544 Richmond Street, Toronto, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of Waterfront Communities C1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,900,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 20.35 x 97.81 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Discover an extraordinary opportunity at 544 Richmond St W, a turn-key gem in the heart of Toronto's vibrant Queen West! This 3,000 sq ft live/work property, spanning three floors plus ausable basement, offers unmatched versatility with Commercial Residential Employment (CRE) zoning, accommodating a wide range of residential and commercial uses. Perfect for professionals, creatives, or investors seeking a dynamic downtown address. Step into modern elegance with a fully renovated kitchen, three sleek bathrooms, and stylish upgrades throughout, including a revamped HVAC system, upgraded electrical with new lighting,and refreshed interior/exterior finishes. Enjoy the convenience of private parking for two vehicles with auto-rolling doors at the rear, plus two private balconies for break time. Located in the trendy Queen West neighborhood, this boutique property is steps from future Ontario Line subway stations (King-Bathurst and Queen-Spadina), ensuring seamless connectivity. Surrounded by eclectic shops, restaurants, and cultural hotspots, it's an ideal setting for alive/work lifestyle or a thriving business hub. The spacious layout offers flexibility for open-concept living, professional offices, or creative studios, with a usable basement for storage or additional workspace. Recent upgrades enhance efficiency and comfort, making this property move-in ready. Don't miss this rare chance to own a meticulously updated space in one of Toronto's most sought-after areas.Check out the online 3D tour. Full list of upgrades is attached. Reach out to schedule a private viewing. 544 Richmond St W-your dream home, office, or investment awaits in the heart of Queen West!
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Pricing & Value Insights
Data-driven valuation for 544 Richmond Street W, Toronto C01, ON M5V 1Y4
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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 $2,900,000 in Toronto, the legal minimum down payment is $580,000 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 $58,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $58,975 also applies, bringing the total estimated land transfer taxes to $117,950.
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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.
