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Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Niagara. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,695,000 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.
The best Downtown has to offer! In such an iconic and convenient location, a residence of this sophistication, stature and sheer size may never again exist. Nearly 5,000 "loft-like", voluminous interior square feet over 4.5 levels. Finally, a downtown residence that offers Forest Hill sized spaces. A huge victory at the CofA/Tlab allowed this house to be built taller, wider, deeper than any others in the area. 14-foot ceilings. Fully wheelchair accessible as elevator stops at every level including direct access to garage (6 stops)! Custom Italian kitchen and millwork. Custom steel staircase with warm illuminated floating oak treads. In-ceiling speakers. Private drive with direct access to double garage. 1,000SF primary bedroom with tree top and CN Tower views and incredible custom closets plus spacious spa-like 5 piece bathroom. Formal second floor laundry room. Formal living room with gas fireplace, wet bar and private terrace. Full height lower level with room for home theater, spa, gym, play area or games room. A formal junior primary bedroom with ensuite bath and balcony. A modern Chef's kitchen with massive island and comfortable seating for 5. High-end appliances built-in including full height refrigeration columns + 78-bottle wine cellar, espresso machine and speed oven. Dining room capable of a table for 10-12 guests. Full sized, fully fenced South facing yard with gas bbq hookup. House has been wired for security including cameras. This is a once in a lifetime chance to live in comfort and style in Downtown's best location. Why look at a condo when "Land is King" and this property has it all! Walk in any direction to the City's top restaurants, theaters, parks, entertainment and shopping. Steps to Trinity-Bellwoods Park, Ossington, Queen West, King & Portland, King West, the Financial and Fashion Districts, the Gardiner, the Lake and Porter Air!
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Arts Centre, Park, Fenced Yard, Clear View, Public Transit, Rec./Commun.Centre
Wheelchair Access
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 697 Richmond Street W, Toronto C01, ON M6J 1C4
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 $4,695,000 in Toronto, the legal minimum down payment is $939,000 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 $103,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $103,850 also applies, bringing the total estimated land transfer taxes to $207,700.
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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.