Toronto condo buildings · Updated September 13, 2026
Picasso on Richmond
318 Richmond St W, Toronto · Also known as Picasso Condominiums, Picasso on Richmond
Touring this building? Matching is free.
Picasso on Richmond is the 39-storey condo at 318 Richmond Street West, between Spadina Avenue and John Street in the Entertainment District, completed in 2016 by The Goldman Group and Monarch Group. It has 405 suites and a rooftop deck and pool. It rates 3.9 out of 5 from 53 Google reviews, and residents describe a young, generally trouble-free building where location is the main selling point.
- Address
- 318 Richmond St W, Toronto
- Neighbourhood
- Entertainment District
- Completed
- 2016
- Storeys
- 39
- Suites
- 405
- Towers
- 1
- Developer
- The Goldman Group and Monarch Group
- Transit
- Osgoode station (Line 1) about a 10-minute walk; Queen and King streetcars nearby
About Picasso Condos
Picasso on Richmond was completed in 2016 with 405 suites over 39 storeys. It sits in the thick of the Entertainment District, a few minutes' walk from King West restaurants, the Financial District and Queen West.
Residents are broadly positive. One Reddit resident describes mostly young neighbours and no security issues, and a Strata reviewer says they are quite happy despite minor elevator issues and occasional leaks. The most-cited drawbacks are condo-sized appliances, dryers and property management communication.
The rooftop deck and pool are the headline amenities.
Storeys and suites are from condos.ca; one listing site gives 402 suites. Builders and completion year are from brokerage profiles.
Where Picasso Condos is
Picasso Condos is at 318 Richmond St W in Entertainment District. Osgoode station (Line 1) about a 10-minute walk; Queen and King streetcars nearby.
The labelled marker is this building; the dots are other buildings covered in this guide. Select a marker to open its card.
Looking at other options in the area? See real estate agents serving King West or the best neighbourhoods in Toronto.
Picasso Condos building amenities
- Rooftop deck
- Rooftop pool
- Fitness centre
- Dog friendly
A brokerage building profile (The Armstrong Team), Google review topics and Google Maps listing attributes.
Picasso Condos photos
Picasso Condos reviews: the Google rating
Google reviews are the largest public sample of resident opinion for most condo buildings. The breakdown matters more than the average: a building with as many one-star as five-star reviews is a very different place from one with a steady spread of fours.
3.9
★★★★★53 Google reviews
- 5 star29
- 4 star10
- 3 star3
- 2 star2
- 1 star9
What reviews mention most
- Location · 4
- Dryer · 4
- Gym · 2
- Noise · 2
- View · 2
- Property management · 2
- Condo manager · 2
Google Maps listing, as of July 5, 2026. Topics are the themes Google identifies in reviews, with the number of reviews mentioning each. Read the reviews on Google Maps
What residents praise
- Location near the Financial District and King West
- Mostly young residents and no reported security issues
- Views
What residents complain about
- Dryers and condo-sized appliances
- Property management and email responsiveness
- Occasional elevator issues and leaks
What people say about Picasso Condos on Reddit and forums
A summary of the threads that come up when people search for this building. Reddit skews toward people with a problem or a question, so weigh it alongside the Google breakdown above.
The overall picture
Picasso's forum reputation is quietly positive. Residents describe a young, safe building in a great spot for downtown workers, and the complaints are minor: condo-sized appliances and occasional elevator or leak issues.
Location
PositivePosters highlight the under-10-minute walk to the Financial District and the surrounding Entertainment District.
Neighbours and security
PositiveA resident says most people in the building are young and they have had no security issues.
Appliances and upkeep
MixedOne buyer ruled it out over condo-sized appliances, and a Strata resident mentions minor elevator issues and occasional leaks while saying they are quite happy.
Is it safe?
MixedRecent prospective renters ask whether it is a good, safe building after reading some of its Google reviews.
The threads behind this summary
- 318 Richmond St W?
r/TorontoRenting · 2021 · 10+ comments
Positive“I live there. Not sure about Airbnbs. Most of the people who live here are pretty young. No issues with security so far. I like the area.”
