500 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1,149,700 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 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Bar Fridge, Built-In Oven, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this rarely offered, professionally remodeled townhouse in the heart of Toronto's Fashion District, one of the most sought-after locations for unparalleled urban living. This impeccably fully renovated luxurious suite boasts just under 1,100 square feet of modern, open concept living space, designed for both comfort and style. Soaring nine-foot ceilings on both the main and second levels, with premium finishes throughout, elegant pot lighting, a complete smart home, and audio ecosystem ensures a refined living experience. (Ask your realtor for a full list of upgrades.)The sleek chef's kitchen boasts a massive quartz backsplash, extra-long counter, and a waterfall-edge peninsula, adding functionality and elegance. Divided in several sections you will find high-end appliances including built-in wine fridge, French-door fridge, whisper-quiet Bosch dishwasher & a 5-burner gas stove-top. Upstairs, the second floor offers two bedrooms with custom built-ins, seamlessly blending storage solutions with thoughtful design. The bathroom is a true retreat featuring double Italian-made vanities, an anti-fog LED mirror, a heated towel rack, and a rain-inspired walk-in shower. A thoughtfully integrated laundry area ensures both ease and convenience. The crowning jewel of this home is its newly refreshed, expansive 425-square-foot terrace is an oasis of tranquility and peace amid the vibrant city. This rare offering is truly a must-see for those seeking the perfect blend of luxury, indoor & outdoor living, convenience, and modern elegance in a superb location and a quiet building. A walker's, rider's, and biker's paradise with scores of 100, 100, and 92, respectively. Enjoy exclusive access to world-class amenities, including five-star restaurants, bars, theaters, parks, art galleries, and premier shopping, all just steps from your door. MUST SEE.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Park, Public Transit, School, Rec./Commun.Centre
Interior Features
Bar Fridge, Built-In Oven, Carpet Free, Countertop Range, Upgraded Insulation, Separate Hydro Meter, Water Purifier, On Demand Water Heater
Security Features
Community Features
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 500 Richmond Street W 118, Toronto C01, ON M5V 1Y2
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 $1,149,700 in Toronto, the legal minimum down payment is $229,940 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 $19,469 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,469 also applies, bringing the total estimated land transfer taxes to $38,938.
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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.
