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Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Niagara. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,295,000 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.
This Is Your Opportunity To Own A Piece Of History In One Of Toronto's Most Sought-After Loft Conversions - The Industrial Revolution Lofts! This Two-Bedroom, 1413 Square Feet, South-Facing, Sundrenched Residence Provides An Abundance Of Natural Light Throughout And Showcases A Dramatic 18-Foot Window Wall Overlooking A Private Garden Terrace. The Well-Defined Principal Rooms Feature Soaring Ceilings And Are Designed For Seamless Entertaining As They Accommodate An Unrivaled Living Experience Promoting Social Circulation. The Expansive Kitchen Features Full-Sized Appliances & Provides Functionality With Ample Storage & A Large Breakfast Bar. The Expansive Lower Level Primary Bedroom Retreat Provides Flexibility And Is Currently Being Utilized As A Hair Salon With Work/Live Zoning. The Convenient, Upper Level Second Bedroom Is Perfect For Guests, Families Or Those In Need Of A Home Office Or Studio Space. The South-Facing, Garden Terrace Oasis Is Perfect For Summertime Entertaining, BBQing & Relaxation And Seamlessly Opens To Richmond Street West. World Class Location! Steps To Shopping, Galleries & Restaurants Of Queen West, Trinity Bellwoods Park, Ossington, Parkdale, Dundas & King West. Easy Access To The Martin Goodman Trail.
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Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, Terraced
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Data-driven valuation for 676 Richmond Street W 101, Toronto C01, ON M6J 1C3
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 $1,295,000 in Toronto, the legal minimum down payment is $259,000 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 $22,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,375 also applies, bringing the total estimated land transfer taxes to $44,750.
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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.