Barbeques, Fitness Centre, Games Lounge, Lobby Lounge, Social Lounge, Theatre Room, Workshop/Craft Room, Children’s Play Area, Gear Shop, Rooftop Dining & Lounge Area, Party Room, Pet Wash, Dog Run, Terrace
Building Type – Condo
Suite Size – 355 – 1091 sq ft
Building Status – Preconstruction
Selling Status – Selling Now
Originate Developments Inc. is the developer of the new mixed-use high-rise condominium project in Toronto called Reside On Richmond Condos. Located in the West Queen West neighborhood at 627 Richmond St. W., the southwest corner of Bathurst St. and Richmond St., is an 18-story pre-construction project with 216 units.
This condominium will be extremely convenient for its residents and have both residential and retail functions. A variety of suites, ranging from studios to three-bedrooms, will be available for rent, along with first-rate amenities including a grocery shop.
Reasons to Invest
In Toronto, you can live comfortably with excellent connectivity. A one-minute walk to Queen, a four-minute walk to King, and a fifteen-minute streetcar ride to Yonge Street put you within minutes of everything you enjoy. On Queen, King, and Bathurst, there are cycle lanes and 24-hour streetcar lines that are easily accessible.
Toronto rentals are rising because to inflation and interest rates. The average condo rents $2,583 per month, up 24% YoY. Downtown residents may enjoy functional layouts, design-forward interiors, and top-notch amenities in a mid-rise community at Reside, with fewer elevator wait times.
Take in Toronto's three main thoroughfares to get a sense of the city. At Richmond and Bathurst, embrace the city's flair on King, its inventiveness on Queen, and discover peace. New companies are opening up shop in downtown Toronto, and workers are going back to their offices.
Every aspect of Toronto is growing rapidly. The fastest-growing metropolis in North America, its population is expected to expand 98% by 2041. Due to roughly 500,000 additional immigrants from 2023 to 2025, the job market is expected to grow by 316,000 by 2041.
There is a busy and vibrant environment on Richmond Street West and Bathurst Street. There are a plethora of alternatives for dining, socializing, and entertainment in the region, which is well-known for its hip cafés, pubs, and restaurants. Living in Reside on Richmond is thrilling for residents and people who enjoy urban living because the streets are always teeming with vitality.
There are many parks and leisure areas nearby for residents of Reside on Richmond. Walking distance away, Trinity Bellwoods Park is a well-liked location for outdoor pursuits, get-togethers, and community gatherings. It provides a calm getaway from the city and strikes a balance between nature and city life.
Nobody knows the assignment market in the GTA and southern Ontario better than me. Whether you’re looking to buy or sell, I promise to work hard on your behalf to ensure you get the best deal possible.
Sean Bhairo is a data-driven CPA and Sales Representative. Sean understands that buying or selling a home is one of the largest investment decisions you will make, and his goal is to leverage his skillset and experiences to help support these decisions.