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$479,000Asking Price

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

St. James, Toronto

Condo
1
Bedroom
1
Bath
0
Parking
Days on Market

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.

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Tour 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.

Key Info

  • Apartment Condo
  • No Parking
  • No Garage
  • Sherbourne St & Richmond St E
  • 500-599 Approximate Sq Feet
  • South Exposure
  • Open Balcony
  • Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $497 Monthly Condo Fees
  • Includes: Common Elements.
  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Building Insurance, Parking
  • Amenities: Concierge, Guest Suites, Gym, Sauna
  • Taxes were $2,338 in 2025
  • Possession: 60-90 Days

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #1625
  • Condo Registry Office: TSCC
  • MLS #C13610738
  • REAL BROKER ONTARIO LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Flat 7.58' x 7.74'
2 Bathroom Flat 7.68' x 7.51'
Washroom1 4-Piece Bathroom in Flat

Who lives here?

St. James, Toronto is a central Toronto neighbourhood notable for its singles, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 49.

Families

Kids Per Family

0.4

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

54% of residents are
single and loving it.

54% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

47% of residents
are renters.

47% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

74% of residents are
university grads.

74% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$160K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Business 19%
Management 14%
Government 14%
Sales 12%
Sciences 9%

Immigrants

33% of residents were
born outside of Canada.

33% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 2.0% of immigrants.
India 2.0%
Philippines 2.0%
UK 1.8%
Hong Kong 1.6%

2.0% from China
All-time

Birthplace - Recent

China was once home to 1.1% of immigrants.
India 0.9%
Iran 0.7%
Russia 0.6%
UK 0.5%

1.1% from China
Recent

Foreign Languages

Foreign Languages

French 4%
Cantonese 3%
Spanish 2%
Russian 2%
Mandarin 2%

Religions

Religions

Christian 48%
Muslim 4%
Hindu 3%
Jewish 3%
Buddhist 2%

Social Housing

Social Housing Buildings

2

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

6

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)