311 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $459,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Great price for 489 sq ft. Located in Toronto's historic St. Lawrence neighbourhood at Richmond & Sherbourne, this charming 11-storey boutique condominium offers 90 thoughtfully designed units ideal for modern urban living. This smoke-free building features contemporary layouts complemented by essential amenities including a well-equipped exercise facility, a party room for entertaining, in-suite laundry, and air conditioning throughout. Perfectly positioned for young professionals and couples, residents enjoy easy walking access to George Brown College, Moss Park, and the vibrant Distillery District. The highly walkable location puts countless restaurants, shops, and daily conveniences right at your doorstep, while excellent public transit connections and major highway access make commuting a breeze. This residence strikes the perfect balance between modern comfort and prime downtown location, offering an ideal living solution for those seeking to experience the best of Toronto's dynamic cultural scene and urban lifestyle.
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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 311 Richmond Street E 1009, Toronto C08, ON M5A 4S8
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 $459,000 in Toronto, the legal minimum down payment is $22,950 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 $5,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,655 also applies, bringing the total estimated land transfer taxes to $11,310.
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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.
