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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $549,000 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.
Own a piece of history in Toronto's historic Graphic Arts Building. This 1913 built architectural gem, with its limestone façade and Roman-inspired Ionic columns has stood the test of time, nestled in the heart of Toronto's financial district. Once home to Saturday Night Magazine, this five storey building is now home to 64 lofty live/work commercial and residential spaces. This lower level space is surprisingly bright, with 9'-4" ceilings and is presently configured as office space. Recently renovated, new wood and stone tile flooring, three-piece bath and kitchenette. Easily configured to add separate offices or even create a pied-a-terre. Walkable to almost anything in the core, PATH system across the street, fine dining, theatres, ballet and symphony all only a short walk away.
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Data-driven valuation for 73 Richmond Street W L06, Toronto C01, ON M5H 4E8
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 $549,000 in Toronto, the legal minimum down payment is $29,900 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 $7,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,455 also applies, bringing the total estimated land transfer taxes to $14,910.
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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.