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    for sale
    88 Days on Strata
    Est Sell Timeframe:
    17 Days

    908 - 438 Richmond St W

    $458,000
    Studio
    1 Bath
    0 Parking
    465 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $426/mth
    Taxes:
    $2,044 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $985/sqft
    Outdoor Space:
    None
    Locker:
    Owned
    Possession Date:
    Nov 3
    Exposure:
    North

    Amenities

    Gym
    Rec Room
    Sauna

    About this Listing

    Welcome to your new home at The Morgan - a standout Art Deco gem in the heart of Toronto's vibrant Fashion District! This spacious, open-concept studio suite offers a rare blend of historic charm and modern convenience. Inside, you'll find gorgeous wainscotting, extra high ceilings, and an abundance of storage. An in-suite stacked washer and dryer offers true convenience, while a full kitchen - complete with fridge, stove, and dishwasher - makes everyday living a breeze. Whether you're working from home, entertaining, or simply relaxing, this thoughtfully designed layout gives you the freedom and space to do it all. The Morgan is a well-managed and iconic building, built in 2002 but inspired by neighbouring 1920s landmarks, blending timeless architecture with modern living. Residents can soak up the benefits of a boutique living experience, padded out with full-scale amenities: concierge, gym, cinema, party and meeting rooms, sauna, a rooftop terrace with BBQs, and visitor parking. Ground-floor retail includes cafes and shops, adding unbeatable convenience to your daily routine! Location-wise, you're nestled between Queen and King Streets West, steps from Spadina Avenue, and surrounded by some of the best restaurants, shops, and galleries in the city. With the TTC just outside and Billy Bishop Airport just 20 minutes away, commuting is a breeze. Spend your weekend exploring Kensington Market, picnicking in Trinity Bellwoods Park, or walking along the waterfront, all within easy reach from your doorstep. From nightlife to nature, you'll have the best of Toronto right at your doorstep! Come experience stylish living in one of downtown's most desirable addresses!

    ExtrasFridge, Stove, Dishwasher, Washer, Dryer, All electrical light fixtures (not belonging to tenants), All window Coverings (not belonging to tenants)

    right at home realtyMLS® #C12364837

    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 10.6ft
    Combined with Br, Window, Laminate
    Primary
    19.19 x 10.6ft
    Combined with Living, Window, Laminate
    Kitchen
    10.99 x 6.99ft
    Open Concept, O/Looks Living, Ceramic Floor

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Queen West

    Map

    © OpenStreetMap
    map of location
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    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!

    Mortgage Calculator


    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    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%


    Days on Strata

    Units at The Morgan spend an average of
    12
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 53 condos in the Queen West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    The Morgan offers the
    ?
    best value out of 53 condos in the Queen West neighbourhood

    Appreciation Rank

    The Morgan has the
    ?
    highest ROI out of 53 condos in the Queen West neighbourhood

    Rental Yield

    The Morgan yields the
    ?
    highest rent prices out of 53 condos in the Queen West neighbourhood

    High Demand

    The Morgan is the
    ?
    most popular building out of 53 condos in the Queen West neighbourhood

    Market Insights

    Transaction Insights at The Morgan

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$619,000$805,000$815,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$980$975$958No DataNo DataNo Data
    Avg. Wait for Unit Availability342 Days105 Days175 Days114 Days777 DaysNo DataNo Data
    Ratio of Units in Building10%32%24%30%3%1%2%

    Market Inventory

    Total number of units listed and sold in Queen West