438 Richmond Street, Unit 7, Toronto, ON
Property Highlights
Welcome to this remarkable parking space located in the coveted neighborhood of Waterfront Communities C1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $79,000 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.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning 0-499 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
Description
Own a prime underground parking spot in the heart of downtown Toronto! Located at The Morgan, this secure and convenient parking space (P4-25) offers easy access for residents or investors looking for extra parking.
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Property Summary
This condo apartment located at 438 Richmond Street, Toronto is currently for sale and has been available on SousaSells for 495 days. This property is listed at $79,000 with an estimated mortgage of $263* per month. It has 0 beds, 0 bathrooms, and is 0-499 square feet. 438 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.
- •0-499 sqft of generous functional square footage
- •Desirable Parking Space architecture in Waterfront Communities C1, Toronto
- •Convenient parking space for 1.0 vehicle
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
None listed
Community Features
None listed
Frequently Asked Questions about 438 Richmond Street, Unit 7, Toronto, ON
Q.What is the asking price for 438 Richmond Street, Unit 7, Toronto, ON ?
The current listing price for 438 Richmond Street, Unit 7, Toronto, ON in Waterfront Communities C1, Toronto is $79,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms across approximately 0-499 sqft.
Q.What property type and architectural style is 438 Richmond Street, Unit 7, Toronto, ON ?
438 Richmond Street, Unit 7, Toronto, ON is a Parking Space () featuring a basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 438 Richmond Street W 608 (Parking Spot), Toronto C01, ON M5V 3S6
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 $79,000 in Toronto, the legal minimum down payment is $3,950 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 $515 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $515 also applies, bringing the total estimated land transfer taxes to $1,030.
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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.