318 Richmond Street, Unit 5, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $624,000 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
- 0.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience Elevated Downtown Living In This Beautifully Upgraded 1+Den Residence At Picasso Condos, Showcasing Breathtaking CN Tower And Panoramic Skyline Views In The Heart Of Toronto's Entertainment District. Thoughtfully Redesigned With Over $40,000 In Premium Upgrades, This Sophisticated Suite Blends Modern Luxury With Exceptional Functionality.Floor-To-Ceiling Windows Flood The Open-Concept Living Space With Natural Light While Framing Stunning City Views Day And Night. The Customized Kitchen Features A Striking Quartz Island With Added Cabinetry, Designer Backsplash, Upgraded Finishes, And Elegant New Luxury Chandeliers And Light Fixtures Throughout. Wide-Plank Flooring, Fresh Paint, Refined Wainscotting, And Carefully Curated Details Create A Polished And Contemporary Atmosphere.The Versatile Den Offers The Ideal Work-From-Home Setup, Nursery, Dining Area, Reading Lounge, Or Guest Space, While The Intelligently Designed Layout Maximizes Both Comfort And Flow For Everyday Living And Entertaining.Perfectly Positioned Steps From Toronto's Financial And Entertainment Districts, Residents Enjoy Immediate Access To The City's Top Restaurants, Cafés, Nightlife, Shopping, And Cultural Attractions. Walk To King West, The PATH System, TTC, Rogers Centre, CN Tower, And The Fashion District While Enjoying The Convenience Of True Downtown Living.Picasso Residents Enjoy An Impressive Collection Of Resort-Inspired Amenities Including 24-Hour Concierge Service, A Fully Equipped Fitness Centre, Yoga And Pilates Studio, Sauna, Spa-Inspired Facilities, Media Room, Party Lounge, And Billiards Room.
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Property Summary
This condo apartment located at 318 Richmond Street, Toronto is currently for sale and has been available on SousaSells for 22 days. This property is listed at $624,000 with an estimated mortgage of $2,077* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 318 Richmond Street, Toronto is in the Waterfront Communities C1 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterfront Communities C1, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •600-699 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
- Concierge/Security
Community Features
None listed
Frequently Asked Questions about 318 Richmond Street, Unit 5, Toronto, ON
Q.What is the asking price for 318 Richmond Street, Unit 5, Toronto, ON ?
The current listing price for 318 Richmond Street, Unit 5, Toronto, ON in Waterfront Communities C1, Toronto is $624,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.
Q.What property type and architectural style is 318 Richmond Street, Unit 5, Toronto, ON ?
318 Richmond Street, Unit 5, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.What security features are installed at 318 Richmond Street, Unit 5, Toronto, ON ?
Security features include: Concierge/Security.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 318 Richmond Street W 3805, Toronto, 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 $624,000 in Toronto, the legal minimum down payment is $37,400 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 $8,955 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,955 also applies, bringing the total estimated land transfer taxes to $17,910.
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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.