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    for sale
    16 Days on Strata

    123 - 255 Richmond St E

    $399,900
    1 Bed
    1 Bath
    0 Parking
    570 SQFT
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    Price History


    Maintenance Fees:
    $480/mth
    Taxes:
    $2,194 (2025)
    Property Type:
    Soft Loft
    Cost Per Sqft:
    $702/sqft
    Outdoor Space:
    Balcony
    Locker:
    None
    Possession Date:
    Nov 5
    Exposure:
    South

    Amenities

    Concierge
    Gym
    Party Room
    Sauna
    Visitor Parking

    About this Listing

    Welcome to Space Lofts! This is a rare south-facing unit. Step into downtown living with style in this bright 1-bed, 1-bath loft at 255 Richmond St E. This unit with exposed concrete and soaring 18 ft ceilings and large matching window from ceiling to floor. True loft feeling with tons of natural light, open concept living offering 570 sqft of space. The main entrance leads you through an open-concept layout. The primary bedroom is bright and spacious which overlooks the living room below for an amazing view. The four piece ensuite and laundry is located on the second floor for your convenience. Maintenance fees cover all utilities (except cable and internet), and residents enjoy ultra-fast internet through Beanfield Fibre and FibreStream. Amenities include 24-hour concierge, on-site security, gym, sauna, party and meeting rooms, guest suites, and ample visitor parking. You are steps from King Street dining, the St. Lawrence Market, George Brown College, the Distillery District, and the TTC. This is Downtown living at its finest - where space, style, and convenience is here. Come have a look you won't be disappointed.

    ExtrasFridge, stove, dishwasher, microwave, all installed electrical fixtures and window coverings.

    first goal realty ltd.MLS® #C12514042

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Kitchen
    7.91 x 12.63ft
    Built-in Dishwasher, Breakfast Area
    Living
    16.8 x 11.02ft
    Windows Floor to Ceiling, Walk-Out, hardwood floor
    Bedroom
    15.58 x 10.99ft
    O/Looks Living, carpet free, Windows Floor to Ceiling
    Bathroom
    5.18 x 7.91ft
    4 Piece Bath

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%


    Days on Strata

    Units at Space Lofts spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    4.2
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    34th
    Highest price per SQFT out of 74 condos in the St. Lawrence area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    18
    Units were Rented over the past twelve months

    Best Value Rank

    Space Lofts offers the
    ?
    best value out of 74 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Space Lofts has the
    ?
    highest ROI out of 74 condos in the St. Lawrence neighbourhood

    Rental Yield

    Space Lofts yields the
    ?
    highest rent prices out of 74 condos in the St. Lawrence neighbourhood

    High Demand

    Space Lofts is the
    ?
    most popular building out of 74 condos in the St. Lawrence neighbourhood

    Market Insights

    Transaction Insights at Space Lofts

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$420,000$475,000 - $569,000$642,000No DataNo Data
    Avg. Cost Per Sqft$1,136$856$891No DataNo Data
    Avg. Wait for Unit Availability280 Days40 Days207 Days432 Days395 Days
    Ratio of Units in Building8%68%11%8%4%

    Market Inventory

    Total number of units listed and sold in St. Lawrence