Reside on Richmond
627 Richmond St W, Toronto
Prices shown are approximate and subject to change. Verify with developer or licensed agent.
About Reside on Richmond
Reside on Richmond is a new pre-construction boutique condominium planned for 627 Richmond St W in King West, Toronto. Developed by Originate Developments, the project is planned to include 18 storeys and approximately 216 residences with estimated occupancy currently targeted for 2028. The development is distinguished by heritage integration into the podium of the tower. Residents will be positioned near TIFF Bell Lightbox and Roy Thomson Hall and the Royal Alexandra Theatre.
Reside on Richmond is distinguished from typical pre-construction projects in the area by heritage integration into the podium of the tower. The current construction stage is described as "pre-construction," which affects the timing of deposits, interim occupancy and final closing. Buyers researching the project should review the developer's official brochure and floor plan set for the current confirmed specifications, as details are subject to change as construction progresses.
Living in King West
Reside on Richmond sits at 627 Richmond St W, within the Entertainment District and the King West corridor. This part of King West is one of Toronto's most active downtown mixed-use districts, defined by theatres, restaurants, tech offices and 24-hour street life.
Rapid transit is provided by St. Andrew Station on Line 1 (Yonge-University), connecting the district to Union Station in one stop, and Osgoode Station on Line 1, walkable via Queen Street West. Surface transit includes the 504 King streetcar operating along King Street West, the 510 Spadina streetcar linking north to Spadina Station, the 509 and 511 waterfront and Bathurst streetcars nearby. The Ontario Line, currently under construction, will provide additional relief at Queen Street stations, indirectly improving downtown surface transit.
Nearby destinations include TIFF Bell Lightbox, the year-round home of the Toronto International Film Festival on King Street West; Roy Thomson Hall and the Royal Alexandra Theatre, both on the Simcoe Street cultural corridor; the Rogers Centre and Scotiabank Arena, a short walk south; the King West restaurant strip, concentrated between Spadina and Bathurst. The Financial District begins one block north at Wellington Street, and King West itself has become a secondary office cluster for tech, media and professional services. King West attracts young professionals, tech workers, investors and downtown-oriented downsizers.
Buyer and Investment Considerations
Reside on Richmond may appeal to buyers seeking a smaller, more distinctive building. The location draws on Financial District jobs one block north, tech and media offices along King West, and entertainment and hospitality employment across the district. Rental demand is consistently strong given proximity to the Financial District, entertainment venues and King Street employment.
With estimated occupancy currently targeted for 2028, purchasers may have several years between the initial deposit and closing. The date remains an estimate and can change based on construction, permitting and market conditions. Buyers should review proposed maintenance fees, deposit schedule, parking and locker pricing and any assignment restrictions before committing.
From an investment perspective, buyers should compare Reside on Richmond's final pricing, price per square foot, suite efficiency and monthly carrying costs with existing resale condominiums in King West and with competing pre-construction projects expected to reach completion in the same window. The Entertainment District has one of the largest pipelines of high-rise pre-construction inventory in North America. Buyers should evaluate the volume of competing supply expected to reach occupancy within a two- to three-year window of the project. Future value and rental performance will depend on the final purchase price, carrying costs, unit layout and the amount of competing supply delivered before occupancy.
About Originate Developments
Originate Developments is a the Greater Toronto Area real estate developer focused on residential condominium development. Publicly verified information on the company's completed portfolio is limited. For buyers evaluating Reside on Richmond, buyers may wish to request a list of completed projects and reference contacts from the developer directly.
Important Considerations Before Purchasing
- Estimated occupancy dates can change based on construction progress and municipal approvals.
- Interim occupancy may apply, during which residents pay an occupancy fee before final closing.
- Final suite measurements, ceiling heights and finishes may differ from what is shown in renderings or brochures.
- Maintenance fees quoted at sales launch are estimates and may be adjusted before or after occupancy.
- Views can be affected by future adjacent development.
- Development charges and other municipal fees may apply at closing.
- Assignment policies vary between developers and may be restrictive.
- Renderings are artist concepts. Final building appearance may vary.
Reside on Richmond Pricing and Floor Plans
Pricing and available floor plans for Reside on Richmond are subject to change as suites are reserved or released. Contact CondoWizard for the current price list, floor plans, deposit structure and any purchaser incentives available at the time of your enquiry.
Information last verified: 2026-07-25
Amenities
The proposed amenity program at Reside on Richmond is oriented around a small resident-focused amenity program with less emphasis on high-volume spaces. Final amenities, hours and access rules are set by the developer and property manager and may change ahead of occupancy. Confirmed amenities will be published in the official disclosure statement.
Frequently Asked Questions
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