287 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,498,000 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 2 Bathrooms
- Generous living space spanning 1400-1599 sqft
- 1.0 total parking spaces available
- Notable attributes: Water Purifier
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Welcome to a truly one-of-a-kind penthouse loft in the coveted Richmond Mews, where urban sophistication meets timeless character. Spanning an impressive 1,440 square feet, this stunning space has been meticulously designed by renowned designer Sarah Richardson, offering a seamless blend of modern elegance and authentic charm. The open-concept, multi-level layout features soaring 14-foot ceilings, a striking mezzanine lookout, and architectural details such as exposed brick, industrial-style ductwork, and a cozy gas fireplace. Walnut-stained hardwood floors, stone countertops, and stainless steel appliances enhance the luxurious feel. Natural light pours in through two skylights, illuminating every corner of this spacious loft. The large den provides versatility, easily doubling as a second bedroom, while the private 352 square foot rooftop terrace offers a perfect retreat for entertaining or urban gardening. Located steps from St. Lawrence Market, tons of restaurants and shops, this rare offering combines the best of downtown living with the charm of an authentic loft. With parking and a locker included, this is your opportunity to own a piece of Toronto history reimagined for contemporary living. Bonus - super low maintenance fees!
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Pricing & Value Insights
Data-driven valuation for 287 Richmond Street E 302, Toronto C08, ON M5A 1P2
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 $1,498,000 in Toronto, the legal minimum down payment is $299,600 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 $26,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,435 also applies, bringing the total estimated land transfer taxes to $52,870.
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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.
