697 Richmond Street, Toronto, ON

$4,695,000
MLS#:C11888859
4 beds
5 baths
3500-5000 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Niagara. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,695,000 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.

  • 4 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 25 x 91 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Wheelchair Access
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

The best Downtown has to offer! In such an iconic and convenient location, a residence of this sophistication, stature and sheer size may never again exist. Nearly 5,000 "loft-like", voluminous interior square feet over 4.5 levels. Finally, a downtown residence that offers Forest Hill sized spaces. A huge victory at the CofA/Tlab allowed this house to be built taller, wider, deeper than any others in the area. 14-foot ceilings. Fully wheelchair accessible as elevator stops at every level including direct access to garage (6 stops)! Custom Italian kitchen and millwork. Custom steel staircase with warm illuminated floating oak treads. In-ceiling speakers. Private drive with direct access to double garage. 1,000SF primary bedroom with tree top and CN Tower views and incredible custom closets plus spacious spa-like 5 piece bathroom. Formal second floor laundry room. Formal living room with gas fireplace, wet bar and private terrace. Full height lower level with room for home theater, spa, gym, play area or games room. A formal junior primary bedroom with ensuite bath and balcony. A modern Chef's kitchen with massive island and comfortable seating for 5. High-end appliances built-in including full height refrigeration columns + 78-bottle wine cellar, espresso machine and speed oven. Dining room capable of a table for 10-12 guests. Full sized, fully fenced South facing yard with gas bbq hookup. House has been wired for security including cameras. This is a once in a lifetime chance to live in comfort and style in Downtown's best location. Why look at a condo when "Land is King" and this property has it all! Walk in any direction to the City's top restaurants, theaters, parks, entertainment and shopping. Steps to Trinity-Bellwoods Park, Ossington, Queen West, King & Portland, King West, the Financial and Fashion Districts, the Gardiner, the Lake and Porter Air!

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Key Features

Bedrooms
4
Bathrooms
5
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 2, 2025
Sold price information is available to members only
Listed Date12/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionBrick
BasementFull, Finished
Lot Size25 × 91 Feet
CountyToronto
Annual Tax$6,742.69
Legal DescriptionLT 6 PL 148 TORONTO; CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Park, Fenced Yard, Clear View, Public Transit, Rec./Commun.Centre

Interior Features

Wheelchair Access

Security Features

Community Features

Location

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697 Richmond Street, Toronto, ON
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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 697 Richmond Street W, Toronto C01, ON M6J 1C4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$939,000 (20.0%)
* Minimum Canadian down payment required for this price is $939,000.
Amortization Period25 Years
Estimated Monthly Payment$22,383Based on a loan of $3,756,000 over 25 years.
Purchase Price$4,695,000
Loan Amount$3,756,000
Provincial Land Transfer Tax:$103,850
Toronto Municipal Land Transfer Tax:$103,850
Total Estimated Closing Taxes:$207,700

About Purchasing a Home in Toronto, ON

For a property listed at $4,695,000 in Toronto, the legal minimum down payment is $939,000 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 $103,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $103,850 also applies, bringing the total estimated land transfer taxes to $207,700.

Nearby Listings

Distance:

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Niagara, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$794,973

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Niagara Street
PublicNiagara Street, Toronto, Ontario, M5V 2P7
8.1
Givins/Shaw
Public49 Givins Street, Toronto, Ontario, M6J 2X5
6.3
Charles G Fraser
Public79 Manning Avenue, Toronto, Ontario, M6J 2K6
9.0
The Waterfront
Public635 Queens Quay West, Toronto, Ontario, M5V 3G3
6.6
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9
Parkdale
Public209 Jameson Avenue, Toronto, Ontario, M6K 2Y3
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.