For Lease
Just Listed
318 Richmond Street W 3506 #3506
Waterfront Communities C1, Toronto, ON
$2,750
1+1Bd
1Ba
650+sqft
0Parking
$4/sqft
CondoMLS# C13712472Listed 2026-08-260 DOM
Cooling
Central Air
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Here's a punchier, more polished version that feels more elevated and less repetitive:Welcome to Picasso on Richmond, an iconic downtown address known for its striking red-and-white design. Perched on the 35th floor, this bright 1+Den suite offers sweeping south-facing views of Toronto's skyline. The versatile den can function as a second bedroom or home office, while the open-concept kitchen and living area make the space ideal for both everyday living and entertaining.Steps to Queen Street West, the Entertainment District, Kensington Market and the Financial District-an exceptional location to live, work and play.Residents enjoy access to the exclusive Picasso Club, featuring a designer party room with private terrace and BBQs, outdoor cabanas, fireplace and hot tub, sports lounge with billiards and TV, fitness centre, yoga studio and sauna.
Fireplace
Rooms
Main Floor
| Living Room | 3.90 × 6.98 m | Combined w/Dining W/O To Balcony Hardwood Floor |
| Dining Room | 3.90 × 6.98 m | Combined w/Living W/O To Balcony Hardwood Floor |
| Kitchen | 3.90 × 6.98 m | Stainless Steel Appl Granite Counters Open Concept |
| Den | 2.70 × 1.98 m | Hardwood Floor |
| Primary Bedroom | 3.17 × 3.05 m | Hardwood Floor Double Closet South View |
| Other | 2.73 × 1.65 m | Balcony South View |
Features
- None
- Central Air
- Apartment
Financials
Estimated Rental Income
Entire property$2,100 – $2,800/mo
Rental yield916.4% – 1221.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
88
/ 100
Walk Score
Very Walkable
78
/ 100
Transit Score
Excellent Transit
59
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.