500 Richmond Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,049,000 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 1000-1199 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
Welcome to an exceptional condo townhouse tucked quietly within one of the Fashion District's most sought-after residences. Offering the rare combination of downtown convenience and private outdoor living, this beautifully appointed home features an incredible terrace-style backyard retreat with a custom deck, built-in illuminated bar, integrated planters, and additional storage - a truly unique space for entertaining, relaxing, or enjoying summer evenings in complete privacy .Inside, the thoughtfully designed open-concept main level showcases soaring 9-foot ceilings, elegant pot lighting, premium finishes, and an expansive layout that feels both stylish and functional. The stunning kitchen is complemented by a walk-in pantry for exceptional storage and everyday convenience. Upstairs, the spacious primary suite offers a dream walk-in closet with custom organizers and spa-inspired ensuite with brand new vanity. A gorgeous built-in bookcase on the second-floor hallway adds warmth, character, and functionality rarely found in condo living. Complete with one parking space and one locker, this home is perfectly positioned in the heart of Downtown Toronto with unbeatable walk, transit, and bike access. World-class dining, shopping, cafés, nightlife, hotel rooftops, and every major city convenience are just steps away - yet this residence offers a peaceful, tucked-away feel that is hard to find in the core. A rare opportunity to enjoy sophisticated urban living with the comfort and privacy of a true townhouse.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 500 Richmond Street W TH 115, 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 $1,049,000 in Toronto, the legal minimum down payment is $209,800 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 $17,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,455 also applies, bringing the total estimated land transfer taxes to $34,910.
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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.
