Listings update live from CVRMLS · Profile last reviewed June 2026
The Sydney is one of the smallest condo regimes in the Fan District and one of the few church conversions in Richmond's condominium inventory — seven residential units in a converted 1920s church at 1701 Hanover Avenue, completed by Monument Construction in 2011.
Insider’s view — any red flags?
Red flags: The Sydney is an old church, and historic tax credits and churches sometimes result in some 'forced' design that pits the original architectural elements against modern residential design. Great location and overall quality building.
History
The original 1920s church on Hanover Avenue was converted to seven residential units by Monument Construction — the developer's first large-scale Fan District project and the start of the firm's Fan-conversion portfolio that would later include Cary Mews, The Hamlet Cleaners, The Ambrata, Summit Lofts, and 1630 Monument.
Design & units
The seven units are each unique. The church geometry didn't yield itself to a six-units-per-floor cookie-cutter conversion; every unit reads as a custom translation of original space — nave-side, transept, choir, basement — into residential layout. The finish package leans traditional rather than industrial, with heavier trim, classic tile and granite, traditional cabinet design. That choice respects both the original structure and the Fan District context, where contemporary loft aesthetics often read out-of-place against the surrounding row-house street.
Neighborhood
1701 Hanover Avenue sits in the core Fan. Walking distance to the Fan's best dining and architecture; within the Hanover Avenue corridor that anchors Stuart Circle and VCU. The Fan's row-house street life is the daily context, with the Boulevard museums and Carytown both a short walk away.
What sets it apart
Church conversions are rare in Richmond's condo inventory — The Sydney and The Belfry are essentially the canonical pair. Where The Belfry leans heritage and Gothic, The Sydney leans traditional residential, with finishes that read as a Fan-District home rather than a religious-conversion loft. The seven-unit count means turnover is rare; when a unit lists, it tends to trade quickly to a buyer who has been watching the building specifically.
The builders
Developer: Monument Construction
See it in context
Open full 3D view in Google Maps → · Photorealistic 3D Tiles via Google Maps Platform · coords from MLS-median (9 listings).
Available now
No active listings right now · live from CVRMLS
No units for sale at The Sydney right now. Use the form to be told the moment new inventory lists.
Recent sales
| Address | Beds / Baths | Sq Ft | Sold | Price |
|---|---|---|---|---|
| 1723 Hanover Ave Unit#1 | 3 / 3 | 2,950 | Mar 2026 | $850,000 |
| 1723 Hanover Ave Unit#U7 | 3 / 3 | 2,232 | Aug 2023 | $840,000 |
Frequently asked
Where exactly is The Sydney?
1723 Hanover, 23220. In the Fan District neighborhood.
When was The Sydney built?
The Sydney dates to 1920 (Historic conversion).
How many units are in The Sydney?
The Sydney is a 7-unit condominium regime in Fan District.
Is The Sydney a condo conversion or new construction?
The Sydney is a historic conversion — an older building adapted into condominiums, dating to 1920.
Who developed The Sydney?
The Sydney was developed by Monument Construction.
