Purchased: The District Lofts 388 Richmond St W

PURCHASED by a creative couple seeking value

 

Represented by Nick Horton, salesperson

 

388 RICHMOND ST WEST #532 (Richmond & Spadina)
1+1 BEDROOM / 1 BATHROOM / 945 SQFT /  Original Asking $799,000 / Negotiated to $720,000

 

Sale Notes: My clients purchased a very large loft in a unique building downtown at an amazing value. The unit was overlooked by many because it didn’t show well and the owner made some questionable custom upgrades.  At $761 per square foot, this purchase represents one of the best value plays in downtown Toronto this spring. With a few inexpensive cosmetic changes, including painting and refinishing the hardwood floors, my clients are already ahead of the market with this purchase.

MLS Listing Description: ***945 Sqft Condo Close To Entertainment And Fashion Districts*** Large Den Can Be Converted To 2nd Br With Room Divider/Partition, Check Out Floor Plan!! 10 Ft Loft Style Ceiling, Custom Shelving And Storage, Dark Hardwood, Double Slab Granite Counters, Floor To Ceiling Windows, Parking Included, Lots Of Potlights,,
 
Extras:Check Out Unit Floor Plan, Large Den Can Be Turned Into 2nd Bedroom. Ensuite Custom Storage And Built-In Book Shelving. Building Amenities On Same Level As Unit. Low Maintenance Fee!!!