Maintenance Fees
Picasso on Richmond vs The Queen West Area
for rent
43 Days on Strata
- Est Lease Timeframe:
- 33 Days
1904 - 318 Richmond St
$2,195/mth
1 Bed
1 Bath
0 Parking
<499 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- Dec 1
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Balcony
- Laundry:
- Ensuite, Main
- Locker:
- Owned
- Exposure:
- East
Amenities
Gym
Media Room
Party Room
Sauna
Guest Suites
Games Room
About this Listing
Live artfully at Picasso on Richmond. Welcome to Picasso on Richmond, where architecture meets artistry in the heart of Downtown Toronto. As The Toronto Star aptly described it, a sculptural landmark on the city skyline. This bright 1-bedroom suite faces east, capturing beautiful morning light and downtown city views from your balcony. The sleek, galley-style kitchen features built-in appliances and modern finishes, while the bedroom offers the rare comfort of a real door (perfect for privacy and quiet). A large locker provides added storage space, completing the suite's thoughtful design. The building itself is a masterpiece of amenities: unwind in the outdoor jacuzzi, host friends in the party room or guest suites, and stay active in the gym, yoga room, or dry sauna. Enjoy summer evenings on the outdoor lounge with BBQs, or challenge a friend in the billiards room. (Amenities span the 3rd to 10th floors, so there's something for every mood.) Located in the vibrant Queen West district, you're surrounded by some of Toronto's best cafés, restaurants, and boutiques. Grab your morning latte from Quantum Coffee, shop along Queen Street West, or spend your afternoon at Graffiti Alley, Osgoode Hall Park, or the AGO; all steps away. The TTC is at your doorstep with easy access to both the Queen and King streetcar lines, making it a commuter's dream. Live here, and make your daily routine a little more inspired. After all, at Picasso, life imitates art.
ExtrasFridge, oven, microwave, hood fan, dishwasher, washer/dryer, window coverings, & ELFs.
fox marin associates ltd.MLS® #C12453883
Utilities & Inclusions
- Hydro
- Not 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
- Living
- 19.19 x 10.83ft
- Laminate, Combined with Dining, Walkout To Balcony
- Dining
- 19.19 x 10.83ft
- Laminate, Combined with Living, Open Concept
- Kitchen
- 12.63 x 10.83ft
- Laminate, Galley Kitchen, Built-in Appliances
- Bedroom
- 10.99 x 9.09ft
- Laminate, Closet, Walkout To Balcony
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Queen West
Map
10/10
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!
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
18,483
Average Individual Income
$71,628
Average Household Size
3 persons
Average Age
42
Average Household Income
$108,396
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
43%
Semi Detached
25%
Detached
24%
Low Rise Apartment
3%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
72%
Mandarin
13%
Cantonese
9%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
12%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
5%
Education
5%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At Picasso on Richmond
Days on Strata
Units at Picasso on Richmond spend an average of
30
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Queen West
Turnover of Units
On average, each unit is owned for
6.4
YEARS before being sold againProperty Value
-9%
Decrease in property value within the past twelve months
Price Ranking
30th
Highest price per SQFT out of 53 condos in the Queen West area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
83
Units were Rented over the past twelve months
Best Value Rank
Picasso on Richmond offers the best value out of 53 condos in the Queen West neighbourhood
?
Appreciation Rank
Picasso on Richmond has the highest ROI out of 53 condos in the Queen West neighbourhood
?
Rental Yield
Picasso on Richmond yields the highest rent prices out of 53 condos in the Queen West neighbourhood
?
High Demand
Picasso on Richmond is the most popular building out of 53 condos in the Queen West neighbourhood
?
Market Insights
Transaction Insights at Picasso on Richmond
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $430,000 | $575,000 - $613,000 | $872,000 - $1,247,000 | $699,900 | No Data |
| Avg. Cost Per Sqft | No Data | $816 | $1,068 | $1,065 | $842 | No Data |
| Price Range | $1,825 - $2,100 | $2,100 - $2,600 | $2,300 - $2,850 | $3,200 - $3,500 | $2,950 - $3,550 | $4,000 |
| Avg. Wait for Unit Availability | 88 Days | 58 Days | 38 Days | 155 Days | 237 Days | 645 Days |
| Avg. Wait for Unit Availability | 23 Days | 12 Days | 11 Days | 50 Days | 53 Days | 209 Days |
| Ratio of Units in Building | 17% | 31% | 36% | 8% | 9% | 2% |
Market Inventory
Total number of units listed and leased in Queen West
