255 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Space Lofts! This is a rare south-facing unit. Step into downtown living with style in this bright 1-bed, 1-bath loft at 255 Richmond St E. This unit with exposed concrete and soaring 18 ft ceilings and large matching window from ceiling to floor. True loft feeling with tons of natural light, open concept living offering 570 sqft of space. The main entrance leads you through an open-concept layout. The primary bedroom is bright and spacious which overlooks the living room below for an amazing view. The four piece ensuite and laundry is located on the second floor for your convenience. Maintenance fees cover all utilities (except cable and internet), and residents enjoy ultra-fast internet through Beanfield Fibre and FibreStream. Amenities include 24-hour concierge, on-site security, gym, sauna, party and meeting rooms, guest suites, and ample visitor parking. You are steps from King Street dining, the St. Lawrence Market, George Brown College, the Distillery District, and the TTC. This is Downtown living at its finest - where space, style, and convenience is here. Come have a look you won't be disappointed.
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Auto Garage Door Remote, Carpet Free
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 255 Richmond Street E 123, Toronto C08, ON M5A 4T7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $399,900 in Toronto, the legal minimum down payment is $19,995 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 $4,474 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,474 also applies, bringing the total estimated land transfer taxes to $8,947.
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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.
