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Enjoy 1 Month Free | Cozy Up in a Place You'll Love Limited time offer on select suites. Terms and conditions apply. Contact a Leasing Consultant for details.

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Updated 2 Days Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

525 Richmond St W, Toronto, ON M5V 1Y5, CAN|Fashion District
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Contact

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Management

GWL Realty Advisors Residential

Leasing office

(365) 654-3315

Property Overview

525 Richmond Street stands out for its excellent overall value, strong amenities, and highly rated location, with a top score for price and a near-top score for convenience. It is also noted for pet friendliness and outdoor spaces, while its verified status and solid trustworthiness add to its appeal for renters seeking a well-rounded option.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.0
Excellent
525 Richmond Street is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive

Great for

  • Pet owners

Floor plans

1 Bedroom1 bed1 bath630 sqft$2,399 /mo1 unit available
2 Bedroom2 bed1.5 bath910 sqft$3,246 /mo1 unit available

Let's explore this property.

Amenities for 525 Richmond Street

Apartment Amenities

Air ConditioningBalcony
Custom Fit BlindsHardwood Floor
Open Concept DesignOutdoor Terrace
Private BalconyView

Appliances

DishwasherDishwasher Available
FridgeIn-Unit Laundry
MicrowaveStove
Washer In-Suite

Building

Cats OKDogs OK
ElevatorFitness Center
Onsite LaundryResidents Lounge
Rooftop LoungeWheelchair Accessible

Grounds

BBQ AreaGarage Parking
Outdoor SpaceParty Room

Neighborhood

Convenience StorePublic Transit
Shopping Nearby
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Lot

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Year built2003
Lease terms12 months

About 525 Richmond Street

Managed by GWL Realty Advisors Residential
HomeApartments in TorontoFashion District 525 Richmond Street

Welcome to our Spacious Suites with Open-concept Layouts located on Richmond Street! Free Rent Fall | Receive 1 Month Free on Select Suites Some conditions apply. Speak to a leasing agent for details. **Saturday tours available by appointment only. Please contact leasing agent for availability.** You're unique and you have your own style. You know how you want to live so it's time that you live in a place that truly reflects who you are. 525 Richmond is about your style, your location, your city, your home. From the amenities and open concept floor plans, to sleek and contemporary designs, this community offers everything you could ask for in a Toronto rental suite. GWL Realty Advisors Residential is dedicated to providing residents with swift, responsive service. Our buildings are impeccably clean and environmentally efficient. The company creates a sense of community within each property, while also connecting with the surrounding community through social-responsibility programs. We are consistently raising standards to elevate rental living to new heights of service, quality and innovation. Please note that all rents listed are starting prices only. Prices subject to change without notice.


Year Built: 2003

Go to property website

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.0
/10
Excellent
525 Richmond Street is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated 525 Richmond Street
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
525 Richmond Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
525 Richmond Street stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
525 Richmond Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 525 Richmond Street to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

525 Richmond Street is great for:

Pet owners

  • Outdoor spaces are available at this property

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 525 Richmond Street compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

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Rent trends in Fashion District

1-bedroom apartments here are priced 9% lower than 1-bedrooms in Fashion District.

If you decide to upgrade your space, you can expect 2-bedrooms at 525 Richmond Street to be 16% less than the average for similarly sized apartments in Fashion District.

Median rents as of Oct 31 2026.
Fashion District
Toronto
A table of studio rental data trends in Toronto
MonthMedian Rent
November 2024$1,899
December 2024$1,899
January 2025$1,887
February 2025$1,853
March 2025$1,862
April 2025$1,856
May 2025$1,842
June 2025$1,806
July 2025$1,800
August 2025$1,800
September 2025$1,799
October 2025$1,798
November 2025$1,768
December 2025$1,750
January 2026$1,741
February 2026$1,709
March 2026$1,700
April 2026$1,700
May 2026$1,706
June 2026$1,722
July 2026$1,732
August 2026$1,732
September 2026$1,748
October 2026$1,749
A table of studio rental data trends in Fashion District
MonthMedian Rent
November 2024$2,401
December 2024$2,480
January 2025$2,437
February 2025$2,361
March 2025$2,294
April 2025$2,224
May 2025$2,196
June 2025$2,166
July 2025$2,073
August 2025$2,141
September 2025$2,105
October 2025$2,177
November 2025$2,180
December 2025$2,186
January 2026$2,247
February 2026$2,231
March 2026$2,202
April 2026$2,243
May 2026$2,262
June 2026$2,118
July 2026$2,037
August 2026$2,048
September 2026$2,099
October 2026$2,161

Affordability calculator

Can I afford to live at 525 Richmond St W?

Bedrooms

Rent-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

$95,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $95,960 annually to afford this 1-bedroom monthly rent price of $2,399.
For more information on rent affordability, visit our rent calculator.

Neighborhood

Fashion 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 525 Richmond St W

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

3/10
Roads are accessible, but parking may be a challenge.

Cycling

9/10
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 525 Richmond St W, Toronto

Groceries

10/10
Several grocery stores nearby

Shopping

10/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Variety of cafés right on the street

Restaurants

9/10
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 5-minute walk

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

10/10
Variety of bars right on the street

Explore the area around 525 Richmond St W

Loblaws
585 Queen St W
John's Mart
581 King St W
Nobis
360 Queen St W
Fresh & Wild on Hill
69 Spadina Ave
Busy Bee King Mart
677 King St W

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