318 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $839,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Picture-perfect 929 sq ft corner suite at Picasso. A rare oasis of tranquility downtown. Protected panoramic views and great natural light everywhere. Very neatly laid out 2 Bed + 2 Full Bath + Den with great separation between living area and bedrooms. Big open concept living-dining area, a carte blanche to furnish to your style. Includes a den that's ideal as either a home office or reading nook. Walkout to a spacious balcony with privacy. Generous storage featuring walk-in closets in both (!) bedrooms. Proper entry foyer with big coat closet - no more tripping over shoes. Great building amenities with massive workout room and rooftop terrace. Ideally situated in the heart of downtown west. Extensively upgraded, freshly painted, and ready for move in. Suite 1512 checks all of your wishlist boxes and then some.
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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 318 Richmond Street W 1512, Toronto C01, ON M5V 0B4
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 $839,900 in Toronto, the legal minimum down payment is $58,990 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 $13,273 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,273 also applies, bringing the total estimated land transfer taxes to $26,546.
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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.
