Maintenance Fees
Picasso on Richmond vs The Queen West Area
for sale
29 Days on Strata
- Est Sell Timeframe:
- 17 Days
3006 - 318 Richmond St W
$619,999
1 Bed + 1
1 Bath
0 Parking
639 SQFT
Price History
- Maintenance Fees:
- $567/mth
- Taxes:
- $3,424 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $970/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Nov 30
- Exposure:
- South
Amenities
Concierge
Rooftop Deck
Gym
Bike Storage
Party Room
Amenity details for reference only. Independently verify accuracy.
About this Listing
The Large Open Concept Bright & Spacious 1 Bedroom Plus Den Layout In The Heart Of Downtown Entertainment Location. 639Sf As Per Floor Plan. Well-Designed Functional Den, Perfect For Home Office Or Entertainment Area. Sought-after corner unit with open views and extra privacy. The Perfect Southeast Views from the 30+ Level with an Open Balcony. Rare private Locker Provided At The Same Level, Only One Like It On The Same Floor! Updated And Modern Kitchen, Bath with Premium Finishes. Games Room, Guest Suites, Gym, Yoga Room, Party/Meeting Room, Sauna, Hot Tub, Outdoor Lounge Area. 24/7 concierge, guest suites and rooftop terrace. TTC Transit With 99 Walk Score, Just steps To CN Tower, Subway Station,Cineplex, entertainment shops, Financial District, Restaurants, Shops.
ExtrasBuilt-In Fridge, Built-In Oven, Built-In Dishwasher, Microwave, Washer/Dryer Combo, All Elfs, Window Coverings If Any, One (1) Locker.
top assets realty inc.MLS® #C12481359
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
- Primary
- 11.25 x 10.01ft
- carpet free, 4 Piece Bath, Built-in Closet
- Living
- 16.24 x 15.42ft
- Laminate, Windows Floor to Ceiling, Walkout To Balcony
- Dining
- 16.24 x 15.42ft
- Combined with Living, Laminate, Open Concept
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Queen West
Map
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!
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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
Household Income
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%
Building Trends At Picasso on Richmond
Days on Strata
Units at Picasso on Richmond spend an average of
30
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Queen West
Turnover of Units
On average, each unit is owned for
6.4
YEARS before being sold againProperty Value
-9%
Decrease in property value within the past twelve months
Price Ranking
30th
Highest price per SQFT out of 53 condos in the Queen West area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
83
Units were Rented over the past twelve months
Best Value Rank
Picasso on Richmond offers the best value out of 53 condos in the Queen West neighbourhood
?
Appreciation Rank
Picasso on Richmond has the highest ROI out of 53 condos in the Queen West neighbourhood
?
Rental Yield
Picasso on Richmond yields the highest rent prices out of 53 condos in the Queen West neighbourhood
?
High Demand
Picasso on Richmond is the most popular building out of 53 condos in the Queen West neighbourhood
?
Market Insights
Transaction Insights at Picasso on Richmond
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $430,000 | $575,000 - $613,000 | $872,000 - $1,247,000 | $699,900 | No Data |
| Avg. Cost Per Sqft | No Data | $816 | $1,068 | $1,065 | $842 | No Data |
| Price Range | $1,825 - $2,100 | $2,100 - $2,600 | $2,300 - $2,850 | $3,200 - $3,500 | $2,950 - $3,550 | $4,000 |
| Avg. Wait for Unit Availability | 88 Days | 58 Days | 38 Days | 155 Days | 237 Days | 645 Days |
| Avg. Wait for Unit Availability | 23 Days | 12 Days | 11 Days | 46 Days | 58 Days | 209 Days |
| Ratio of Units in Building | 17% | 31% | 36% | 8% | 8% | 2% |
Market Inventory
Total number of units listed and sold in Queen West