- 318 Richmond Street W & 310 Richmond Street W
Strata.ca
Positive“Overall, I'm quite happy here. There have been some minor issues with the elevators and occasional water leaks, but that seems common in many buildings.”
- Looking for honest reviews on 318 Richmond St W ...
r/TorontoRenting · Aug 2026 · 3 comments
Question“I'm currently looking at options and considering 318 Richmond St West (the Picasso building near Spadina/John).”
- Reviews on Picasso on Richmond Condos
r/TorontoRealEstate · 2021 · 6 comments
Mixed“I've toured them, great area if you work downtown. Under 10 min walk to the financial district. What was the deal breaker for me was the condo ...”
- Is 318 Richmond St W a good building / Safe?
r/askTO · 2025 · 4 comments
Question“Saw a good unit here I really liked, but some google reviews say ...”
- Thoughts on Picasso Condos? (318 Richmond Street West)
r/TorontoRealEstate · 2023 · 4 comments
Discussion“I like the cheesesteak place at the base of the building.”
Summaries are our reading of the linked threads and review pages. Excerpts are quoted verbatim from each thread’s public snippet, including spelling; open the thread for full context. Dates are approximate.
What's near Picasso Condos: transit, restaurants and parks
Subway stations, streetcar stops, and the most-reviewed places within about a kilometre of 318 Richmond St W. Use the filters to show only what you care about, and select a marker for photos, details and walking directions.
Transit stop locations are from TTC schedule data. Place locations come from Google Maps listings and are rounded to about 100 m, so a marker can sit a little off the actual entrance.
Transit near Picasso Condos
The closest subway station to Picasso Condos is Osgoode Station on Line 1 Yonge-University, about a 7-minute walk (470 m). Streetcar routes 501, 504, 508 and 510 stop within 500 m.
Subway stations
- 1
Osgoode Station
Line 1 Yonge-University
7 min · 470 m - 1
St Andrew Station
Line 1 Yonge-University
9 min · 560 m - 1
St Patrick Station
Line 1 Yonge-University
10 min · 650 m
Streetcar routes within 500 m
- 501QueenNearest stop: Queen St West at John St2 min · 110 m
- 504KingNearest stop: King St West at John St West Side5 min · 310 m
- 508Lake ShoreNearest stop: King St West at John St West Side5 min · 310 m
- 510SpadinaNearest stop: Spadina Ave at Richmond St West5 min · 350 m
Stations and routes from the TTC's official schedule data (TTC Routes and Schedules (GTFS), Toronto Open Data, published August 27, 2026). Overnight routes are not shown. Walking times are estimates based on straight-line distance. View the dataset
Restaurants, parks and things to do near Picasso Condos
Restaurants near Picasso Condos
- No free photo available4 min walk
- No free photo available7 min walk
- No free photo available9 min walk
- No free photo available10 min walk
Earls Kitchen + Bar - Financial District (King & University)
Restaurant
★★★★★4.6 (12,141)
150 King St W #100 · 650 m
- No free photo available11 min walk
- No free photo available13 min walk
Cafés and bakeries near Picasso Condos
- No free photo available1 min walk
Good Behaviour Ice Cream and Sub Sandwiches
Sandwich shop
★★★★★4.8 (1,187)
335 Queen St W · 0 m
- No free photo available2 min walk
- No free photo available4 min walk
General Assembly Pizza
Pizza restaurant
★★★★★4.3 (1,805)
331 Adelaide St W · 240 m
- No free photo available4 min walk
- No free photo available5 min walk
- No free photo available7 min walk
NEO COFFEE BAR KING X SPADINA
Coffee shop
★★★★★4.5 (1,956)
61 Spadina Ave. · 470 m
Grocery stores near Picasso Condos
- No free photo available2 min walk
Mike’s Independent City Market Toronto
Grocery store
★★★★★3.8 (936)
111 Peter St · 140 m
- No free photo available5 min walk
- No free photo available6 min walk
- No free photo available8 min walk
- No free photo available9 min walk
Lucky Moose Food Mart
Asian grocery store
★★★★★4.1 (1,930)
393 Dundas St W · 580 m
- No free photo available10 min walk
Parks and green space near Picasso Condos
5 min walkPhoto: Canmenwalker, CC BY 4.0
8 min walkPhoto: paul (dex) from Toronto, CC BY 2.0
9 min walkPhoto: SimonP, CC BY-SA 3.0
- No free photo available9 min walk
9 min walkPhoto: JFVoll, CC BY-SA 4.0
- No free photo available13 min walk
Things to do near Picasso Condos
- No free photo available4 min walk
Trapped Escape Rooms & Lounge Toronto
Escape room center
★★★★★4.9 (1,297)
336 Queen St W · 240 m
- No free photo available4 min walk
- No free photo available5 min walk
Yuk Yuk's Comedy Club Toronto
Comedy club
★★★★★4.3 (1,527)
224 Richmond St W · 340 m
9 min walkPhoto: Canmenwalker, CC BY 4.0
12 min walkPhoto: Bernard Spragg. NZ from Christchurch, New Zealand, CC0
- No free photo available12 min walk
Places and ratings from Google Maps listings, retrieved September 13, 2026. Restaurants and cafés are limited to places rated 4.3 or higher, and every category is filtered to listings with enough reviews to be meaningful. Walking times are estimates based on straight-line distance. Businesses open, close and move, so check before you go.
