District Lofts at 388 Richmond St W, Toronto 0
District Lofts at 388 Richmond St W, Toronto 1

District Lofts

388 Richmond St W, Toronto

For Sale
For Rent
Average Psf
$974(past 365 days)
Size Range
610-2,450 sqft
Age Of Building
21 years

The edgy U-shaped twin towers at 388 Richmond Street West helped define the concept of the modern loft.
If you're looking for stylish urban living in a space that is anything but cookie cutter, but you're not a fan of the gritty character found in some loft conversions, District Lofts could be for you. At street level you'll find convenient retail, there's plenty of parking for you and your guests and at the 4th floor a courtyard garden leads to the two condo towers. There's not a huge number of amenities, but what's on offer is upscale and well-maintained. As a bonus you have bragging rights: these Toronto condos have won their share awards, including the 2003 City of Toronto Architecture and Urban Design Award of Excellence and an Innovative Building Award from the Canada Mortgage and Housing Corporation
Most Notable Features
Suite sizes and layouts: All the suites are two levels and they run from a spacious 614 square feet through to 2 bedroom penthouses with two sides of floor to ceiling 18 foot windows, 2 1/2 baths and huge terraces from 1400 - 2450 square feet. Every suite has a terrace or balcony and at least 10-foot high ceilings. Original finishes were simple and tasteful, in keeping with the loft look and feel, with exposed pipes and concrete ceilings. Since this District Lofts was completed in 2002, owners have personalized and upgraded their suites and as a result each one is a unique home.
Convenience: At street level you'll find a dentist, hair salon, convenience store and a couple of restaurants to make your life easier. As well, barbeques are permitted on the terraces, so you can grill in the privacy of your own suite. Anything else you might need is probably only steps away.

View District Lofts location, amenities & demographics

Building Details

Corp #:
BBQ Permitted
Media Room
Meeting Room
Parking Garage

Included in Maintenance Fees

Common Element
Building Insurance
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Price Per Sqft Rank: 318th

Highest price per sqft out of 452 condos in Downtown

condo Values : -11.7%

Year over year change in values at 388 Richmond St W, Toronto

Avg. Price per Sqft : $974/sqft

Based on 3 recent sales at 388 Richmond St W, Toronto

Avg. Rent Price per Sqft : $3.74/sqft

Based on 3 recent rentals at 388 Richmond St W, Toronto

Area Comparison : -15.3%

Less expensive than Queen West condos for sale

Avg. days on Market : 14 days

At the District Lofts

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About 388 Richmond St W, Toronto

District Lofts boasts a walk score of 99. You live in the midst of a variety of independently owned boutiques, galleries and restaurants, so you'll never run out of places to browse, shop, and dine. In fact, right across the street is 401 Richmond Street West, a restored, heritage-designated, industrial building in that is home to over 140 artists, cultural producers, microenterprises, galleries, festivals, and shops. The building is a thriving arts hub that is open to the public.
You're also steps from the entertainment district, for performing arts centers and theaters, a multitude of cultural and family attractions, as well as all four of Toronto’s major-league sports teams.
The neighborhood is also a nightlife haven, with King West close by, offering Toronto’s hottest nightclubs, bars and fashionable lounges, there’s always something to do after dark.
For green space, there's St. Andrew's Playground to the west, Alexandra Park to the north or walk your furry friend South to Clarence Street Dog Park. Pets up to 25 pounds are welcome at District Lofts.

The 501 streetcar that cuts a path along the length of Queen St, east- and westbound is around the corner, making the Yonge-University-Spadina subway line easily accessible. Or you can walk to either Osgoode or St. Andrew stations in under 15 minutes. From the subway you can get to various locations throughout the city of Toronto and also connect to Go Transit, VIA Rail trains and the UP Express to Pearson International Airport at Union Station if your travels will take you farther afield.
For drivers, there are two levels of resident and visitor parking, and this downtown Toronto condo is just a short distance from the Gardiner Expressway for when you'd like to hit the road.

What People Are Saying
Disclaimer: I have never lived here, so I may not be familiar with the intricacies of the building's condo board. Nonetheless, I feel qualified to review having been in several of the units of friends. The location is top notch. Right in the heart of Queen West, this was one of the first condo buildings in the area. Close to clubland, Spadina, Queen W shopping, loads of restaurants and it has great parking, spa services (Ra), a market and dry cleaner on the first floor. Only thing missing is a Starbucks, for which you have to walk across Spadina. Views on either side are stunning and with balconies on every unit, this building is hard to beat.

Cameron Miller
Sales Representative
Property.ca Inc., Brokerage
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