Maintenance Fees
Picasso on Richmond vs The Queen West Area
for sale
107 Days on Strata
- Est Sell Timeframe:
- 17 Days
3806 - 318 Richmond St W
$1,099,000
3 Beds
2 Bath
1 Parking
1,228 SQFT
Price History
- Maintenance Fees:
- $1,113/mth
- Taxes:
- $6,273 (2024)
- Property Type:
- Condo
- Cost Per Sqft:
- $895/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Sept 1
- Exposure:
- South West
Amenities
Party Room
Gym
Bike Storage
Concierge
Rooftop Deck
Amenity details for reference only. Independently verify accuracy.
About this Listing
Spacious and Stunning 3 Bed, 2 Bath W/ Premium Finishes And Modern Design. Highly Desirable W Exposure W/ Sunrise and sunset View. Bright And Airy Throughout. Beautiful Contrasting Laminate. Gorgeous upgraded Kitchen W/ Ample Cabinetry, Backsplash, Integrated Fridge & Dw. Bright Wr W/ B/I Cabinetry, beautiful and spacious kitchen island with additional storage. Master bedroom with his and hers large ensuite vanity; both bathrooms have upgraded vanity's. Master W/ W/O To Balcony And Large Closet, and additional walk out balcony from living room. In-Demand Location, Richmond St W. Close To Transit, Nightlife, Restaurants, Shops, Movie Theater. OWNER OCCUPIED for 8 years, and last year Tenant Occupied. This is a must see home for an executive, or a growing family looking for space with the ease of downtown living. Owners spent additional money on upgrades for themselves. Home is beautifully maintained and move-In Ready! Parking and Locker included. Triple AAA tenants willing to stay for those looking to buy for investment.
ExtrasB/I fridge, microwave, dishwasher, electric stove, washer and dryer, all elfs
century 21 leading edge realty inc.MLS® #C12329106
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Dimensions
Room dimensions are not available for this listing.
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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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!
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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
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 sold in Queen West
