Toronto · Ward 10 · PRIVATE
525 Richmond St W
Toronto, Ontario · postal area M5V · Wellington Place
103 units · 10 storeys · built 2003
LTB orders, Jan–June 2026
0Rent control
Likely rent-controlledFire code
0Investment (5 yrs)
1Property standards
2Building facts
Self-reported by the building owner or manager at RentSafeTO registration; City of Toronto open data.
Inspection breakdown
Common areas scored 0–3 by the City inspector at the latest RentSafeTO evaluation (3 = no issues found). Only areas assessed at this building are shown.
Neighbourhood & getting around · Wellington Place
What rents cost here · Toronto Central zone
Zone-wide market averages — not this building's rents| Unit | Vacant units rent for | Sitting tenants pay |
|---|---|---|
| bachelor | $1,790 | $1,599 |
| 1-bedroom | $2,321 | $2,036 |
| 2-bedroom | $3,128 | $2,766 |
| 3-bedroom+ | — | $3,556 |
The gap is what moving costs: a vacant 2-bedroom rents about 13% above what sitting tenants pay. Only 11.8% of units changed tenants in the year to the survey. Vacancy rate: 2.8%. Across the City of Toronto, average rents rose 3% over the year (same-structure sample). CMHC Rental Market Survey, October 2025.
Region-wide asking rents (Toronto area (CMA), Q1 2026, Statistics Canada, Quarterly Rent Statistics): bachelor $1,760 · 1-bed $2,110 · 2-bed $2,660 · 3-bed $3,250. Rentals.ca & Urbanation National Rent Report, July 2026: City of Toronto average $2,577 across all unit types.
Getting around
Distances from this buildingStops within 500 m: 18
Streetcars: 501, 504, 508, 510, 511
24-hour night routes: 301, 304, 307, 310
Nearest subway: Osgoode Station · 1.2 km
Nearest intersection: Richmond & Maud · 29 m · 6,104 vehicles in the City's latest count
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 47.7%
Renters in subsidized housing: 1.4%
Median household income: $90,000
Average household: 1.5 people
Median age: 30.8
Homes in 5+ storey buildings: 97%
Moved in the past year: 41.2%
Residents: 37,790
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: Scadding Court Community Centre 657 m · Harrison Pool 891 m
Libraries: Sanderson 712 m · Fort York 859 m
Schools nearby
Distances from this buildingMiddle: Lord Lansdowne Jr Sr & Da Vinci · 1.3 km
Secondary (high school): Heydon Park Secondary School · 1.0 km
Catholic elementary: St Mary Catholic Elementary School · 368 m
Catholic secondary: St Michael'S Choir School - Secondary · 2.1 km
Score history
| Evaluation | Score |
|---|---|
| Aug 13, 2024 | 81 |
| Sep 11, 2026 | 94 |
Fire code violations
6 violation records since 2018 in Toronto Fire Services' high-rise inspection data; 0 currently open. Most frequent:
- Operation of closures (1)
- Maintenance of closures (1)
Source: Toronto Fire Services residential inspection results, refreshed daily. A violation record is a finding at inspection time; open items are those without a recorded close date.
Recent building permits
| Issued | Type | Work | Est. cost | Status |
|---|---|---|---|---|
| Nov 12, 2025 | Building Additions/Alterations | Canopy w/o Enclosure | $100,000 | Inspection |
Permits filed at this address since August 2021 (City of Toronto building permits, active file). Permit activity is a sign the owner is investing in the building; estimated costs are as declared by the applicant.
Landlord and Tenant Board orders
How to read these orders and codes →
No final LTB orders were published for this address between January and June 2026. Earlier years will appear as Tribunals Ontario backfills its catalogue to 2021.