Year Built
2016
High-Rise Condo
Picasso on Richmond
by Monarch Group
318 Richmond Street W, Toronto, ON M5V 0B4
Total Units
405
Avg $/sqft
$860
Storeys
39
Available Units in Picasso on Richmond
2
Units for sale
From $599,900
3
Units for rent
From $250/mo
For Rent
Listed for:
Listed 13 days ago
$250
Unit Parking, 318 Richmond Street
Toronto (Waterfront Communities), ON M5V 0B4
0Bedrooms
0Bathrooms
1Parking
0-499Sq Ft
Parking & LockerFor Rent
Live MLS · Updated daily
Overview
Beyond just standing out in the exciting Entertainment District, the high-rise at 310-318 Richmond Street West elevates the expectations for what a sizeable residential development can be. Courtesy of an inspired design from Teeple Architects, and with expert execution by the Goldman Group and Monarch Group in 2016, the Picasso on Richmond Condos is as much of an artistic architectural landmark as it is a set of luxurious homes.
Pablo Picasso’s penchant for playing with space and forms influences the aesthetic of the 39-storey tower at 310-318 Richmond West. The unique white and deep grey cubic volumes project artistic refinement as the tower rises, while also giving space for many terrace rooftops planted with gorgeous gardens. The Picasso on Richmond Condos literally cultivates life and vibrancy.
Complementing its green roofs, warm red accents along the volumes’ edges captivate the eye. Furthermore, 310-318 Richmond houses an impressive collection of amenities which more than satisfy its residents. The10th floor features a sophisticated party space, additional lounges, a bar, a media room equipped for cinema-quality screenings, and fitness facilities which include a yoga studio and a sauna.
The amenities area is situated high in the sky, since the lower levels conveniently contain multiple levels of high-end commercial space. Nonetheless, the open-air lobby, featuring a 24-hour concierge service, offers residents an art-gallery ambience — the perfect private, serene and sophisticated welcome when residents return to their homes after a day in the exciting Entertainment District.
Developer
Monarch Group
Year Built
2016
Property Type
High-Rise Condo
Storeys
39
Total Units
405
Management
Brookfield Property Management
Amenities
Fitness Centre
Rooftop Garden
Party Room
Bike Storage
24/7 Concierge
Price History
263 recordsLoading history…
Market Stats
Prices in Picasso on Richmond are down 11.6% compared to last year.
$860
Avg $/sqft
-11.6%
YoY change
32
Avg days on market
Location & Walkability
Walk Score
100/100
Daily errands on foot
Transit Score
100/100
TTC, GO, subway access
Bike Score
75/100
Bike lanes & infrastructure
City in Ontario
Toronto
urban diverse lively
Toronto is a large city in Ontario known for its diversity and vibrant culture. It offers a mix of residential and urban living with plenty of amenities.
Toronto, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Day to dayLivability
93
Walkability
out of 100 · averaged over 215 past and present listings
Average walk score reported on listings here
6.4
Schools near listings
out of 10 · averaged over 215 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$759,900
6% above Ontario
In Toronto
$759,900
In Ontario
$716,900
Median monthly rent
$2,600/mo
4% above Ontario
In Toronto
$2,600
In Ontario
$2,499
$1,085
Per square foot
≈ 24.4 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
4,328
Median $759,900
Condos 3,148 · Houses 1,179
For rent
4,513
Median $2,600
Recently sold
Sign in to see sold data
Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Diverse dining options
- Many parks for outdoor activities
- Good public transit access
Keep in mind
- Higher median sale price than provincial average
- Median rent is above provincial average
The feel of the placeLifestyle
Daily life in Toronto is busy and lively, with many activities and services available. The city has a mix of urban and suburban areas.
Great for young professionals families first-time buyers
Within the boundaryWhat's nearby
The boundary
661.4 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
1,669
Parks
2,209
Playgrounds
1,015
Transit stations
586
Grocery stores
3,605
Restaurants
1,594
Cafés
536
Gyms
142
Libraries
700
Pharmacies
Counted across all 661.4 km² of Toronto. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
6.4/10
Average rating of the 539 rated schools in this area
911
Elementary
325
Secondary
Avondale Alternative Elementary School
Public · Grades JK–8 · Toronto DSB
10.0/1010.0 over 5 yrs1st of 3,045 Ontario elementary schools
135 students · EQAO 2024-2025
Cottingham Junior Public School
Public · Grades JK–6 · Toronto DSB
10.0/101st of 3,045 Ontario elementary schools
140 students · EQAO 2024-2025
Northmount
Independent · TO Private Non-Inspected
10.0/109.8 over 5 yrs1st of 3,045 Ontario elementary schools
18 students
Rosedale Junior Public School
Public · Grades JK–6 · Toronto DSB
10.0/109.3 over 5 yrs1st of 3,045 Ontario elementary schools
220 students · EQAO 2024-2025
Sathya Sai
Independent · TO Private Non-Inspected
10.0/101st of 3,045 Ontario elementary schools
24 students
St Michael's Choir (Jr) School
Catholic · Grades 1–8 · Toronto CDSB
10.0/109.6 over 5 yrs1st of 3,045 Ontario elementary schools
135 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Toronto, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
2,794,356
Population (2021)
631.1 km²
Area
4,428
People per km²
41.2
Median age
$94,555
Median income
52%
Own their home
2.5
People per household
1,160,800
Households
Every age
- Children (under 15)13.8%
- Working age (15–64)69.2%
- Seniors (65+)17.1%
What is built here
- Detached houses23.3%
- Semi-detached6.2%
- Townhouses5.4%
- Duplexes4.1%
- Low-rise apartments13.9%
- High-rise apartments46.7%
Own or rent
52%Owners
48%Renters
Across 1,160,800 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier29%
- 1961–198029%
- 1981–19909%
- 1991–20008%
- 2001–20055%
- 2006–20105%
- 2011–20156%
- 2016–20217%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 46.6%
- Born outside Canada
- 41.1%
- Hold a degree or higher
- 54.8%
- Employment rate
- 26.1%
- Commute by transit
- 61%
- Commute by car
- 1.7
- Children per family
- $81,720
- Median income after tax
- $124,573
- Average household income
- 13.2%
- Living on a low income
- $1,534/mo
- Renters pay, per month
- $1,693/mo
- Owners pay, per month
- $1,041,540
- Median home value at census
- 33.8%
- Renters spending 30%+ of income on housing
- 24%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 3,743 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
