500 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 $649,900 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 800-899 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
Welcome to this bright and spacious 1-bedroom, 1-bathroom residence offering 806 square feet of thoughtfully designed living space in the heart of Toronto's vibrant Fashion District. The open concept floor plan is perfect for both relaxing and entertaining, with refined interior finishes throughout. Enjoy elegant hardwood flooring across the main living areas, smooth 9-foot ceilings that enhance the sense of space, and a large private balcony that extends your living area outdoors while offering stunning views of Toronto's picturesque sunsets. The modern kitchen boasts a smart, efficient layout with ample cabinetry, quartz countertops, a generous breakfast bar, and stainless steel appliances - ideal for everyday living and hosting. The generously sized primary bedroom features a massive walk-in closet providing excellent storage. A rare convenience, the oversized locker is located directly behind the included parking space, allowing for easy loading and unloading. Located just steps from TTC transit, St. Andrews Playground Park, Loblaws, LCBO, and the Waterworks Food Hall. You're also minutes away from world-class dining, shopping, and entertainment along King Street West, Queen Street West, and The Well on Front Street West.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
Carpet Free
Security Features
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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 500 Richmond Street W 325, Toronto C01, ON M5V 3N4
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 $649,900 in Toronto, the legal minimum down payment is $39,990 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 $9,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,473 also applies, bringing the total estimated land transfer taxes to $18,946.
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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.
