Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,450 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.
Stylish 1 bedroom suite at Picasso on Richmond, a modern landmark in Toronto's Entertainment District. This bright and functional suite offers an open-concept layout with high-end finishes throughout. The contemporary kitchen features built-in appliances, sleek cabinetry, and efficient use of space, flowing seamlessly into the living and dining area for comfortable urban living. Building amenities include a fully equipped fitness centre, party room, recreation lounge, and 24-hour concierge. Prime downtown location just steps to King & Queen Street West, TTC streetcar, PATH, Financial District, CN Tower, Rogers Centre, Harbourfront, dining, shopping, and entertainment. Ideal for professionals seeking convenience, style, and the downtown lifestyle.
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Clear View, Hospital, Public Transit
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 318 Richmond Street W 2804, Toronto, ON M5V 1X2
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 $2,450 in Toronto, the legal minimum down payment is $123 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 $12 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12 also applies, bringing the total estimated land transfer taxes to $25.
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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.