318 Richmond St W

318 Richmond St W in Toronto's Waterfront Communities offers high-rise apartment living in a 40-storey building completed in 2016. The condo comprises 735-square-foot units on average, with recent sales averaging around $606,000 and monthly fees roughly $647 or $0.86 per square foot, covering heat, water, and building insurance. The building features a gym, sauna, guest suites, concierge service, and bike storage, with excellent walkability to Queen West, the Osgoode subway station, and 256 nearby restaurants. The developer, Mattamy Homes, maintains a well-regarded property with recent fiscal discipline. Before purchasing, prospective owners should obtain and review the status certificate, reserve fund study, budget, and board meeting minutes to understand the building's financial health and any long-term capital plans.