500 Richmond Street, Toronto C01, ON

$979,000
MLS#:C9377841
2 beds
1 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] 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 $979,000 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 1000-1199 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Incredible opportunity to own a 2-storey penthouse located between the trendy neighbourhoods of Queen West and King West. Townhouse living in the sky, this unit features a functional open concept layout and boasts 1,129 square feet of living space. South facing views and a skylight leading to your private terrace provide an abundance of natural light. The bright, modern kitchen features a walk-in pantry, offering ample storage and sleek finishes. The dining area has custom built-in shelves as well as custom banquette seating with storage. The large primary bedroom offers a spacious walk in closet. Step outside to your expansive rooftop terrace (nearly 500 square feet!!) overlooking the city. Perfect for hosting or relaxing, which includes a bbq gas hookup. Situated in a vibrant neighbourhood, this penthouse is surrounded by restaurants and shops, including the Waterworks food court, the YMCA opening across the street and easy access to transit!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 9, 2024
Sold price information is available to members only
Listed Date10/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionConcrete
CountyToronto
Annual Tax$4,205.9

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Public Transit, Arts Centre, Library, Place Of Worship, Park, Rec./Commun.Centre

Community Features

Location

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500 Richmond Street, Toronto C01, 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 500 Richmond Street W PH09, Toronto C01, ON M5V 3N4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$783,200
Monthly Mortgage$4,551
Property Tax (Est.)$350
Utilities & Maint.$350
Total Monthly Cost$5,251

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto C01.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$794,512

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

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
Niagara Street
PublicNiagara Street, Toronto, Ontario, M5V 2P7
8.1

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

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.