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 concrete construction, this residence presents an exceptional opportunity offered at $575,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 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
This is the one you have been waiting for! A truly livable condo in the prestigious Morgan, they just don't build them like this anymore. This 680 square foot unit is the perfect layout and ready for you to make it your own. Set within this art deco-inspired building only steps away from the best of King West, Queen West, the entertainment district, and the financial core, and coming very soon.. Ontario Line transit at your doorstep! If there was a way to have a walkscore over 100, this would be the one. Incredibly well managed building with helpful concierge, first class amenities, and collaborative community, there may not be a better place to call home in the downtown core.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 438 Richmond Street W 902, 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 $575,000 in Toronto, the legal minimum down payment is $32,500 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 $7,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,975 also applies, bringing the total estimated land transfer taxes to $15,950.
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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.