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The Modern on Richmond Street

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John in Toronto Condos and Lofts

Themodern

Themodernlogo_2 Cityview developments will be launching their latest condo, The Modern on Richmond Street, this Saturday November 3rd at a Broker preview event. Details are limited so far, but here's what we do know.

The condominium will be located at the north east corner of Sherbourne and Richmond. du Toit architects designed the building and Mike Niven is designing the interior space.  The 17-storey condo will have 1- and 2-bedroom units ranging in size from 450 square feet to 920 square feet with the majority under 700 square feet.  Ideal for first time buyers.

The website indicates that prices are starting from $185,990.  Assuming this price is for a basic 450 square foot unit, this puts their price per square foot at around $413 to start. 

If you're a first time buyer looking to move to the east end of the downtown core, The Modern might be the right fit for you.

John Pasalis is a sales associate at Prudential Properties Plus in Toronto and a founder of Realosophy. Email John

John Pasalis
John Pasalis
John Pasalis is President of Realosophy Realty, a Toronto real estate brokerage which uses data analysis to advise residential real estate buyers, sellers and investors. A specialist in real estate data analysis, John's research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been shared with the IMF and cited by the Bank of Canada and CMHC. A frequent commentator on the Toronto housing market and real estate consumer and industry issues, John has contributed to the Globe and Mail, CBC, BNN Bloomberg, TVO's The Agenda, Toronto Star and other media, national and international government and industry organizations. John holds a B.Sc. in Economics from the University of Toronto and is a candidate in the Doctorate of Business Administration Program at the University of Toronto and Henley Business School (UK).
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