This is Modern Love. Where style meets sunshine in this perfect 2 bedroom, 2 bathroom corner suite with an incredibly spacious balcony. East-facing views so glorious, you and your plants will thrive. Step into your open-concept layout where floor-to-ceiling and wall-to-wall windows flood the space with morning glory glow. The primary bedroom is basically your personal sanctuary, complete with a private ensuite bathroom, double closets and direct balcony access. Morning coffee in a robe anyone? Outside your door? Everything. The Modern sits at Richmond & Sherbourne, steps to the Distillery District, St. James Park, King Street, and Allan Gardens. Forgot milk or need a manicure? The ground-level retail has you covered. The new Ontario Line station will be conveniently located just one block North at Moss Park Station, offering seamless connections and convenient transfers to transit lines. And when it's time to unwind or entertain, the amenities shine. A hotel worthy rooftop pool and sundeck, sauna, party room, guest suites, and visitor parking. Yes, your friends will want to come over. This is downtown living with a heartbeat. Stylish, social, and smart. Welcome to The Modern.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $713 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 #1115
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 #1115 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14126898$499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 320 Richmond St E #1115 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
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
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.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $499K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5105.6%On average, homes sold at or above asking.
Active listings12,869Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 2 – Jul 31, 2026.
Based on 9,287 sales from Jul 31 – Oct 29, 2026 (6,995 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
6 for sale · 4 for rent at 320 Richmond St E — plus its sale and lease history.
320 Richmond St E #1115 is listed at $499,000 (MLS® C14126898). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 320 Richmond St E #1115?
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 #1115 changed?
No — 320 Richmond St E #1115 is still listed at its original asking price of $499,000.
How many bedrooms and bathrooms does 320 Richmond St E #1115 have?
320 Richmond St E #1115 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 320 Richmond St E #1115?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), 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 #1115 compare with other homes in Toronto?
Its asking price of $499,000 is about 41% below the median sold price in Toronto over the last 90 days, $840,000, across 9,287 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 #1115 been sold before?
Summitly has no earlier MLS® sale or lease of 320 Richmond St E #1115 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 320 Richmond St E #1115?
320 Richmond St E #1115 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 320 Richmond St E #1115 been on the market?
1 day — 320 Richmond St E #1115 was listed on October 28, 2026.
What is the price per square foot of 320 Richmond St E #1115?
About $625 to $713 per square foot: the asking price of $499,000 over the 700–799 sq ft the listing gives as its size range.
Does 320 Richmond St E #1115 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 320 Richmond St E #1115 have a basement, and is it finished?
The listing says 320 Richmond St E #1115 has no basement.
