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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C1
  • 500 Richmond Street W
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  • Sold Sold in Jul 2025
  • Condo Apt

325 - 500 Richmond Street W

Toronto, Waterfront Communities C1
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 620,000
4.6%
Listed Price: $ 649,900
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Key Facts About 325 - 500 Richmond Street W, Toronto

  • Tax $3,250 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $907.58
  • Size 800 - 899 feet²
  • Listing # C12172378
  • Data Source PROPTX
  • Days on Market 36
  • Listed On 26/05/2025
  • Updated On 02/11/2025
  • Market Demand
    the canadian homethe canadian home

Description

Welcome to this bright and spacious 1-bedroom, 1-bathroom residence offering 806 square feet of thoughtfully designed living space in the heart of Toronto's vibrant Fashion District. The open concept floor plan is perfect for both relaxing and entertaining, with refined interior finishes throughout. Enjoy elegant hardwood flooring across the main living areas, smooth 9-foot ceilings that enhance the sense of space, and a large private balcony that extends your living area outdoors while offering stunning views of Toronto's picturesque sunsets.

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Property Details of 325 - 500 Richmond Street W, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Waterfront Communities C1
  • Municipality Toronto

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 800 - 899 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick
  • Amenities Visitor Parking, Guest Suites

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Cross Street Richmond St. W and Spadina Ave.

Features

  • Hospital Y
  • Library Y
  • Park Y
  • Public Transit Y
  • Rec./Commun.Centre Y
  • School Y

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 2,666

Rental Yield

3.96%

School Score

7.4/10

Rental Score

4/5

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Rooms

Living Room (6.65X5.11 metre)
Level: Flat
Dining Room (6.65X5.11 metre)
Level: Flat
Kitchen (2.84X2.25 metre)
Level: Flat
Bedroom (3.86X3.05 metre)
Level: Flat
Bathroom (4 pcs)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,477

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $908
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 325 - 500 Richmond Street W, Toronto

Welcome to this bright and spacious 1-bedroom, 1-bathroom condo for sale in Toronto , located at 500 Richmond Street W, Toronto. This residence offers an impressive 806 square feet of thoughtfully designed living space, nestled in the heart of Toronto's vibrant Fashion District. The open-concept floor plan is ideal for both relaxation and entertaining, featuring refined interior finishes throughout.

As you step into this lovely condo for sale in Toronto, you will be greeted by elegant hardwood flooring that spans the main living areas, complemented by smooth 9-foot ceilings that enhance the sense of space and light. The large private balcony extends your living area outdoors, providing a perfect spot to unwind while enjoying stunning views of Toronto's picturesque sunsets.

The modern kitchen, a highlight of this condo for sale in Toronto, boasts a smart and efficient layout. It is equipped with ample cabinetry, sleek quartz countertops, and a generous breakfast bar, making it perfect for everyday living as well as hosting guests. Stainless steel appliances complete this well-appointed kitchen, ensuring that you have everything you need to create culinary delights.

The generously sized primary bedroom is a true retreat, featuring a massive walk-in closet that provides excellent storage solutions. This thoughtful design element ensures that your living space remains uncluttered and organised. Additionally, this condo includes a rare convenience: an oversized locker located directly behind the included underground parking space. This makes loading and unloading your belongings a breeze, adding to the overall practicality of the residence.

Situated at 500 Richmond Street W, Toronto, this condo for sale in Toronto is ideally located just steps from TTC transit, making commuting a hassle-free experience. The surrounding area is rich with amenities, including St. Andrews Playground Park, Loblaws, LCBO, and the Waterworks Food Hall, all within easy reach. You will also find yourself just minutes away from world-class dining, shopping, and entertainment along King Street West, Queen Street West, and The Well on Front Street West.

Despite its many features, this condo does not include a den, family room, or additional land, ensuring that the living space remains focused and efficient. Furthermore, there is no pool or fireplace, which may appeal to those who prefer a more minimalist lifestyle. The central air conditioning system ensures comfort throughout the year, while the forced air heating system provides warmth during the colder months.

The condo is unfurnished, allowing you the freedom to personalise the space according to your tastes and preferences. With a total of four rooms, including the bedroom and bathroom, this residence provides a perfect blend of functionality and style.

In summary, this condo for sale in Toronto at 500 Richmond Street W, Toronto, is an exceptional opportunity for anyone seeking a modern and stylish living space in one of the city's most sought-after neighbourhoods. With its impressive features, prime location, and well-designed layout, it is sure to appeal to a wide range of buyers. Don't miss your chance to make this vibrant residence your new home!

Waterfront Communities C1, nestled along the picturesque shores of Lake Ontario in Toronto, is a vibrant and dynamic area that seamlessly blends urban living with natural beauty. This geographic enclave boasts a stunning waterfront promenade, lush parks, and recreational spaces, making it an ideal spot for outdoor enthusiasts and those who appreciate scenic views. The neighbourhood is characterised by its modern high-rise condominiums, chic boutiques, and a diverse array of dining options, catering to a cosmopolitan lifestyle. With easy access to public transport and proximity to the bustling downtown core, Waterfront Communities C1 offers a unique urban experience, where residents can enjoy both the tranquillity of lakeside living and the excitement of city life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within just 0.2 km, you will find ALPHA Alternative Junior School, a public school catering to grades JK to 6, and Ryerson Community School, which offers a French immersion program for grades JK to 8, rated 4.6. St. Mary Catholic School, also within 0.5 km, provides a strong curriculum for grades JK to 8, with a commendable rating of 5.9, and offers both English and French language options. The Downtown Vocal Music Academy, located 0.5 km away, serves grades 4 to 8, while Kapapamahchakwew - Wandering Spirit School, 1.8 km from the property, accommodates high school students from grades 9 to 12. Additionally, St. Joseph's College School, situated 2.0 km away, is a well-regarded Catholic institution for grades 9 to 12, boasting a rating of 7.2. With a variety of public and Catholic schools in close proximity, this property offers families a range of quality educational options to choose from, ensuring a supportive environment for children's academic growth.

FAQs About 325 - 500 Richmond Street W, Toronto

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Toronto is 800 - 899.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 500 Richmond Street W?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $907.58.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 325 - 500 Richmond Street W, Toronto

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Listing History

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