438 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment 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 $829,000 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 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
The Morgan is an elegant, art deco-inspired building. Steps away from the best of King West, Queen West, the entertainment district, and the financial core, this location boasts a perfect walk score of 100. Toronto living doesn't get more convenient! Fully renovated in 2019, this suite was originally a two-bedroom condo, reimagined into a spacious, open-concept design ideal for entertaining. The expansive living area seamlessly connects to a private northwest-facing terrace, flooding the space with natural light all day long. Keep your curtains open all day long as there is no one across from you, total privacy! The large primary suite features a walk-in closet and ensuite bath, complemented by engineered hardwood flooring, and custom closet storage throughout. With included parking and a locker, this one-of-a-kind condo stands out from the ordinary, definitely not your typical condo!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 438 Richmond Street W 1406, 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 $829,000 in Toronto, the legal minimum down payment is $57,900 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 $13,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,055 also applies, bringing the total estimated land transfer taxes to $26,110.
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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.
