116 - 500 Richmond Street W

If you're on the lookout for a stunning townhouse for sale in Toronto , then you won't want to miss this rare gem at 500 Richmond Street W, Toronto. This delightful condo townhouse, which feels more like a private residence, is nestled right in the heart of Toronto's vibrant downtown core. With its charming exterior of brick and stucco, this two-storey abode is not just a home; it’s a lifestyle.

As you step through the private entrance, you’re greeted by an abundance of natural light flooding the space, thanks to the amazing sun-filled terrace that boasts a gas BBQ outlet. It’s the perfect spot for entertaining friends or simply unwinding after a long day. This townhouse for sale in Toronto offers over 1200 square feet of thoughtfully designed, open-concept living space, where comfort meets style and functionality. The interior features beautiful hardwood flooring throughout, soaring 9-foot ceilings, and elegant California shutters in the bedrooms, making it a truly inviting space.

The kitchen is a chef's dream, equipped with modern stainless steel appliances, a sleek glass tile backsplash, and a convenient walk-in pantry. Whether you’re whipping up a quick breakfast or hosting a dinner party, this kitchen has everything you need. It’s easy to see why this townhouse for sale in Toronto is such a sought-after property.

With two spacious bedrooms and one well-appointed bathroom, this home is perfect for professionals, couples, or small families. Although there’s no den or family room, the layout maximises the living space, allowing for a comfortable and practical environment. The absence of a fireplace might be a downside for some, but the central air conditioning ensures you stay cool during those hot summer months.

One of the standout features of this townhouse for sale in Toronto is the underground garage space, which can accommodate one vehicle. This is a rare find in the bustling downtown area, where parking can often be a challenge. The underground driveway provides added convenience, making it easy to come and go as you please. However, it’s worth noting that there is no additional parking space available, so if you have more than one vehicle, you may need to consider alternative arrangements.

Located in the Waterfront Communities C1 area, this property is ideally situated between the dynamic Queen West and King West neighbourhoods. You’ll find yourself surrounded by a plethora of amenities, including the popular Waterworks Food Hall, The Well, and St. Andrews Park, all just a stone's throw away. Step outside your door, and you’ll be greeted by the best of downtown living, with an array of cafes, restaurants, boutiques, and green spaces at your fingertips.

For those who rely on the internet, you’ll be pleased to know that this townhouse for sale in Toronto is equipped with internet access, ensuring you stay connected. While the home is currently unfurnished, this gives you the perfect opportunity to personalise the space to your taste and style.

Though there’s no central vacuum system, forced air heating keeps the home warm and cosy during the colder months. Additionally, the property has no basement, which can be a plus for those who prefer a more straightforward living arrangement without the hassle of stairs or additional upkeep.

In summary, if you’re searching for a townhouse for sale in Toronto that combines modern living with the vibrancy of city life, look no further than 500 Richmond Street W, Toronto. With its exceptional features, prime location, and inviting atmosphere, this condo townhouse is a fantastic opportunity not to be missed. Come and experience the charm of downtown living for yourself!

Waterfront Communities C1 is a vibrant and dynamic area nestled along the shores of Lake Ontario in Toronto. This picturesque neighbourhood boasts a stunning blend of modern high-rise condominiums, charming parks, and waterfront promenades, making it an ideal spot for those who appreciate urban living with a scenic backdrop. Residents can enjoy a plethora of amenities, including trendy cafes, restaurants, and cultural attractions, all within walking distance. The community is well-connected by public transport, offering easy access to the rest of the city, while the serene waterfront provides ample opportunities for leisure activities such as cycling, jogging, or simply relaxing by the water. With its lively atmosphere and stunning views, Waterfront Communities C1 is a perfect choice for anyone looking to embrace the best of city life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of just 0.2 km, ALPHA Alternative Junior School offers public education for grades JK to 6, while the Downtown Vocal Music Academy, situated 0.5 km away, caters to students in grades 4 to 8. For younger children, Ryerson Community School, also 0.5 km away, provides a French-language curriculum for grades JK to 8 and boasts a commendable school rating of 4.6. St. Mary Catholic School, located 0.5 km from the property, offers both English and French instruction for grades JK to 8, with a strong rating of 5.9. Older students can attend Kapapamahchakwew - Wandering Spirit School for grades 9 to 12, 1.8 km away, or St. Joseph's College School, 2.1 km away, which has a notable rating of 7.2. The diverse range of schools in close proximity ensures that families have access to quality education options, whether they prefer public or Catholic schooling, and caters to various language preferences, making this property a compelling choice for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 2,262 residents, with an average household size of 1.5 individuals. The demographic profile indicates a relatively young community, with an average age of 37.3 years. The average household income stands at a robust $119,400, although 15.1% of the population is classified as low-income. The real estate market reflects a high average property price of $864,000, with a significant percentage of residents (61.68%) being single. Families with children represent a smaller segment, making up 14.94% of households. The community is notably diverse, with 32.51% of residents being immigrants. Renting is prevalent, as 58.33% of the population are renters, and a substantial portion of the housing stock consists of condominiums, accounting for 75.35%. Education levels are high, with 80.14% of residents holding a college or university degree. However, 16.75% of the population is not actively participating in the labor force. Overall, this area presents a vibrant, educated, and diverse community with a mix of singles and families, alongside a strong rental market and a significant presence of condominiums.