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For saleMLS® C13610738

1416 - 255 Richmond Street E, Toronto, ON M5A 4T7

Moss Park, Toronto · Near Sherbourne St & Richmond St E · View map

$479,000
1Beds
1Baths
500–599Sq ft
Condo apartmentType
$497/moMaint. fee
NoneParking
$2,338/yrTaxes
Call / Text Will
$479,000
Central airCool all summer

About this home

Radiant on Richmond! Welcome to Suite 1416 at Space Lofts, a bright one-bedroom perched on the 14th floor with a completely unobstructed south view of the downtown skyline. Floor-to-ceiling windows pull light across the open-concept living space all day long, framed by the exposed concrete and clean loft lines this Triloft building has been loved for. Updated floors run throughout, and a full set of new appliances means the big purchases are already done. The layout lives larger than its footprint: a proper bedroom, a functional kitchen open to the living area, and a wall of glass that turns the city into your artwork. Space Lofts backs it up with a gym, sauna, party room, guest suite, visitor parking and bike storage. Out the front door you are steps to St. Lawrence Market, the King East Design District, the Distillery District, and every streetcar you could need, with the future Ontario Line station one block away. First-time buyers, pied-à-terre hunters and investors: this is the south-facing loft view everyone asks for, at the quiet east end of downtown.

The home

Type
Condo apartment
Style
Apartment
Square footage
500-599 sq ft
Bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
4
Basement
None
Faces
South
Level
10
Balcony
Open
Laundry
Ensuite

Ownership & fees

Ownership
Condominium
Maintenance fee
$497.11/mo
Fee includes
Common Elements
Complex
TSCC 1625
Property management
FirstService Residential
Pets
Allowed, with restrictions
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Total parking
None

Taxes & other

Property taxes
$2,338/yr
Tax year
2025
Occupancy
Owner
Possession
60-90 Days
Cross street
Sherbourne St & Richmond St E
Neighbourhood
Moss Park

More

Price per sq ft
~$871 (at 550 sq ft)
MLS® number
C13610738

Included in the maintenance fee

  • Common Elements

Shared in the complex

  • Bike Storage
  • Gym
  • Party Room/Meeting Room
  • Sauna
  • Concierge
  • Guest Suites
Want to know something that isn’t listed?
Estimated monthly cost$2,624per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    255 Richmond Street, Toronto, ON M5A 4T7

    Moss Park, Toronto · Near Sherbourne St & Richmond St E

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    Sold history

    Listing history for 255 Richmond Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1416 - 255 Richmond Street E

    Answers come straight from this home’s MLS® listing.

    How much is 1416 - 255 Richmond Street E listed for, and what would it cost each month?

    1416 - 255 Richmond Street E is listed for $479,000. With 20% down ($95,800), the mortgage payment would be roughly $1,932 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $2,624 a month, all in. That figure is an illustration, not a quote.

    Is 1416 - 255 Richmond Street E freehold or a condo, and is there a monthly fee?

    1416 - 255 Richmond Street E is a condo apartment in Moss Park, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $497.11 a month. The listing says it covers common elements. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 1416 - 255 Richmond Street E have?

    1416 - 255 Richmond Street E has 1 bedroom and 1 bathroom.

    Does 1416 - 255 Richmond Street E have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    Does 1416 - 255 Richmond Street E have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 1416 - 255 Richmond Street E?

    1416 - 255 Richmond Street E is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.

    How big is 1416 - 255 Richmond Street E?

    The listing puts the home between 500 and 599 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 1416 - 255 Richmond Street E heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 1416 - 255 Richmond Street E?

    Property taxes are $2,338 a year (2025), or about $195 a month.

    Are pets allowed at 1416 - 255 Richmond Street E?

    Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.

    Where is 1416 - 255 Richmond Street E?

    1416 - 255 Richmond Street E is in the Moss Park community of Toronto. The nearest main intersection is Sherbourne St & Richmond St E. The postal code is M5A 4T7.

    Is 1416 - 255 Richmond Street E still for sale?

    Yes. It is an active listing (MLS® C13610738). Listings here update from the board through the day and come down once a home sells.

    What are similar condos near 1416 - 255 Richmond Street E asking?

    Similar condos for sale nearby right now include PH2 - 255 Richmond Street E at $460,000 (1 bed), 122 - 255 Richmond Street E at $519,000 (1 bed) and 314 - 25 Richmond Street E at $524,900 (1+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 255 Richmond Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1416 - 255 Richmond Street E?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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