MLS® listing
320 Richmond Street E 304: condo apartment for sale
$319,999
From the listing brokerage
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!
Facts on the listing
| Square feet | 0-499 |
|---|---|
| Approximate age | 11-15 |
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $313 |
| Property tax | $1,629 |
| Tax year | 2025 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | West |
| Fee includes | Heat Included, Common Elements Included, Building Insurance Included, Water Included, CAC Included |
| Building amenities | Bike Storage, Concierge, Elevator, Guest Suites, Outdoor Pool, Rooftop Deck/Garden |
| Balcony | None |
| Laundry | In-Suite Laundry |
| Parking | Underground |
| Interior features | Carpet Free |
| Features | Clear View, Hospital, Park, Place Of Worship, Rec./Commun.Centre, Public Transit |
| View | City |
| Floor | 3 |
Listing courtesy of Johnston & Daniel. MLS® C13728932.
About this condo apartment
320 Richmond Street E 304 is a condo apartment in TRREB's Moss Park community in Toronto, listed for sale at $319,999. The listing shows 1 bathroom and 0-499 square feet. The style is given as apartment. The unit faces west. It comes with an underground garage according to the listing. The nearest main intersection given is Richmond Street & Sherbourne. The age is listed as 11-15 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: bike storage, concierge, elevator, guest suites, outdoor pool and rooftop deck/garden.
What it costs to buy 320 Richmond Street E 304
At the asking price of $319,999, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $319,999 |
|---|---|
| Ontario land transfer tax | $3,275 |
| Toronto municipal land transfer tax | $3,275 |
| Both taxes | $6,550 |
| First-time buyer relief, if you qualify | up to $6,550 |
| Minimum down payment | $16,000 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $313 a month |
|---|---|
| Property tax (2025) | $1,629 a year, about $136 a month |
| Fee and tax together | about $449 a month |
The listing says the maintenance fee includes heat, common elements, building insurance, water and cac. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $319,999, which is $230,001 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 320 Richmond Street E 304
How much is land transfer tax on 320 Richmond Street E 304?
At the asking price of $319,999 the Ontario tax is $3,275 and the Toronto tax is $3,275, $6,550 in total. A first-time buyer who qualifies can get up to $6,550 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 320 Richmond Street E 304?
$16,000 at the asking price of $319,999, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 320 Richmond Street E 304?
The listing shows $313 a month, including heat, common elements, building insurance, water and cac. Check the current fee in the status certificate.
How much is the property tax on 320 Richmond Street E 304?
The listing shows $1,629 a year for 2025, about $136 a month.
Is 320 Richmond Street E 304 priced above or below the median?
It is listed at $319,999. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $230,001 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 320 Richmond Street E 304?
Use the form on this page or call us. Quote MLS® C13728932. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 320 Richmond Street E 304 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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