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Rush Condos

520 Richmond St W, Downtown

Features

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Avg Price/Sqft

$982 / sq. ft.

Completed

Built: 2023

Building Scale

Floors: 13 | Total Units: 108

Building Details

Building Type

High-Rise condo

Condo Corp

TSCC-2979

Date Registered

Jun 12, 2023

Description

About Rush Condos

  • Address: 520 Richmond St W & 2 Augusta Ave, Toronto
  • Neighbourhood: Waterfront Communities C1, Downtown Toronto
  • Storeys: 15 storeys
  • Units: 123 units
  • Built Year: 2023
  • Builder: Alterra
  • Building Type: High-Rise condo
  • Suite Sizes: 400 – 1,000 sq. ft.
  • Average Price: $982 / sq. ft.

Overview of Rush Condos

Rush Condos is a high-rise development at the northwest corner of Richmond Street West and Augusta Avenue. Designed by Quadrangle Architects Ltd., the building was built in 2023 as a ground-up project in the Downtown Toronto core.

The architecture features a contemporary façade with symmetrical lines and French balconies. The design was executed to complement the historic character of the surrounding neighbourhood using a balanced exterior palette.

The building contains 123 units across 15 storeys. It offers a boutique residential scale within the Waterfront Communities C1 district, positioned near the Richmond and Bathurst corridor.

Suite Sizes & Value

Residential units range from approximately 400 to 1,000 square feet. This includes pre-construction floor plans that ranged from 458 to 939 square feet.

The building has an average price of $982 / sq. ft. This pricing reflects the market value for new-build projects in the Downtown C1 district.

Building Amenities & Features

Location Highlights

  • Main Intersection: Bathurst Street and Richmond Street West.
  • Major Hubs: Queen West and Chinatown.
  • Shopping: Shoppes on Queen West, Chinatown Centre, and Beam.city.
  • Cultural POIs: Graffiti Alley, The Richmond, and Galeries d'Art Inuit Baffin.
  • Entertainment: CineCycle.

Lifestyle Near Rush Condos

The lifestyle near Rush Condos is defined by the intersection of the local arts scene and downtown residential living. Residents are located in a pocket that maintains an urban energy due to its proximity to the Queen West district.

The area is suited for those who prioritize a modern environment within a historic urban context. The location provides access to diverse cultural and commercial centres.

About the Developer

Alterra is a residential developer with nearly four decades of experience in the Metro Toronto region. The firm has constructed over 5,000 high-rise and low-rise homes.

Their portfolio includes Toronto projects such as 36 Hazelton, Post House Condominium, and Network Lofts. The company is known for modern architecture and specific interior features.