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For saleListed yesterdayMLS® C14082804

519 - 388 Richmond Street W, Toronto, ON M5V 3P1

Waterfront Communities, Toronto · Near Richmond St W & Spadina Ave · View map

$549,900
2Beds
2Baths
1000–1199Sq ft
Condo apartmentType
$1,007/moMaint. fee
Underground · 1 spaceGarage
1 totalParking
$4,162/yrTaxes
Call / Text Will
$549,900
Underground parking1 parking space in total
Private terraceYour own outdoor space
Heat & water includedCovered by the maintenance fee
City viewFrom the listing
Central airCool all summer
FireplaceCozy winters

About this home

Come one, come all! This is a renovation project you cannot afford to pass up! Where turnover is rare and demand is constant, this is a compelling opportunity to own in the highly sought-after District Lofts. Put your touch on this unique, triple-exposure, two-storey residence, seldom found in the Toronto Fashion District. Spanning just over 1,000 square feet, this loft benefits from south, west and north exposures, bringing in a dynamic quality of light that evolves throughout the day. The two-level design creates a natural rhythm between, understanding how people actually live. The main level is open, social and designed for movement while the upper level creates a more distinct sense of privacy above. Positioned in the most valuable pocket of Downtown Toronto, you are steps to King West, Queen West, acclaimed dining, sports and entertainment. A life re-imagined awaits!

The home

Type
Condo apartment
Style
2-Storey
Square footage
1000-1199 sq ft
Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
7
Basement
None
Faces
North West
Level
03
Balcony
Terrace
View
Clear, Downtown, City, Skyline
Laundry
In-Suite Laundry, Laundry Closet

Ownership & fees

Ownership
Condominium
Maintenance fee
$1,006.80/mo
Fee includes
Heat, Water, CAC, Common Elements, Building Insurance, Parking
Complex
District Lofts
Property management
First Service Residential (416) 293-5900
Pets
Allowed, with restrictions
Locker
Owned
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Underground
Garage spaces
1
Total parking
1
Parking features
Underground

Taxes & other

Property taxes
$4,162/yr
Tax year
2025
Occupancy
Owner
Possession
30 Days
Cross street
Richmond St W & Spadina Ave
Neighbourhood
Waterfront Communities

More

Price per sq ft
~$500 (at 1,100 sq ft)
Listed
Oct 15, 2026 · yesterday
MLS® number
C14082804

The home and its surroundings

  • Built-In Oven
  • Carpet Free
  • Countertop Range
  • Arts Centre
  • Hospital
  • Library
  • Park
  • Place Of Worship
  • Public Transit

Included in the maintenance fee

  • Heat
  • Water
  • CAC
  • Common Elements
  • Building Insurance
  • Parking

Shared in the complex

  • BBQs Allowed
  • Concierge
  • Exercise Room
  • Party Room/Meeting Room
  • Rooftop Deck/Garden
  • Visitor Parking
Want to know something that isn’t listed?
Estimated monthly cost$3,572per 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.
    Open the calculators
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    388 Richmond Street, Toronto, ON M5V 3P1

    Waterfront Communities, Toronto · Near Richmond St W & Spadina Ave

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    Sold history

    Listing history for 388 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 519 - 388 Richmond Street W

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

    How much is 519 - 388 Richmond Street W listed for, and what would it cost each month?

    519 - 388 Richmond Street W is listed for $549,900. With 20% down ($109,980), the mortgage payment would be roughly $2,218 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,572 a month, all in. That figure is an illustration, not a quote.

    Is 519 - 388 Richmond Street W freehold or a condo, and is there a monthly fee?

    519 - 388 Richmond Street W is a condo apartment in Waterfront Communities, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $1,006.80 a month. The listing says it covers heat, water, cac, common elements, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 519 - 388 Richmond Street W have?

    519 - 388 Richmond Street W has 2 bedrooms and 2 bathrooms. The listing gives the style as 2-storey.

    Does 519 - 388 Richmond Street W have a garage and parking?

    Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.

    Does 519 - 388 Richmond Street W have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 519 - 388 Richmond Street W?

    519 - 388 Richmond Street W 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 519 - 388 Richmond Street W?

    The listing puts the home between 1,000 and 1,199 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 519 - 388 Richmond Street W heated and cooled?

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

    What are the property taxes for 519 - 388 Richmond Street W?

    Property taxes are $4,162 a year (2025), or about $347 a month.

    Are pets allowed at 519 - 388 Richmond Street W?

    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 519 - 388 Richmond Street W?

    519 - 388 Richmond Street W is in the Waterfront Communities community of Toronto. The nearest main intersection is Richmond St W & Spadina Ave. The postal code is M5V 3P1.

    How long has 519 - 388 Richmond Street W been on the market?

    519 - 388 Richmond Street W was listed on October 15, 2026. It has been on the market for 1 day. It is an active listing (MLS® C14082804). Listings here update from the board through the day and come down once a home sells.

    What are similar condos near 519 - 388 Richmond Street W asking?

    Similar condos for sale nearby right now include 804 - 543 Richmond Street W at $629,900 (2 bed), 2203 - 330 Richmond Street W at $639,000 (2 bed) and 315 - 25 richmond Street E at $639,900 (2+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 388 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 519 - 388 Richmond Street W?

    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 647-619-2256.

    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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