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    311 Richmond Street E

    311 Imperial Square
    1for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    11
    Number of Units:
    90
    Condo Completion:
    2001
    Condo Demand:
    Medium
    Unit Size Range:
    343 - 1,000 SQFT
    Unit Availability:
    Low

    Listing History for 311 Imperial Square

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    Amenities

    Bike Storage
    Gym Room
    Rec Room
    Visitor Parking
    Rooftop Deck
    Games Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 311 Richmond Street E311 Imperial Square

    Now renowned for developing top-quality residences with lasting value, the Plaza Corporation initially helped to solidify their reputation by creating buildings like 330 @ Imperial Square and the 311 Imperial Square. Built in 2001, these condos at 311 Richmond Street East, at the intersection of Richmond and Sherbourne, have since become an attractive fixture of the St. Lawrence neighbourhood.

    Standing at 11 storeys high, the 311 at Imperial Square is clad with charming brickwork. Dark red tones frame sets of wide windows that stretch vertically along nearly the entire building. These windows also happen to be placed beside grand series of private balconies, with curved glass walls whose blue tint beautifully catches the sunlight.

    Inside, the building offers its residents a useful selection of amenities. This includes a well-equipped exercise room, a welcoming party room for entertaining guests, and a versatile recreation room. But perhaps the 311 Imperial Square Condos best amenity is technically found outside the building itself. On the rooftop, residents can enjoy access to a carefully landscaped terrace that’s both equipped for barbecuing and taking in the captivated views of the city. It's a good thing the condo contains ample visitor parking — residents can host some outstanding summer parties here.

    The Suites

    The boutique building houses just 90 downtown Toronto condos, which are well suited for young professionals and couples. Toronto condos for sale throughout the building vary considerably, including studio, one- and two-bedroom floor plans, and ranging in size from approximately 400 to 1,000 square feet. Regardless of their specific size, though, 311 Richmond East’s suites all feel quite comfortable, courtesy of their open concept living spaces, many of which extend out onto cozy private balconies.

    Even those living in units without outdoor spaces can bask in the warm sunshine (when the weather cooperates that is), thanks to the building’s abundance of natural light that flows into the suites through floor-to-ceiling windows. This light, along with the suites’ engineered hardwood flooring, provides the homes with a warm and comforting atmosphere.

    The Neighbourhood

    Nestled into the northeast corner of the St. Lawrence neighbourhood, the 311 Imperial Square Condos sits at a popular intersection for residential developments. As expected, then, a number of delicious dining experiences can be found in 311 Richmond East’ neighbourhood.

    At the west end of their block sits the George Street Diner, a well-established, inexpensive, and proudly local spot where residents can grab some classic Canadian fare. Alternatively, just across the intersection from the 311 Imperial Square Condos, residents can often enjoy perhaps the most classic of Canadian cuisine: Tim Hortons.

    And for the residents who are curious about Canada’s top emerging chefs, they should plan ahead and make a reservation at the Chef’s House. A nearby restaurant at the corner of King Street East and Frederick, the Chef’s House is staffed by culinary art and hospitality students from George Brown College, which also inhabits the area.

    Finally, for those living in the 311 Imperial Square Condos who may consider themselves chefs — at least when feeding their friends and family — residents easily can grab fresh ingredients from the halls of the historic St. Lawrence Market. Located at Front Street and Jarvis, it’s less than a ten-minute walk, and definitely worth the journey. While tourists may travel from far and wide to visit the market and try a famous peameal sandwich from Carousel Bakery, residents living around the corner can visit during off hours in order to purchase fresh produce, meat, cheese, baked goods, and more.

    Transportation

    Getting around the city is easy for residents in the building. For one, drivers enjoy how quickly traffic moves on Richmond in the downtown core because of its efficient one-way designation that moves westbound. Alternatively, when drivers need to head east, they only need to head a block south to Adelaide Street, another one-way street in the downtown core. Moreover, Adelaide takes drivers to a northbound access point from which they can merge onto the Don Valley Parkway in less than five minutes.

    Last but not least, residents who prefer public transit are well served by the TTC’s 501 Streetcar. This route runs east and west across much of the city, and allows riders to connect to the Yonge-University-Spadina subway line. The 501 streetcar also happens to stop just a block from 311 Richmond, at the corner of Sherbourne and Queen.

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    Explore Neighbourhood

    9/10
    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!

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    311 Imperial Square vs The St. Lawrence Area

    Days on Strata

    Units at 311 Imperial Square spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    311 Imperial Square offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    311 Imperial Square has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    311 Imperial Square yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    311 Imperial Square is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 311 Richmond Street E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$450,000No DataNo DataNo DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$1,102No DataNo DataNo DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability763 Days117 Days1190 Days487 Days401 DaysNo DataNo Data
    Ratio of Units in Building12%62%5%13%8%2%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in St. Lawrence