438 Richmond Street W 608 (Parking Spot)

Waterfront Communities C1, Toronto, M5V 3S6

$79,000

Reduced $19,000 from $98,000

Photo 1 of 1
  • 0 bedrooms
  • 0 bathrooms
  • 1 parking
  • 0-499 sq ft

Listed 569 days ago · MLS® C12049248

About this home

Own a prime underground parking spot in the heart of downtown Toronto! Located at The Morgan, this secure and convenient parking space (P4-25) offers easy access for residents or investors looking for extra parking.

Details

Type
Parking Space
Size
0-499 sq ft
Garage
Underground
Kitchens
0
Maintenance fee
$31/month
Neighbourhood
Waterfront Communities C1
Municipality
Toronto C01

Parking

Garage spaces
1
Total parking
1

Condo

Building
The Morgan
Monthly fee
$31
Property manager
Brookfield Residential (416) 203-0256

More

Possession
Immediate
Cross street
Richmond & Spadina

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Osgoode Subway13 min walk
  • 🚇 St. Andrew Subway15 min walk
  • 🚆 Toronto Union Station GO1.4 km

Within a 10-minute walk: 24 grocery stores, 499 cafés and restaurants, 22 parks, 21 pharmacies. Nearest grocery: Bestco (250 m). Nearest park: St. Andrew's Playground (250 m).

Schools nearby

Elementary

  • Ogden Junior Public School
    EQAO: Gr 6 reading 77%, math 53%
    4 min walk
  • ALPHA Alternative Junior School4 min walk
  • Ryerson Community School
    EQAO: Gr 6 reading 65%, math 26%
    9 min walk
  • St. Mary Catholic School Catholic
    EQAO: Gr 6 reading 100%, math 38%
    11 min walk

Secondary

  • Oasis Alternative Secondary School4 min walk
  • Downtown Vocal Music Academy of Toronto Private9 min walk
  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    12 min walk

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 M5V

Owners / renters
42% / 58%
Median household income
$91,000
Average age
35
Children under 15
6%
Homes
0% detached, 97% high-rise
Commute by transit
23%
Population
59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

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 Wellington Place (2025): 31% above the Toronto average, down 8% from the year before.

  • Assault52% above average
  • Break and enter55% above average
  • Auto theft57% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings30% above 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 43 active

  • 156 JOHN ST · 450 m
    Site Plan · Application Received · applied 2026
    Proposed change of use from office to a hotel occupancy with ground floor modifications.
    Application details
  • 50 STEPHANIE ST · 500 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Combined Official Plan & Zoning By-law Amendment for an 11-storey purpose-built rental residential building atop a 3-storey podium. The proposed development…
    Application details
  • 489 KING ST W · 350 m
    Plan of Condominium · Under Review · applied 2025
    Draft Plan of Standard Condominium for 439 units.
    Application details
  • 445 ADELAIDE ST W · 350 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2025
    Zoning By-law Amendment for a 17-storey (59.65m including mechanical penthouse) hotel containing 144 suites.
    Application details
  • 111 PETER ST · 300 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Zoning By-law Amendment for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852…
    Application details
  • 111 PETER ST · 300 m
    Site Plan · Under Review · applied 2024
    Site Plan Approval for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852…
    Application details

48 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

  • 🚧 Chinatown 100 m
  • 🚧 King West GO Transit650 m
  • 🚧 Osgoode 850 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 CRE

Commercial Residential Employment (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

  • Interior Alterations · 2026 · Permit Issued
    Proposal for interior alterations to replace some equipment and the service counter.
  • Other · 2025 · Revision Issued
    REVISION 01: Beginning at the highest Floor, Install Hollow Steel Structure (HSS) columns with bent bar shoe at 22 BalconiesExterior…
  • Interior Alterations · 2019 · Inspection
    Proposal for interior alterations to existing apartment building unit 909
  • Interior Alterations · 2017 · Permit Issued
    Proposal for interior alterations to create a door between units 1507 and 1508 of existing multi unit building.
  • Interior Alterations · 2016 · Closed
    Minor inteiror alterations to existing condo unit to remove non-loadbearing wall. Unit 1122.

5 permits 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

62 City street trees within 100 m, mostly honeys. That’s more 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 ROYAL LEPAGE SIGNATURE REALTY.

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

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