Space Lofts

Space Lofts is a 16-storey high-rise apartment condominium at 255 Richmond Street East in downtown Toronto's Moss Park neighbourhood, completed in 2014. The building comprises approximately 300+ residential units with an average size of around 683 square feet. Recent sales have averaged approximately $560,500, with monthly condo fees averaging roughly $545 and covering heat, water, hydro and building insurance. The building features a full suite of amenities including concierge service, gym, sauna, party room, guest suites and bike storage. Its location near St. Lawrence Market, the Distillery District and abundant dining and retail makes it highly accessible; rapid transit is within walking distance. Before committing to a purchase, prospective buyers should have a lawyer review the status certificate, reserve fund study, financial statements, budget, board minutes and by-laws to understand the building's financial health and governance.