Who Picasso Condos suits, and who should look elsewhere
A good fit for
Downtown professionals who want to walk to work and nightlife from a mid-size, generally well-regarded tower.
Look elsewhere if you are
Households that need full-size appliances, or quiet evenings in the Entertainment District.
Before you buy in any condo, ask for the status certificate and read the reserve fund study; it shows the corporation’s finances, special assessments and upcoming repairs. Use the condo fee calculator to check monthly costs and the land transfer tax calculator for closing.
Picasso Condos FAQ
Is 318 Richmond St W a good building?
Generally yes. It rates 3.9 out of 5 from 53 Google reviews, 39 of them four or five stars. Residents on Reddit and Strata describe it as young and safe, with minor elevator and leak issues.
When was Picasso on Richmond built?
Picasso on Richmond was completed in 2016.
How many units are in Picasso Condos?
405 suites over 39 storeys, according to condos.ca.
Who built Picasso on Richmond?
The Goldman Group and Monarch Group.
What subway station is closest to Picasso Condos?
The closest subway station to Picasso Condos is Osgoode Station on Line 1 Yonge-University, about a 7-minute walk (470 m). Streetcar routes 501, 504, 508 and 510 stop within 500 m.
What grocery stores are near Picasso Condos?
The closest well-reviewed grocery stores are Mike’s Independent City Market Toronto at 111 Peter St (2 min walk), Le Gourmand at 152 Spadina Ave. (5 min walk) and Rabba Fine Foods at 126 Simcoe St (6 min walk).
Condo buildings near Picasso Condos
Entertainment District · 350 m away
Nobu Residences Toronto
Completed 2024 · 45 (15 Mercer St) storeys
★★★★★ 2.7 from 50 Google reviews
Grange Park · 710 m away
The Residences of 488 University Avenue
Completed 2017 · 55 storeys
★★★★★ 4.0 from 215 Google reviews
CityPlace · 890 m away
Concord Canada House
Completed Occupied from 2025 · Up to 82 storeys
★★★★★ 4.2 from 187 Google reviews
Downtown Yonge · 1.1 km away
Massey Tower
Completed 2019 · 60 storeys
★★★★★ 3.1 from 165 Google reviews
Next steps for Picasso Condos
- Tell us the city and we match you with an agent who already works Entertainment District.
- Browse agents serving King West.
- Estimate monthly costs with the condo fee calculator and closing with the land transfer tax calculator.
- Still choosing an area? Start with the best neighbourhoods in Toronto.
Sources
- condos.ca: Picasso on Richmond
- Kamali Group: Picasso Condos
- The Armstrong Team: 318 Richmond St W
- Google Maps listing (snapshot July 5, 2026)
- TTC Routes and Schedules (GTFS), Toronto Open Data
- 6 Reddit threads and review pages, linked above
Researched September 13, 2026. Ratings and resident opinion change; check the linked sources for the latest before making a decision.