Welcome to this remarkable office located in the coveted neighborhood of Church-Yonge Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $36 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
101 Richmond Street East is a newly renovated loft-style commercial building located at the prominent corner of Richmond Street East and Jarvis Street, in downtown Toronto. Total leasable area is approximately 3,575 square feet on the second floor. The second floor is configured as general office space with an open layout, one enclosed meeting room, a kitchen area, and a mezzanine component, complemented by high exposed ceilings that deliver a distinctive loft-style character. Second floor benefits from full air conditioning and forced-air natural gas heating, with all utilities provided municipally. The premises is delivered in clean, broom-swept condition and freshly painted. Additional features include underground parking, supplemental Green P Parking located just adjacent to the property, and access to a rooftop patio offering city views. The property is situated in the Old Town and Church-Yonge Corridor area, within walking distance of Toronto's Financial Core, Union Station, Queen Subway Station, and a wide range of restaurants, retail and amenities. The location provides excellent walkability, transit connectivity, and overall accessibility, making the building well-suited for office users, professional services, or boutique retail tenants seeking a centrally located, character-rich space.
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Data-driven valuation for 101 Richmond Street E Second Floor, Toronto C08, ON M5C 1N9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $36 in Toronto, the legal minimum down payment is $2 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.