DataIntelligence
Reside on Richmond Condos, a collaborative project by Originate Developments and Harlo Capital, is an enticing urban development strategically positioned at the south-west corner of Bathurst Street and Richmond Street West in Downtown Toronto. Spanning 0.53 acres of land, the 18-storey project comprises eight properties and offers expansive residential spaces in a range of properties. From Studio spaces to spacious 3-bedroom spaces, the properties provide an interior area of over 389-1,255 square feet.
Positioned conveniently at a Bathurst Street stop and within 100 metres of the Queen Street routes, the project benefits from its proximity to key transit routes. Reside on Richmond condos are between two of Toronto's iconic neighbourhoods - Queen West and King West. These neighbourhoods are renowned for their vibrant entertainment scenes, premier shopping destinations, and diverse restaurants. The new King/Bathurst station on the Ontario Line is currently under construction, and the project is expected to be completed by 2031.
With thoughtful design considerations, Reside on Richmond promises all-encompassing amenities, catering to various aspects of daily life, from work to working out. With its prime location, proximity to key neighbourhoods, and thoughtful design, it is poised to become a sought-after residence in the city's dynamic real estate landscape.
The development will feature an 18-storey tower encompassing 216 condominium units sprawling across 0.53 acres. It includes diverse unit layouts with studio spaces and expansive three-bedroom apartments. The project also includes parking spaces and variable amenities included across the floors.
| Property Type | : Condo |
| Price | : From $629,990 |
| Area | : Toronto |
| Maintenance | : $0.69 / Sq Ft / Month |
| Possession Date | :  |
| Country | : Canada |
| State | : Ontario |
| Municipality | : Toronto |
| Community |
: Waterfront Communities C1 |
| Suites Size Range | : 389-1255 Sq Ft |
The following Reside on Richmond brochure comprehensively summarises the diverse condominium types, amenities, floor plans, pricing details, and more details. To access the brochure, simply click on the link provided below:
Reside on Richmond condos features an 18-story tower that offers more than 216 condominium units. These units will come in various types, from cosy studios starting at 389 sq. ft. to more spacious 3-bedroom properties covering over 1,255 square feet.
The project will also provide a variety of amenities, including a fitness centre, game and party rooms, a rooftop terrace, a co-working space, and a sports simulator. Utility costs such as electricity (Hydro), water, heating, and cooling are not included. Please refer to the table below to better understand the unit's layout.
Future residents of Reside on Richmond can look forward to many high-quality amenities, offering endless possibilities for an outstanding living experience. Some standout features include:
Harlo Capital
Harlo Capital, a distinguished Toronto-based private equity company, specialises in identifying and investing in real estate developments across Canada. The company's disciplined selection process ensures that investments adhere to strict underwriting criteria. Therefore, considering financial risk, return, and strategic locations, providing reasonable access to transit infrastructure and crucial public and private amenities. Harlo Capital is known for exceptional projects, fostering side-by-side investment and cultivating aligned partnerships. It also implements active management and provides timely reporting under investor requirements. Through its strategic approach and commitment to excellence, Harlo Capital continues to make a significant impact in the real estate development landscape.
Originate Developments is a privately held development firm established in 2017. The group enjoys a positive reputation across the development sector for their architectural design and finishing touches. The firm is known to create masterful living spaces with a passion and care akin to devoted artisans. The firm capitalises on opportunities where others may not and is known to innovate to make Toronto. Bringing revamped corridors, illuminated hidden corners, and valuable development projects across the community.
The cost for each place in the project can differ depending on the property's size and features. The property's size, features, and location determine how much it will cost to buy or rent. Below is a complete list showing the dimensions of the units and the plans for each floor.
| Unit Stories | : 18 Storeys |
| Construction Status | : Pre-construction |
| Architect | : Kirkor Architects Planners |
| Builder | : Harlo Capital and Originate Developments |
| Price | : From $629,990 |
| Est. Completion | : 2027 |
Reside on Richmond Condos epitomises a harmonious urban dwelling, offering residents effortless access to indispensable amenities that foster a strong sense of community and convenience. The project is readily accessible to supermarkets, shopping centres, schools, restaurants, and hospitals, streamlining daily tasks without needing transportation.
Nestled in a highly accessible locale, Reside on Richmond Condos provides seamless connectivity, being close to the King/Bathurst station on the Ontario Line, a mere 1-minute walk away. Numerous shops and dining options, including a Walmart within a 6-minute drive, are conveniently located within a 15-minute radius, providing residents with many choices. From well-known chains like McDonald’s to Tim Hortons, the micro-market around Reside on Richmond caters to diverse needs.
Education is at the doorstep with proximity to various institutions, including Queen West's renowned educational hubs such as the St. Mary Catholic Elementary School, Charles G. Fraser Junior Public School and the Niagara Street Junior Public School, among others. For recreational enthusiasts, the project is surrounded by green spaces, including Trinity Bellwoods Park and Stanley Park, ensuring residents have ample options for outdoor activities.
The neighbourhood has a population of over 42,687 people and enjoys a livability score of 84/100, considered exceptional. Over 52% of the population is married, while just 18% of them have children. Most of the population prefers to speak English as their major language.
Richmond Street is characterised by a culturally diverse population, with 17.3% Chinese residents. Furthermore, the community showcases a rich tapestry of visible minorities, including South and West Asians.
Richmond Street's cost of living is 6% lower than the national average, but when compared to the national average, it is 5% higher. The general sales tax in the region is also over 33% higher.
Richmond Street's median household income surpasses the national average by 18%, and the unemployment rate is significantly lower, standing 12% below the national average. More precisely, in the Richmond Street vicinity, 9.9% of individuals earn $20,000 or less, while a modest 4.7% earn $300,000 or more.
You can locate the project brochure on the Square Yards website.
The residence on Richmond is at 627 Richmond St W, Toronto, ON M6J 1C2.
Reside on Richmond condos is a Harlo Capital and Originate Developments collaboration project.
The Reside on Richmond will offer numerous amenities to its residents, including lobby lounges, sports simulator rooms, fitness studios, games lounges, part-time concierge services, and more.
The expected date of occupancy for Reside on Richmond is by 2026.
The postal code of Reside on Richmond is ON M6J 1C2.
