500 Richmond Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,995 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 1 Bathroom
- Generous living space spanning 1000-1199 sqft
- 1.0 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
Spacious 2-Level Penthouse at Cityscape Terrace. Live in style in this bright and airy two-level penthouse featuring a massive 450 sq ft private terrace with stunning city views. The open-concept layout boasts 9-foot ceilings, a renovated kitchen with quartz countertops, a large custom pantry, perfect for those who love to cook and entertain. Enjoy New hardwood flooring throughout, a generous living space, and access to a sun-filled rooftop terrace that's ideal for relaxing or hosting friends. A rare opportunity in a sought-after building, don't miss out!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Park, Public Transit, School, Terraced
Interior Features
None
Security Features
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 Ph24, Toronto C01, ON M5V 3N4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
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About Purchasing a Home in Toronto, ON
For a property listed at $3,995 in Toronto, the legal minimum down payment is $200 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 $20 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20 also applies, bringing the total estimated land transfer taxes to $40.
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City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.
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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.
