318 Richmond Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $645,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to The Picasso Building and the epicentre of TIFF! Absolutely! Experience the vibrant downtown Toronto lifestyle in this stunning, south facing 1 bedroom + den with rare parking. Whether you're an ambitious professional, a creative spirit, or anyone who thrives on being at the center of the action, this stylish condo is designed to elevate your lifestyle. This sleek and modern condo offers a smart blend of style, comfort, and convenience right in the heart of the city's bustling entertainment and financial district. Step into a bright, open-concept living space featuring floor-to-ceiling windows that flood the unit with natural light and offer sweeping city views. The contemporary kitchen boasts high-end stainless steel and integrated appliances, quartz countertops, and an efficient layout ideal for quick meals or entertaining friends.This 1-bedroom plus den, 1-bathroom home maximizes every inch of space with thoughtful finishes and ample storage, while the balcony provides a perfect spot to unwind after a busy day. Enjoy the luxury of ensuite laundry for added convenience. Prime location in the heart of Toronto's Entertainment District - steps from theatres, live music venues, trendy bars, restaurants, and nightlife hotspots with a vibrant social scene - surrounded by co-working spaces, coffee shops, fitness studios, and cultural hubs fostering networking and active living. Excellent walk & transit scores of 100 - close to major transit routes including streetcars, subway and bike lanes - your commute just got effortless. Access to premium amenities like a fitness center, rooftop terrace, and 24-hour concierge elevate your urban living experience.Whether you're starting your career, working remotely, or looking for your downtown haven, Suite 1508 is where vibrant city life meets modern comfort. Don't miss the chance to call this dynamic condo your new home base! Extremely Rare 1 UNDERGROUND PARKING INCLUDED!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, Rec./Commun.Centre
Interior Features
Carpet Free
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 318 Richmond Street W 1508, 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 $645,000 in Toronto, the legal minimum down payment is $39,500 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 $9,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,375 also applies, bringing the total estimated land transfer taxes to $18,750.
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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.