's spacious double closets, and its unique, picture perfect portrait tree top view in the heart of the city! The kitchen features a full-size breakfast bar that seats 4, ample cupboard storage and full-sized whirlpool appliances. With updated engineered hardwood floors, this suite offers contemporary finishes and a well-designed open concept layout with flexibility. Multiple layouts are possible. Come and see how walking into Suite 408 whispers easy living and easy entertaining. The building's amenities are equally impressive, featuring a fully equipped gym, visitor parking, a party room with billiards table, and a rooftop deck complete with BBQs, a great covered dining or lounge space and breathtaking panoramic views of the Toronto skyline. This suite includes a dedicated storage locker - underground parking spaces are available for rent through property management. Please see brokers remarks re special assessment for balconies and windows. Balconies were already redone in 2025 and windows will be replaced tentatively spring 2027. Sit back and relax as your investment appreciates (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.
Just listed: 6 days on market, against an average age of 61 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) has been listed for 6 days, which is 55 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,000, about 5.6× the local median household income of $71,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.