MLS® listing
313 Richmond Street E 1050: condo apartment for sale
$629,900
From the listing brokerage
Rarely offered 1 bedroom plus den at The Richmond, with the kind of outdoor space downtown condos almost never have. The private terrace is the star of the show; a true extension of your home, with room to entertain, dine outdoors, or simply unwind above the city. Inside, 790 sq ft is well laid out as an open plan with a full kitchen, a good sized pantry, and defined dining and living areas. The den has a proper door, giving you a private home office or guest space that functions as a separate space. At 147 sq ft, the terrace is made for real use, not just a chair and a plant. Beyond your unit, everyday convenience is built in: your locker is on the same floor as the suite, and your parking spot sits close to the elevator. Living here gives you quick access to St. Lawrence Market, the Distillery District, King East shops and restaurants, parks, and TTC, with quick access to the Financial District, the Gardiner, and the DVP. Some photos virtually staged.
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $759 |
| Property tax | $3,161 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | North East |
| Fee includes | Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included |
| Building amenities | Community BBQ, Concierge, Exercise Room, Party Room/Meeting Room, Rooftop Deck/Garden |
| Balcony | Terrace |
| Laundry | Ensuite, In-Suite Laundry |
| Parking | Underground |
| Interior features | None |
| Floor | 10 |
Listing courtesy of RE/MAX ULTIMATE REALTY INC.. MLS® C14152446.
About this condo apartment
313 Richmond Street E 1050 is a 2 bedroom condo apartment in TRREB's Moss Park community in Toronto, listed for sale at $629,900. The listing shows 1 bathroom and 700-799 square feet. The style is given as apartment. The unit faces north east. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Richmond & Sherbourne.
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: community bbq, concierge, exercise room, party room/meeting room and rooftop deck/garden.
What it costs to buy 313 Richmond Street E 1050
At the asking price of $629,900, 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 | $629,900 |
|---|---|
| Ontario land transfer tax | $9,073 |
| Toronto municipal land transfer tax | $9,073 |
| Both taxes | $18,146 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $37,990 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. 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 | $759 a month |
|---|---|
| Property tax (2026) | $3,161 a year, about $263 a month |
| Fee and tax together | about $1,023 a month |
The listing says the maintenance fee includes heat, hydro, water, cac, common elements, building insurance and parking. 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 $629,900, which is $79,900 above 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. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- 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 313 Richmond Street E 1050
How much is land transfer tax on 313 Richmond Street E 1050?
At the asking price of $629,900 the Ontario tax is $9,073 and the Toronto tax is $9,073, $18,146 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 313 Richmond Street E 1050?
$37,990 at the asking price of $629,900, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 313 Richmond Street E 1050?
The listing shows $759 a month, including heat, hydro, water, cac, common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 313 Richmond Street E 1050?
The listing shows $3,161 a year for 2026, about $263 a month.
Is 313 Richmond Street E 1050 priced above or below the median?
It is listed at $629,900. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $79,900 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 313 Richmond Street E 1050?
Use the form on this page or call us. Quote MLS® C14152446. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 313 Richmond Street E 1050 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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