Salehian.com 647-325-5000

255 Richmond Street E 1416

Moss Park, Toronto, M5A 4T7 · More in this building

$479,000

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  • 1 bedrooms
  • 1 bathrooms
  • 0 parking
  • 500-599 sq ft

Listed 84 days ago · MLS® C13610738

About 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.

Details

Type
Condo Apartment
Style
Apartment
Size
500-599 sq ft
Basement
None
Garage
None
Kitchens
1
Property tax
$2,338 (2025)
Maintenance fee
$497/month
Neighbourhood
Moss Park
Municipality
Toronto C08
Price per sq ft
$872 (about the same as condo apartments in Moss Park)
Fee per sq ft
$0.90/month (Toronto median $0.92)

Interior

Bedrooms
1 above ground
Bathrooms
1 × 4-piece (flat)
Rooms
4 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick

Condo

Monthly fee
$497
Fee includes
Common Elements Included
Amenities
Bike Storage, Gym, Party Room/Meeting Room, Sauna, Concierge, Guest Suites
Balcony
Open
Exposure
South
Pets
Yes-with Restrictions
Property manager
FirstService Residential

More

Possession
60-90 Days
Cross street
Sherbourne St & Richmond St E

Rooms

RoomLevelSizeFeatures
KitchenFlat2.31 × 2.36 m (7'7" × 7'9")
Dining RoomFlat3.41 × 2.02 m (11'2" × 6'8")
Living RoomFlat3.08 × 4.42 m (10'1" × 14'6")
BedroomFlat2.85 × 4.25 m (9'4" × 13'11")Walk-In Closet(s)
BathroomFlat2.34 × 2.29 m (7'8" × 7'6")

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Queen Subway11 min walk
  • 🚇 King Subway11 min walk
  • 🚆 Toronto Union Station GO1.2 km

Within a 10-minute walk: 17 grocery stores, 264 cafés and restaurants, 24 parks, 23 pharmacies. Nearest grocery: Parsian Fine Foods (250 m). Nearest park: Moss Park (250 m).

Schools nearby

Elementary

  • École élémentaire Gabrielle-Roy French
    EQAO: Gr 6 reading 100%, math 88%    7 min walk
  • Market Lane Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 50%    8 min walk
  • St. Michael Catholic School Catholic
    EQAO: Gr 6 reading 83%, math 36%    9 min walk
  • Downtown Alternative School9 min walk

Secondary

  • Inglenook Community School
    EQAO: literacy test 50%    14 min walk
  • Collège français French1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5A

Owners / renters
35% / 65%
Median household income
$71,000
Average age
40
Children under 15
9%
Homes
0% detached, 78% high-rise
Commute by transit
28%
Population
48,978

Languages spoken most at home besides English: Bengali 1.8%, Mandarin 1.7%, Yue (Cantonese) 1.5%, Spanish 1.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Moss Park (2025): 119% above the Toronto average, about the same from the year before.

  • Assault190% above average
  • Break and enter85% above average
  • Auto theft64% below average
  • Robbery112% above average
  • Theft from vehicles30% above average
  • Shootings58% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 37 active

  • 134 JARVIS ST · 300 m
    Site Plan · Under Review · applied 2026
    Proposed 11-space surface commercial parking lot.
    Application details
  • 231 RICHMOND ST E · 50 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Condominium for 39-storey mixed-use development with four levels of underground parking, and containing 516 residential dwelling units.
    Application details
  • 207 JARVIS ST · 400 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    This application proposes to amend the Official Plan and Zoning By-law to permit a 32-storey mixed-use building, containing 315 dwelling units (including 38…
    Application details
  • 65 ADELAIDE ST E · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Combined Official Plan & Zoning By-law Amendment for a new 63-storey mixed-use building, containing approximately 370 dwelling units.
    Application details
  • 120 CHURCH ST · 450 m
    Plan of Condominium · Draft Plan Approved · applied 2025
    Standard condominium application to create 592 residential units within a 48-storey mixed-use building. There will be 4 levels of below grade parking.
    Application details
  • 191 SHERBOURNE ST · 450 m
    Site Plan · Under Review · applied 2024
    Site Plan application to permit two tall buildings (39- and 40-storeys), containing 693 new residential dwelling units, 525 square metres of non-residential…
    Application details

52 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Moss Park 200 m
  • 🚧 Distillery District 550 m
  • 🚧 Queen 700 m

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Garage Repair/Reconstruction · 2017 · Closed
    Proposed cancrete repairs to existing parking garage.

1 permit on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

15 City street trees within 100 m, mostly maples. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REAL BROKER ONTARIO LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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