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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C8. 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.
Embrace the best of waterfront living in this beautifully maintained 1+den condo, perfectly situated in one of the Toronto's most desirable lakeside communities. NEVER RENTED and well maintained by the original owner, this suite offers a rare opportunity for both and users and investors alike. Inside, you'll be greeted by floor-to-ceiling windows that flood the space with natural light. The open concept layout is as functional as it is stylish, featuring a thoughtfully, upgraded kitchen with sleek finishes, and ample storage. The centre island is not only perfect for meal prep, it also comfortably doubles as a dining table maximizing both space and versatility. The den can easily serve as a home office or nursery whatever life brings your way. Live just steps from the lakefront Loblaws, George Brown College and the historic St. Lawrence market with easy access to Union Station the TTC Island ferry and the Gardiner Expressway. This unit includes 1 LOCKER for extra storage.
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 20 Richardson Street 720, Toronto C08, ON M5B 0A5
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 $549,900 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.