18 Jun 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.