5+ Days Ago
Location
905-388 Richmond St W #905, Toronto, ON M5V 3P1, CAN|Entertainment District
Tour 388 - 388 Richmond Street West #905
Contact
Property Management Toronto Inc.
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Property Overview
The property at 905-388 Richmond St W offers exceptional value for money, ranking in the 100th percentile among local options. Its prime location facilitates easy walking access and nearby public transit, enhancing convenience and supporting environmental sustainability. Additionally, notable features contribute to a modern living experience in a vibrant urban setting.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Eco living
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 388 - 388 Richmond Street West #905
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Apartments in TorontoEntertainment District 905-388 Richmond St W #905, Toronto, ON M5V 3P1, CAN
Apartments in TorontoEntertainment District 905-388 Richmond St W #905, Toronto, ON M5V 3P1, CANIntroducing a rare offering at the iconic District Lofts - an award-winning boutique building celebrated for its architectural design and timeless urban character. This beautifully appointed 2-storey, 2-bedroom loft combines style, function, and an unbeatable downtown lifestyle. The main level features an open-concept kitchen, living, and dining area with soaring concrete ceilings and floor-to-ceiling windows that fill the space with natural light. Step out onto your south-facing balcony and enjoy unobstructed views of the city skyline - and the added benefit of BBQ use permitted, a rare luxury in condo living. Upstairs, you'll find two generously sized bedrooms and a well-designed 4-piece bathroom, offering both comfort and privacy away from the main living space. Perfectly situated between King West and Queen West, you're just moments from Toronto's best shopping, dining, entertainment, and transit. A true urban oasis for those seeking a stylish downtown home in one of the city's most sought-after neighbourhoods.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 388 - 388 Richmond Street West #905 compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Address details
| Neighborhood | Entertainment District |
|---|---|
| Post code | M5V 3P1 |
| Type | Condo for rent |
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Rent trends in Entertainment District
2-bedroom apartments at 388 - 388 Richmond Street West #905 cost about 8% less than the average rent price for 2-bedroom apartments in Toronto.
Median rents as of Jan 31 2026.
Entertainment District
Toronto
| Month | Median Rent |
|---|---|
| February 2024 | $3,197 |
| March 2024 | $3,169 |
| April 2024 | $3,105 |
| May 2024 | $3,133 |
| June 2024 | $3,103 |
| July 2024 | $3,049 |
| August 2024 | $3,092 |
| September 2024 | $3,043 |
| October 2024 | $2,997 |
| November 2024 | $2,961 |
| December 2024 | $2,948 |
| January 2025 | $2,993 |
| February 2025 | $2,976 |
| March 2025 | $2,901 |
| April 2025 | $2,860 |
| May 2025 | $2,850 |
| June 2025 | $2,850 |
| July 2025 | $2,816 |
| August 2025 | $2,799 |
| September 2025 | $2,778 |
| October 2025 | $2,764 |
| November 2025 | $2,748 |
| December 2025 | $2,739 |
| January 2026 | $2,719 |
| Month | Median Rent |
|---|---|
| February 2024 | $3,200 |
| March 2024 | $3,222 |
| April 2024 | $3,211 |
| May 2024 | $3,200 |
| June 2024 | $3,215 |
| July 2024 | $3,362 |
| August 2024 | $3,490 |
| September 2024 | $3,532 |
| October 2024 | $3,436 |
| November 2024 | $3,349 |
| December 2024 | $3,306 |
| January 2025 | $3,523 |
| February 2025 | $3,764 |
| March 2025 | $3,867 |
| April 2025 | $3,825 |
| May 2025 | $3,601 |
| June 2025 | $3,430 |
| July 2025 | $3,376 |
| August 2025 | $3,491 |
| September 2025 | $3,491 |
| October 2025 | $3,617 |
| November 2025 | $3,922 |
| December 2025 | $4,008 |
| January 2026 | $3,874 |
Affordability calculator
Can I afford to live at 905-388 Richmond St W #905?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$130,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $130,000 annually to afford this 2-bedrooms monthly rent price of $3,250.
For more information on rent affordability, visit our rent calculator.
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Neighborhood
Entertainment District | Toronto, ON
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
Getting around Toronto near 905-388 Richmond St W #905
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 905-388 Richmond St W #905, Toronto
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
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