Welcome to The Morgan - where downtown living still comes with space, character, and a real sense of home. Set in one of King West's most recognizable art deco-inspired buildings, this suite offers the kind of practical, livable layout that has become increasingly hard to find in newer condos. Comfortable, well-proportioned, and ready for its next chapter, it's the perfect opportunity to move in as-is or make it your own. Step outside and you're surrounded by the best of King West, Queen West, the Entertainment District, and the Financial Core, with the future King West Ontario Line station coming nearby. Restaurants, cafes, nightlife, transit, work, and everyday conveniences are all within easy reach. The Morgan is a well-managed building with 24-hour concierge, quality amenities, a rooftop terrace, and a strong downtown community. If you're looking for a condo with more substance, better proportions, and a location that truly delivers, this is it.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $915 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 438 Richmond St W #621
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 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
438 Richmond St W #621 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14096204$549,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 438 Richmond St W #621 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
$2,697
/mo
based on the purchase price of $549,000
$109,800 cash
$439,200 financed
$369,922 total interest
Principal54%$439,200
Interest46%$369,922
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 $549K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5097.1%On average, homes sold at or above asking.
Active listings12,531Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 9,303 sales from Jul 24 – Oct 22, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
438 Richmond St W #621 is listed at $549,000 (MLS® C14096204). Summitly updates the price as soon as the MLS® record changes.
Is $549,000 a good price for 438 Richmond St W #621?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above 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 438 Richmond St W #621 changed?
No — 438 Richmond St W #621 is still listed at its original asking price of $549,000.
How many bedrooms and bathrooms does 438 Richmond St W #621 have?
438 Richmond St W #621 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 438 Richmond St W #621 close to transit?
The nearest rapid-transit station is Osgoode Station (Line 1), about 880 m (about a 11-minute walk) in a straight line. St. Andrew Station is about 960 m (about a 12-minute walk), and St. Patrick 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 438 Richmond St W #621?
About $2,697 a month — principal and interest on $549,000 with 20% down ($109,800), 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 438 Richmond St W #621 compare with other homes in Toronto?
Its asking price of $549,000 is about 35% below the median sold price in Toronto over the last 90 days, $845,000, across 9,303 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 438 Richmond St W #621 been sold before?
Summitly has no earlier MLS® sale or lease of 438 Richmond St W #621 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 438 Richmond St W #621?
438 Richmond St W #621 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 438 Richmond St W #621 been on the market?
3 days — 438 Richmond St W #621 was listed on October 19, 2026.
What is the price per square foot of 438 Richmond St W #621?
About $785 to $915 per square foot: the asking price of $549,000 over the 600–699 sq ft the listing gives as its size range.
Does 438 Richmond St W #621 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
