320 Richmond St E #905, Toronto

Name: 320 Richmond Street E, Unit 905
SKU: C14032696
Price: 539000 CAD
Availability: InStock

1 Bed, 2 Bath Condo in Toronto

Unit 905 at 320 Richmond Street East

Bright, stylish and perfectly positioned for city living! With Soaring 10ft ceilings, this spacious 1+1 bedroom, 2-bath suite at The Modern offers 705 sq. ft. of thoughtfully designed living space. Floor-to-ceiling windows frame west-facing City views and fill the open-concept layout with incredible natural light from afternoon through sunset. New flooring & freshly painted throughout adds to the contemporary feel. The generous bedroom is a true retreat, with an abundance of closet space and a private 3-piece ensuite featuring a walk-in shower. The versatile den is ideal for a home office, creative space or guest area- a full 4-piece main bath makes hosting easy. Underground parking and a locker are included, giving you all the essentials for easy downtown living. Then there's the lifestyle. Enjoy an impressive range of amenities, including a rooftop oasis with outdoor pool, hot and cold plunge pools, cabanas, BBQ stations and panoramic skyline views. Stay active in the fully equipped gym and yoga/Pilates studio, or unwind in the sauna and steam rooms. A stylish party room, 24-hour concierge, guest suites, visitor parking and even a pet spa add everyday convenience. The best of downtown is right outside your door. St. Lawrence Market, the Distillery District, restaurants, cafes and nightlife are all within easy reach, with convenient access to the King and Queen streetcars, Financial District, DVP and the Gardiner too.

1 bedroom, 2 bathrooms, about 700 sq ft, works out to roughly $770 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 #905

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 700-799 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
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 #905 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 14, 2026For saleListedThis listingMLS® C14032696$539,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 320 Richmond St E #905 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 15,843 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $849,000
Average sold price: $1,083,179
Average days on market: 31
Homes sold: 9,532

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$849,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4977.1%On average, homes sold at or above asking.
Active listings12,793Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 17 – Jul 16, 2026: prices up.

Based on 9,532 sales from Jul 16 – Oct 14, 2026 (6,655 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 905 — 320 Richmond Street E 1 bd · 2 ba · 700 sqft	$539,000asking	$770	—	—
270 Wellington Street 1 bd · 1 ba · 600 sqft
195 Redpath Avenue 1 bd · 2 ba · 500 sqft
20 Minowan Miikan Lane 2 bd · 1 ba · 700 sqft
1815 Yonge Street 2 bd · 1 ba · 700 sqft
1101 Leslie Street 2 bd · 2 ba · 1,000 sqft
155 Merchants' Wharf N/A 2 bd · 2 ba · 800 sqft

270 Wellington Street
1 bd · 1 ba · 600 sqft
195 Redpath Avenue
1 bd · 2 ba · 500 sqft
20 Minowan Miikan Lane
2 bd · 1 ba · 700 sqft
1815 Yonge Street
2 bd · 1 ba · 700 sqft
1101 Leslie Street
2 bd · 2 ba · 1,000 sqft
155 Merchants' Wharf N/A
2 bd · 2 ba · 800 sqft

More in this building

8 for sale · 2 for rent at 320 Richmond St E — plus its sale and lease history.

See all of 320 Richmond St E

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Queen StationLine 1860 m11 min walk
King StationLine 1880 m11 min walk
TMU StationLine 11.0 km13 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Queen Station (Line 1)11 min walk
King Station (Line 1)11 min walk
TMU Station (Line 1)13 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Queen Station
860 m11 minClosest· Line 1
Homes near Queen Station
King Station
880 m11 min· Line 1
Homes near King Station
TMU Station
1.0 km13 min· Line 1
Homes near TMU Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 320 Richmond St E #905. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 320 Richmond St E #905

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,648; 20% down · 25 years · 5.5% assumed
Property tax: $296; 0.66% mill rate · ON
Total per month: $2,944; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,648

/mo

based on the purchase price of $539,000

Down payment20%

$107,800 cash

Amortization25 yr

$431,200 financed

Rate5.50%

$363,184 total interest

Principal54%$431,200

Interest46%$363,184

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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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Questions About 320 Richmond St E #905

How much is 320 Richmond St E #905 listed for?

320 Richmond St E #905 is listed at $539,000 (MLS® C14032696). Summitly updates the price as soon as the MLS® record changes.

Is $539,000 a good price for 320 Richmond St E #905?

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 #905 changed?

No — 320 Richmond St E #905 is still listed at its original asking price of $539,000.

How many bedrooms and bathrooms does 320 Richmond St E #905 have?

320 Richmond St E #905 has 1 bedroom and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.

Is 320 Richmond St E #905 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 #905?

About $2,648 a month — principal and interest on $539,000 with 20% down ($107,800), 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 #905 compare with other homes in Toronto?

Its asking price of $539,000 is about 37% below the median sold price in Toronto over the last 90 days, $849,000, across 9,532 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 #905 been sold before?

Summitly has no earlier MLS® sale or lease of 320 Richmond St E #905 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 320 Richmond St E #905?

320 Richmond St E #905 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 320 Richmond St E #905 been on the market?

320 Richmond St E #905 was listed today (October 14, 2026).

What is the price per square foot of 320 Richmond St E #905?

About $675 to $770 per square foot: the asking price of $539,000 over the 700–799 sq ft the listing gives as its size range.

Does 320 Richmond St E #905 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know