255 Richmond Street, Toronto, ON
This listing is no longer active (Sold)
This property has been sold, leased, or taken off the market. You can view similar active listings below.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $484,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautifully updated 590 sq ft south facing 1 bedroom unit in Moss Park Downtown Toronto. The kitchen has been upgraded with new soft close cabinets, black granite counter top designed to add an eating area/breakfast bar for 2. Quality Stainless steel appliances, Frigidaire range, Whirlpool fridge, Whirlpool over the range microwave, Bosch dishwasher and LG stackable washer and dryer. Living room has stunning custom wood accent wall with built-in soft close cabinets and 65" Flat Screen Samsung TV included in the sale! Primary Bedroom, with walk-in closet, is large enough for a king bed and you still have space for a desk! Exceptionally well laid out suite for a single person or couple. South facing balcony with a city view, no buildings blocking your view! The unit also comes with a parking stall and locker, added value for the unit. If you do not use the parking stall or locker, you can rent them out! Unbeatable location and low maintenance fees which Include All Utilities!! Amenities include 24-hour concierge, exercise room, sauna, party room, guest suites and ample visitor parking. All of this in an unbeatable location, just steps to the Financial District, St. Lawrence Market, Distillery District, a 3-minute Walk to the Subway, Path, St. James and Berczy Parks, and the Waterfront Trails. Please Note: Although the unit is currently occupied by a tenant, most of the furniture is negotiable for sale.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 255 Richmond Street E 1116, 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 $484,000 in Toronto, the legal minimum down payment is $24,200 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 $6,155 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,155 also applies, bringing the total estimated land transfer taxes to $12,310.
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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.