388 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Loft 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 $950,000 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 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Bold design meets urban comfort in this bright and modern 2-bedroom loft in the award-winning District Lofts, located in the heart of Toronto's Entertainment District. Spanning two floors, this turn-key loft offers unobstructed north-facing views of Queen St, soaring 10-ft concrete ceilings, and a dramatic open-riser staircase that fills the space with light and character. Renovated designer kitchen, featuring Calacatta quartz countertops, waterfall backsplash, stainless steel appliances, and floor-to-ceiling cabinetry for a sleek, streamlined look with maximized storage. The open-concept layout flows effortlessly into the living and dining areas and out to an oversized private balcony, perfect for BBQs and dining al fresco. Upstairs, enjoy a large primary bedroom with Juliette balcony, second bedroom perfect for home office or guests, new flooring, a completely updated 4-piece bathroom, and the ease of ensuite laundry. One owned underground parking spot included. Located at Richmond & Spadina, steps from Queen West, The Well, AGO, top restaurants, shops, green spaces, and more. Walk Score of 100, with easy access to Queen, Spadina, and King streetcars and the new Ontario Line subway. Building amenities include a recently updated fitness centre, party room, and conciergeservice.Extras3 large wardrobes, one with mirrored doors, window coverings for both bedrooms and downstairs living room. AirBnB and short term rentals not permitted. Strong property management and condo board.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Clear View, Park, Public Transit, Rec./Commun.Centre
Interior Features
None
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Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 388 Richmond Street W 919, Toronto C01, ON M5V 3P1
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 $950,000 in Toronto, the legal minimum down payment is $70,000 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 $15,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,475 also applies, bringing the total estimated land transfer taxes to $30,950.
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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.
