118 - 500 Richmond Street W

Welcome to this stunning townhouse for sale in Toronto , located at 500 Richmond Street W, Toronto. This rarely offered, professionally remodelled condo townhouse is nestled in the heart of the vibrant Waterfront Communities C1, making it one of the most sought-after locations for unparalleled urban living. With its impeccable design and modern features, this property truly stands out in the bustling cityscape.

Spanning just under 1,100 square feet, this townhouse for sale in Toronto offers an open-concept living space that is both stylish and comfortable. The building style is a charming two-storey design, with a beautiful brick front that adds character to the exterior. As you step inside, you’ll be greeted by soaring nine-foot ceilings on both levels, which create an airy atmosphere throughout the home. The premium finishes and elegant pot lighting enhance the sophisticated feel, making it an ideal space for entertaining or simply enjoying a quiet evening in.

The ground-level kitchen is a chef's dream, featuring a massive quartz backsplash and an extra-long counter that provides ample workspace. The waterfall-edge peninsula adds a touch of elegance while also serving as a functional area for casual dining. Equipped with high-end appliances, including a built-in wine fridge, a French-door fridge, a whisper-quiet Bosch dishwasher, and a five-burner gas stove-top, this kitchen is designed for those who appreciate the finer things in life.

As you make your way upstairs, you’ll find two well-appointed bedrooms that come with custom built-ins, perfectly blending storage solutions with thoughtful design. The bathrooms in this townhouse for sale in Toronto are nothing short of luxurious. The main bathroom is a true retreat, featuring double Italian-made vanities, an anti-fog LED mirror, a heated towel rack, and a rain-inspired walk-in shower that promises a spa-like experience every day. Additionally, a conveniently integrated laundry area adds to the ease of living in this exquisite home.

One of the standout features of this property is the newly refreshed, expansive 425-square-foot terrace, which serves as an oasis of tranquillity amid the vibrant city. This outdoor space is perfect for relaxing with a book or entertaining friends, providing a seamless blend of indoor and outdoor living. The townhouse for sale in Toronto is indeed a rare offering, perfect for those seeking a luxurious lifestyle in a superb location.

This property is not just about the home itself; it’s about the lifestyle that comes with it. Located at 500 Richmond Street W, Toronto, this townhouse is a walker's, rider's, and biker's paradise, boasting impressive scores of 100, 100, and 92, respectively. You’ll enjoy exclusive access to world-class amenities, including five-star restaurants, trendy bars, theatres, parks, art galleries, and premier shopping—all just steps from your door.

With a garage space for one vehicle in the underground parking area, convenience is at your fingertips. Although there is no family room or central vacuum system, the thoughtful layout and design of this townhouse make it a comfortable and inviting space to call home. The forced air heating system ensures warmth during the cooler months, while central air conditioning keeps the space cool and refreshing in the summer.

This townhouse for sale in Toronto at 500 Richmond Street W, Toronto, is truly a must-see for anyone looking to embrace modern elegance and convenience in one of the city’s most desirable neighbourhoods. Don’t miss out on this incredible opportunity to own a piece of luxury in the heart of Toronto!

Waterfront Communities C1, nestled along the picturesque shores of Lake Ontario in Toronto, offers a vibrant blend of urban living and natural beauty. This dynamic area boasts a stunning waterfront promenade, lush parks, and a variety of recreational activities, making it an ideal locale for those who appreciate both city life and outdoor pursuits. Residents enjoy easy access to a plethora of cultural attractions, including galleries, theatres, and diverse dining options, all within a short stroll or a quick transit ride. With its modern residential developments and a strong sense of community, Waterfront Communities C1 is a compelling choice for anyone seeking a lively yet serene urban environment.

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 institution offering grades JK to 6. The Downtown Vocal Music Academy, also a public school, is situated 0.5 km away and caters to grades 4 to 8. For younger children, Ryerson Community School, located 0.5 km away, offers a French immersion program from JK to 8 and boasts a commendable school rating of 3.8. Additionally, St. Mary Catholic School, which provides education in both English and French for grades JK to 8, is just 0.5 km away and has a solid rating of 5.7. For older students, Kapapamahchakwew - Wandering Spirit School (1.8 km away) and St. Joseph's College School (2.0 km away) offer grades 9 to 12, with St. Joseph's receiving a high rating of 7.6. This diverse range of schools ensures that families have access to quality education options in close proximity, enhancing the appeal of this property 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. The demographic profile reveals a relatively young community, with an average age of 37.3 years. The average household income stands at $119,400, although 15.1% of the population lives in low-income situations. The housing market is characterized by an average property price of $864,000, with a significant portion of the community being renters (58.33%) and a high prevalence of condominiums (75.35%). Socially, the area has a diverse population, with 32.51% of residents being immigrants. The community is predominantly single, comprising 61.68% of the population, while households with children account for 14.94%. Educational attainment is notably 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 and educated community with a mix of housing options, appealing to both renters and homeowners alike.