287 Richmond St E 302
Moss Park, Downtown Toronto, M5A 1P2
FOR SALE
$1,498,000
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BEDROOMS2
BATHROOMS1
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Property Description
Welcome to a truly one-of-a-kind penthouse loft in the coveted Richmond Mews, where urban sophistication meets timeless character. Spanning an impressive 1,440 square feet, this stunning space has been meticulously designed by renowned designer Sarah Richardson, offering a seamless blend of modern elegance and authentic charm. The open-concept, multi-level layout features soaring 14-foot ceilings, a striking mezzanine lookout, and architectural details such as exposed brick, industrial-style ductwork, and a cozy gas fireplace. Walnut-stained hardwood floors, stone countertops, and stainless steel appliances enhance the luxurious feel. Natural light pours in through two skylights, illuminating every corner of this spacious loft. The large den provides versatility, easily doubling as a second bedroom, while the private 352 square foot rooftop terrace offers a perfect retreat for entertaining or urban gardening. Located steps from St. Lawrence Market, tons of restaurants and shops, this rare offering combines the best of downtown living with the charm of an authentic loft. With parking and a locker included, this is your opportunity to own a piece of Toronto history reimagined for contemporary living. Bonus - super low maintenance fees!
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
1400-1599
Taxes
$4,435 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 6.00' x 11.32' | Double Closet, 4 Pc Bath, Hardwood Floor |
Living | Main | 15.58' x 17.26' | Hardwood Floor, Gas Fireplace, Large Window |
Dining | Main | 6.43' x 10.33' | Hardwood Floor, Open Concept, Combined W/Kitchen |
Kitchen | Main | 8.92' x 9.42' | Hardwood Floor, Stone Counter, Stainless Steel Appl |
Den | Main | 9.15' x 12.76' | Hardwood Floor, Closet |
Prim Bdrm | 2nd | 15.49' x 17.16' | W/O To Terrace, 3 Pc Ensuite, W/I Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
287 Richmond St E 302 is a 1-bedroom 2-bathroom condo listed for sale at $1,498,000, which is $931,436 (164.4%) higher than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Co-Elevation Realty
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