20 Richardson Street, Toronto, ON
Property Highlights
Welcome to this remarkable Multi-Level condo apartment located in the coveted neighborhood of Waterfront Communities C8. Expertly crafted featuring premium metal/steel siding and concrete construction, this residence presents an exceptional opportunity offered at $520,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
A stunning One Bedroom + Den, One Bathroom suite is available for possession in one of Toronto's most desirable waterfront communities. Ideally situated at Lower Jarvis and Queens Quay, this residence offers exceptional convenience-steps from Loblaws, Sugar Beach, the Gardiner Expressway, and a short walk or drive to St. Lawrence Market and the Distillery District.The building features an impressive array of amenities, including a fully equipped fitness centre, theatre room, arts & crafts studio, garden prep studio, tennis/basketball court, and dedicated gardening plots. This is a fantastic opportunity to live by the waterfront in a vibrant, well-connected neighbourhood. Located next to George Brown College with direct TTC access to the University of Toronto. The property has been occupied by the same reliable tenant for the past three years at $2,500/month. The buyer may assume the existing tenancy, with the possibility of vacant possession also available. Premium Miele kitchen appliances: integrated refrigerator with bottom-mount freezer, electric cooktop, stainless-steel oven, integrated dishwasher, kitchen island with quartz countertop, washer/dryer, all existing light fixtures, and all window coverings.
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Interior Features
Built-In Oven, Carpet Free, Primary Bedroom - Main Floor
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 20 Richardson Street 520, Toronto C08, ON M5A 0S6
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 $520,000 in Toronto, the legal minimum down payment is $27,000 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 $6,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,875 also applies, bringing the total estimated land transfer taxes to $13,750.
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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.
