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    101 - 676 Richmond St W

    $1,398,0002 bds2 ba1 pk1,413 sqft
    32 Days on Strata
    Est Sell Timeframe:
    17 Days
    $1,398,000
    2 Beds
    2 Bath
    1 Parking
    1,413 SQFT

    Listing History


    Details

    Ownership Type:

    Condominium

    Property Type:

    Hard Loft

    Maintenance Fees:

    $862/mth

    Taxes:

    $5,014 (2024)

    Cost Per Sqft:

    $989/sqft

    Outdoor Space:

    Terrace

    Locker:

    None

    Exposure:

    South

    Possession Date:

    60-90 days

    Laundry:

    Upper

    Amenities

    BBQs Allowed
    Bike Storage
    Security System

    About this Listing

    This Is Your Opportunity To Own A Piece Of History In One Of Toronto's Most Sought-After Loft Conversions - The Industrial Revolution Lofts! This Two-Bedroom, 1413 Square Feet, South-Facing, Sundrenched Residence Provides An Abundance Of Natural Light Throughout And Showcases A Dramatic 18-Foot Window Wall Overlooking A Private Garden Terrace. The Well-Defined Principal Rooms Feature Soaring Ceilings And Are Designed For Seamless Entertaining As They Accommodate An Unrivaled Living Experience Promoting Social Circulation. The Expansive Kitchen Features Full-Sized Appliances & Provides Functionality With Ample Storage & A Large Breakfast Bar. The Expansive Lower Level Primary Bedroom Retreat Provides Flexibility And Is Currently Being Utilized As A Hair Salon With Work/Live Zoning. The Convenient, Upper Level Second Bedroom Is Perfect For Guests, Families Or Those In Need Of A Home Office Or Studio Space. The South-Facing, Garden Terrace Oasis Is Perfect For Summertime Entertaining, BBQing & Relaxation And Seamlessly Opens To Richmond Street West.

    ExtrasIncludes Fridge, Stove, Microwave, Range Hood, Dishwasher, Washer & Dryer, All Lighting Fixtures & Window Treatments & Parking.

    re/max hallmark bibby group realtyMLS® #C12034435

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Water
    Parking
    Building Maintenance
    Not Included
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    hardwood floor, Gas Fireplace, O/Looks Garden

    18.28 x 15.85ft

    Dining

    hardwood floor, Open Concept, South View

    18.28 x 15.85ft

    Kitchen

    hardwood floor, Stainless Steel Appliances, Breakfast Bar

    11.32 x 9.02ft

    Primary

    hardwood floor, 4 Piece Ensuite, Closet

    15.58 x 15.85ft

    2nd Bedroom

    Separate Room, O/Looks Living

    12.04 x 9.68ft

    Buyer's Market
    Balanced
    Seller's Market

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    9/10
    Walkability
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    10/10
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    6/10
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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
    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 Industrial Revolution I Lofts spend an average of
    8
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    6%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    8%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 52 condos in the Queen West area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Industrial Revolution I Lofts offers the
    ?
    best value out of 52 condos in the Queen West neighbourhood

    Appreciation Rank

    Industrial Revolution I Lofts has the
    ?
    highest ROI out of 52 condos in the Queen West neighbourhood

    Rental Yield

    Industrial Revolution I Lofts yields the
    ?
    highest rent prices out of 52 condos in the Queen West neighbourhood

    High Demand

    Industrial Revolution I Lofts is the
    ?
    most popular building out of 52 condos in the Queen West neighbourhood

    Market Insights

    Transaction Insights at Industrial Revolution I Lofts

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$830,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$1,172No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability944 DaysNo DataNo Data1156 DaysNo Data
    Ratio of Units in Building12%6%36%42%6%

    Market Inventory

    Total number of units listed and sold in Queen West