505 Richmond Street, Unit 423, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Trinity-Bellwoods. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $549,900 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 0-499 sqft
- 0.0 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 electric
Description
Stylish and functional 1-bed, 1-bath open-concept layout featuring soaring 10-foot ceilings and a sleek linear kitchen complete with a built-in pantry, an oversized central island, and a breakfast bar. Step out from the bright living space directly onto your private balcony for seamless indoor-outdoor flow. Exceptionally designed with zero wasted space, featuring a convenient double closet at the entry, ensuite laundry, a dedicated bedroom with a custom closet, and the ultimate flexibility of parking options available to rent within the building. Experience the premier WaterWorks lifestyle with world-class amenities, the Food Hall, and the YMCA right at your doorstep! Ultimate convenience of parking options available to rent right within the building when needed.
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Property Summary
This condo apartment located at 505 Richmond Street, Toronto is currently for sale and has been available on SousaSells for 16 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 505 Richmond Street, Toronto is in the Trinity-Bellwoods neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Trinity-Bellwoods, Toronto.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •0-499 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 505 Richmond Street, Unit 423, Toronto, ON
Q.What is the asking price for 505 Richmond Street, Unit 423, Toronto, ON ?
The current listing price for 505 Richmond Street, Unit 423, Toronto, ON in Trinity-Bellwoods, Toronto is $549,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 0-499 sqft.
Q.What property type and architectural style is 505 Richmond Street, Unit 423, Toronto, ON ?
505 Richmond Street, Unit 423, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 505 Richmond Street W 423, Toronto, ON M5V 0P4
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 $549,900 in Toronto, the legal minimum down payment is $29,990 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 $7,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,473 also applies, bringing the total estimated land transfer taxes to $14,946.
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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.