This property has been sold, leased, or taken off the market. You can view similar active listings below.
Welcome to this remarkable 2-Storey 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 $1,175,000 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.
Situated in the highly sought-after Cityscape Terrace, this spectacular two-bedroom, two-bathroom penthouse conveniently located in Toronto's Fashion District offers the ultimate in indoor-outdoor living experience. With approximately 1,090 square feet of beautifully designed interior space and a breathtaking 545 sq ft private terrace oasis with unobstructed southern views, this rare gem is perfect for both your personal enjoyment or entertaining. This townhouse in the sky boasts a rare multi-floor layout perfect for all aspects of life. The expansive windows with southern exposure and a second floor skylight flood the suite with natural light. The large kitchen has been updated and features full-sized appliances and a generous island. The spacious dining area and cozy living room creates a space that feels straight out of a magazine. The tranquil upper-level features two spacious bedrooms, perfect for all families, guests or those in need of a private home office. The primary bedroom retreat fits a king-sized bed, can accommodate an office setup, has a walk-through closet with custom built-ins and offers a spa-like ensuite bathroom with ample storage. The massive terrace is a true standout, complete with a pergola, built-in seating, gas line for BBQ, and plenty of room to unwind or dine al fresco. Both bathrooms have been completely updated with a palette of top of the line fixtures and finishes. The suite also features brand new white oak hardwood flooring throughout, a custom staircase and railing as well as updated lighting. Bright, polished and perfectly located this is downtown living at its finest! World class location just steps away from the Waterworks Food Hall, St. Andrews Park, The Ace Hotel and the highly anticipated McDonald Family YMCA, you will have access to Toronto's top restaurants, entertainment, fitness, nightlife, shopping, and easy streetcar access.
Contact us to schedule a private viewing of this property.
Arts Centre, Clear View, Park, Place Of Worship, Public Transit, School
Storage
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 500 Richmond Street W Ph06, Toronto C01, ON M5V 1Y2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,175,000 in Toronto, the legal minimum down payment is $235,000 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 $19,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,975 also applies, bringing the total estimated land transfer taxes to $39,950.
No current listings found in Toronto.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.