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 $2,200 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: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Penthouse Living at 255 Richmond Street East! Welcome to an exceptional penthouse residence where elevated design meets sophisticated city living. Perched above one of Toronto's most vibrant east-end neighbourhoods, this stunning suite offers expansive living spaces, abundant natural light, and spectacular panoramic views of the city skyline. Thoughtfully designed for both comfort and entertaining, the open-concept layout features floor-to-ceiling windows, a kitchen with integrated appliances, and generous living and dining areas that seamlessly connect private outdoor terrace. The spacious primary retreat offers ample closet space, and a tranquil escape from the city below. Located in the heart of St. Lawrence Market neighbourhood, you're steps from some of Toronto's best cafés, restaurants, breweries, parks, and boutique shopping, while enjoying quick access to the Financial District, Distillery District, Corktown, and the Don Valley Parkway. Ideal for executives, relocating professionals, and discerning tenants seeking a turnkey urban lifestyle, this rare penthouse opportunity combines luxury, privacy, and convenience in one of Toronto's most sought-after neighbourhoods.Note: water and hydro are included
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 255 Richmond Street E PH10, 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 $2,200 in Toronto, the legal minimum down payment is $110 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 $11 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11 also applies, bringing the total estimated land transfer taxes to $22.
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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.
