388 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rarely available, beautifully maintained 980-square-foot corner unit at the District Lofts with unobstructed northwest and east views. Enjoy one of the best sunsets in downtown Toronto. Featuring soaring 10-foot concrete ceilings on the main floor, custom kitchen cabinetry, quartz countertops, a large pantry under the stairs, and an open-concept layout that flows into a spacious living and dining area. Upstairs offers two spacious bedrooms and a 4-piece bathroom. Located in a one-of-a-kind low-rise building-never wait long for an elevator again. Situated in one of Toronto's most vibrant neighbourhoods, just steps to Michelin-Star restaurants, sports venues, nightlife, King West, parks, and museums.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Hospital, Place Of Worship, Public Transit, School, Terraced
Interior Features
Carpet Free
Security Features
Alarm System, Carbon Monoxide Detectors, Concierge/Security, Security Guard, Security System, Smoke Detector
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 388 Richmond Street W 913, Toronto C01, ON M5V 3P1
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 $899,900 in Toronto, the legal minimum down payment is $64,990 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 $14,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,473 also applies, bringing the total estimated land transfer taxes to $28,946.
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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.
