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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $530,000 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.
Welcome To Yonge & Rich! Discover Elevated Luxury In This 514 sq ft 1 Bedroom Condo In The Skies. The Open Floor Plan Boasts A Full Wall Of Floor-To-Ceiling Windows, 9' Ceilings, 6.5" White Oak Engineered Wood Flooring Through The Entire Unit. Gourmet Kitchen With Hi Gloss Cabinets, Caesarstone Counter Top And Blacksplash, Centre Island. The Perfect Space To Unwind. Take In Sunsets Over The City From The Generous Balcony With Unobstructed Views. Unit Comes With 2 Storage Locker. Truly A Rare Find. Enjoy State-Of-The-Art Building Amenities Including A Seasonal Outdoor Pool With Sun Deck, Yoga Studio, His/Her Steam Rooms, A Gym That Rivals Most Fitness Clubs, Billiards, Bbq Decks, A Lounge, Party Room W/Catering Kitchen, Business Centre And Much More. The 24Hr Rabba/Marche Right Outside Your Front Door Provides The Utmost In Convenience And The Path/Ttc And Eaton Centre Are Just Steps Away, The City Is Truly At Your Doorstep.
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Data-driven valuation for 25 Richmond Street E 2707, Toronto C08, ON M5C 0A6
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 $530,000 in Toronto, the legal minimum down payment is $28,000 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 $7,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,075 also applies, bringing the total estimated land transfer taxes to $14,150.
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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.