320 Richmond Street, Toronto, ON
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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 $799,900 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: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to one of the most spacious and best-laid-out two-bedroom condos in the building, ideal for city dwellers, young couples, downsizers, or investors. With over 900 sq.ft. of thoughtfully designed space, this unit offers an open-concept layout that easily fits a large dining table, kitchen island, couch and all of your furniture. The primary bedroom is a spacious retreat, room for a king-size bed, side tables and plants. The bedroom features two double closets and a private ensuite. A second full bathroom is located just off the hallway for added convenience. The living area flows seamlessly onto one of few large balconies in the building, ideal for relaxing or hosting. The modern kitchen is sleek and functional, perfectly complementing the open concept layout. This condo also comes with a storage locker located right next to the parking spot and elevators. Positioned on the second floor, the unit offers quick and easy access to the second floor amenities including gym, sauna and steam room, but the furthest unit from the amentiies to ensure tranquility. All of this in a pet-friendly building steps from St. Lawrence Market, the Distillery District, restaurants, shopping, parks, the DVP, and the upcoming Ontario Line subway just a two-minute walk away.
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Pricing & Value Insights
Data-driven valuation for 320 Richmond Street E 209, Toronto C08, ON M5A 1P9
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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.
