320 Richmond St E #316 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $599,000. It has 800-899 sq ft of living space.
1In the summer, enjoy all the rooftop patio has to offer, including a swim spa, a hot tub, multiple patios, and communal BBQs, all overlooking the city skyline and the CN Tower.
2Additional building amenities include a party room, movie room, cards room, guest suites, bike storage, and ample visitor parking.
3James Park, and the beautiful Allan Gardens Conservatory.
They don't make family-sized homes like this anymore! This 825 sq ft, 2-bedroom, 2-bathroom condo (plus a 45 sq ft balcony) features a well-thought-out layout with ample storage and a desirable split-bedroom design. Recent upgrades include fresh paint (2026), updated flooring (2025), and a newer washer/dryer (2024).The living room/dining room features a functional L-shape layout centred around the heart of the home: the kitchen, complete with a kitchen island. The home faces east for the morning sun and offers tons of storage, including a deep coat closet, a linen closet, a wall-to-wall closet in the second bedroom, and two XL closets in the primary suite. Residents enjoy an amenity-rich building, including 24-hour concierge/security, a full-sized gym, a yoga room, and a co-ed sauna and steam room. In the summer, enjoy all the rooftop patio has to offer, including a swim spa, a hot tub, multiple patios, and communal BBQs, all overlooking the city skyline and the CN Tower. Additional building amenities include a party room, movie room, cards room, guest suites, bike storage, and ample visitor parking. Excellent location, walking distance to St. Lawrence Market, the King East design district, Old Town Toronto, St. James Park, and the beautiful Allan Gardens Conservatory. Transit is at your doorstep, with easy access to the King and Queen streetcars. Steps from the upcoming Food Basics and Shoppers Drug Mart, part of the ROQ development at Queen/Ontario St.
2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $749 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 320 Richmond St E #316
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
800-899 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
320 Richmond St E #316 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13756646$599,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 320 Richmond St E #316 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,943
/mo
based on the purchase price of $599,000
$119,800 cash
$479,200 financed
$403,612 total interest
Principal54%$479,200
Interest46%$403,612
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $599K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4908.8%On average, homes sold at or above asking.
Active listings12,696Homes for sale here right now.
Median vs prior 90 days+0.1%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 9,667 sales from Jul 28 – Oct 26, 2026 (6,902 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
7 for sale · 4 for rent at 320 Richmond St E — plus its sale and lease history.
320 Richmond St E #316 is listed at $599,000 (MLS® C13756646). Summitly updates the price as soon as the MLS® record changes.
Is $599,000 a good price for 320 Richmond St E #316?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 320 Richmond St E #316 changed?
No — 320 Richmond St E #316 is still listed at its original asking price of $599,000.
How many bedrooms and bathrooms does 320 Richmond St E #316 have?
320 Richmond St E #316 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Toronto.
Is 320 Richmond St E #316 close to transit?
The nearest rapid-transit station is Queen Station (Line 1), about 860 m (about a 11-minute walk) in a straight line. King Station is about 880 m (about a 11-minute walk), and TMU Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 320 Richmond St E #316?
About $2,943 a month — principal and interest on $599,000 with 20% down ($119,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 320 Richmond St E #316 compare with other homes in Toronto?
Its asking price of $599,000 is about 29% below the median sold price in Toronto over the last 90 days, $840,000, across 9,667 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 320 Richmond St E #316 been sold before?
Summitly has no earlier MLS® sale or lease of 320 Richmond St E #316 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 320 Richmond St E #316?
320 Richmond St E #316 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 320 Richmond St E #316 been on the market?
48 days — 320 Richmond St E #316 was listed on September 8, 2026.
What is the price per square foot of 320 Richmond St E #316?
About $666 to $749 per square foot: the asking price of $599,000 over the 800–899 sq ft the listing gives as its size range.
Does 320 Richmond St E #316 have parking or a garage?
