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For sale · Condo Apartment

318 Richmond Street W #3001.

Waterfront Communities C1, Toronto, ON M5V 0B4

In Picasso on Richmond, 318 Richmond Street W
On the market14 days
MLS® C14080380Courtesy of Chestnut Park Real Estate Limited
Bedrooms1+1Plus a den
Bathrooms1
Square feet600–699About $923 per sq ft
ParkingNoneLocker: None

Buyer's market

Condo market in Waterfront Communities C1. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 37 days. Market data

Sales-to-new-listings ratio, last 3 months: 32%
Months of supply: 6.5

What it means

  • Buyer's market in Waterfront Communities C1: condos take about 37 days to sell.
  • About 6.5 months of condos for sale in Waterfront Communities C1 at the current pace of sales.

At a glance

Maintenance$502 / month
Property taxes$3,468 / year
Price per square footAbout $923
ExposureNorth West

About this home

Bright, spacious & rare corner 1 Bed+Den suite in the heart of Queen West, just a 5 minute walk from Osgoode subway. Meticulously cared for building that just underwent it's 2nd maintenance fee reduction (you read correctly!) reflected in new fiscal year budget summary. Exceptionally well maintained suite by same owner occupant since day 1, with rare wide layout, corner windows and clear views of the city. Suite features 9' ceilings, well proportioned room sizes and large closets in bedroom & foyer. Finishes include laminate flooring throughout; spacious kitchen with generous cabinet & counter space, built-in appliances, granite countertops & marble backsplash; Extra wide living/dining space with corner unobstructed floor to ceiling windows and walk-out to sheltered balcony; Modern bathroom finishes including neutral & light-coloured tiles, soaker tub & handheld shower fixture; Large bedroom that can accommodate King-size bed, open views and walk-in closet; and versatile den. Amenities include 24-7 concierge, fully equipped gym & yoga studio, his and her saunas, guest suite, bike storage rooms, party room with lounge areas, games room, TV lounge, and rooftop lounge with cabanas, outdoor fireplace, BBQ's & hot tub. Located a 5 minute walk from Osgoode subway and future Ontario Line station, across the street from No Frill's, 2 min walk from City Market or a little further to grocery shop Kensington Market. Eaton Centre, Waterworks Food Hall, The Well, Art Gallery of Ontario, OCAD, U of T, top hospitals, Union station and so much more, all in under 15 minute walk.

Suite details

Click the + to read more.

The suiteproperty type, style, size, exposure
Property type
Condo Apartment
Style
Apartment
Size
600–699 sq ft
Exposure
North West
Heating
Heat Pump
Cooling
Central Air
Basement
None
Year built
6-10
Possession
Flexible
Parking and storageparking, garage, locker
Parking
0
Garage
None
Locker
None
Fees and taxesmaintenance, property taxes, price per sq ft
Maintenance
$502/mo
Property taxes
$3,468 (2026)
Price per sq ft
$924
Building and rulesstoreys in building, pets
Storeys in building
29
Pets
Yes-with Restrictions
Rooms6 rooms with sizes
RoomLevelSizeFeatures
DenFlat2.24 × 1.83 mLaminate
Living RoomFlat4.39 × 5.74 mlarge window · laminate · combined w/dining
Dining RoomFlat4.39 × 5.74 mw/o to balcony · laminate · west view
KitchenFlat4.39 × 5.74 mgranite counters · b/i appliances · centre island
Primary BedroomFlat3.96 × 3.2 mwalk-in closet(s) · large window · laminate
OtherFlat2.62 × 1.5 mconcrete floor · nw view
What is includedAppliances and fixtures

Fridge, stove, oven, dishwasher, microwave, hood fan, washer/dryer, window blinds and hardwired light fixtures. Shelf above ensuite toilet, shelves above office in den.

Building amenitiesbike storage, gym, sauna
  • Bike Storage
  • Gym
  • Sauna
  • Guest Suites
  • Concierge
  • Party Room/Meeting Room

Maintenance fee includes: Water

What it could cost each month

— a month, estimated

With 20% down. Includes property tax and maintenance. Estimate only.

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  • Mortgage—
  • Maintenance—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

How this price compares

Members

17 suites sold at Picasso on Richmond in the last two years.

Sales activity in the building

Number of suites sold each quarter.

0 Jan–Mar 2025 2 sold, Apr to Jun 2025 2 Apr–Jun 2025 3 sold, Jul to Sep 2025 3 Jul–Sep 2025 6 sold, Oct to Dec 2025 6 Oct–Dec 2025 2 sold, Jan to Mar 2026 2 Jan–Mar 2026 0 Apr–Jun 2026 2 sold, Jul to Sep 2026 2 Jul–Sep 2026 0 Oct–Dec 2026 so far

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Sale and listing history

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The building and the area

Picasso on Richmond

The building

Picasso on Richmond

318 Richmond Street W · 29 storeys

Gym · Guest Suites · Party Room/Meeting Room · Concierge

1For sale now
4For rent now
9Sold, last 12 months

Listing brokerage · MLS® C14080380Chestnut Park Real Estate LimitedData last updated Oct 27, 2026 5:04 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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