829 Richmond Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Niagara. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 900-999 sqft
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free
- Efficient baseboard heating via electric
Description
Amazing Opportunity in the heart of Queen Street West. This vacant, 3 bedroom townhouse owned by the original owners is Located just steps from vibrant Queen Street West and Trinity Bellwoods. Renovate for rental income or turn it into your dream home, this property offers immense potential. With cosmetic finishing touches, you can unlock the full value of this spacious home. The living room walks out to a private rear patio. A similar unit has opened up the main floor, offering inspiration for future updates. The second floor features three bedrooms, each with a closet and a large window, along with the main bathroom. Turn the basement into a luxurious laundry room, add another bathroom or use as storage with these endless opportunities. Enjoy the convenience of two parking spaces directly in front of the unit, plus a nearby parking lot for visitors. The building is self managed with no monthly fees but still registered as a condo where owners share the capital expenses (roof). Located on a quiet block of Richmond Street West, just steps from Trinity Bellwoods Park and the vibrant energy of Queen Street West, King Street West, Kensington Market, public transit, schools, and the Entertainment and Financial Districts. This home offers the perfect balance of urban living and a peaceful retreat.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 829 Richmond Street W 101, Toronto C01, ON M6J 3P7
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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.
