320 Richmond Street Unit 304, Toronto C08

Price: $369,900

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13152812

Great starter or Investment. Welcome to this corner, bachelor suite unit with stainless steel appliances: Fridge, Stove, Dishwater, Microwave and ensuite laundry. Functional layout in the "Modern". Walk Score is 99. Transit Score 100. The unit features hardwood floors, ample closet space - 3 spacious closets for storage along with large window with a western view of the City. Residents enjoy an impressive collection of amenities including: fully equipped gym, sauna, panoramic city view from the rooftop patio with plunge pool & 24-hour concierge, along with dedicated meeting space and party rooms for hosting. Additional amenities include: bike storage and visitor parking. Located in the heart of downtown close to trendy coffee shops, restaurants and boutiques. Close to greenspace and an excellent proximity to all transit - TTC, Bus, Street Car. The Modern is one of Toronto's most connected downtown addresses with closet proximity to: Financial District, Distillery District, St Lawrence Market, Eaton Centre, George Brown and much more!

320 Richmond Street Unit 304 - Condo photo 1 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 2 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 3 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 4 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 5 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 6 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 7 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 8 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 9 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 10 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 11 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 12 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 13 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 14 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 15 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 16 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 17 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
320 Richmond Street Unit 304 - Condo photo 18 of 18 in Regent Park / Cabbagetown / St. James Town, Ontario
active
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$369,900 - 320 Richmond Street Unit 304, Cabbagetown

Condo for Sale in Cabbagetown

0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13152812
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
ROYAL LEPAGE/J & D DIVISION
Description

Great starter or Investment. Welcome to this corner, bachelor suite unit with stainless steel appliances: Fridge, Stove, Dishwater, Microwave and ensuite laundry. Functional layout in the "Modern". Walk Score is 99. Transit Score 100. The unit features hardwood floors, ample closet space - 3 spacious closets for storage along with large window with a western view of the City. Residents enjoy an impressive collection of amenities including: fully equipped gym, sauna, panoramic city view from the rooftop patio with plunge pool & 24-hour concierge, along with dedicated meeting space and party rooms for hosting. Additional amenities include: bike storage and visitor parking. Located in the heart of downtown close to trendy coffee shops, restaurants and boutiques. Close to greenspace and an excellent proximity to all transit - TTC, Bus, Street Car. The Modern is one of Toronto's most connected downtown addresses with closet proximity to: Financial District, Distillery District, St Lawrence Market, Eaton Centre, George Brown and much more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,897.78/mo

Includes CMHC insurance ($10,320)

$
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5%10%50%

5-yr fixed avg.

Principal: $332,910Interest: $226,103
Mortgage Amount$343,230
Total Interest$226,103
Est. Property Tax$262/mo
Total Cost$569,334

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Regent Park / Cabbagetown / St. James Town

Discover Regent Park / Cabbagetown / St. James Town

Regent Park / Cabbagetown / St. James Town is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Regent Park / Cabbagetown / St. James Town

  • Convenient location in Regent Park / Cabbagetown / St. James Town
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Regent Park / Cabbagetown / St. James Town offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

320 Richmond Street Unit 304, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$262
Insurance (est.)-$77
Net Cash Flow+$1,446

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Market Position

At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    320 Richmond Street Unit 304 | $369,900 | Battaglia Team