540 Richmond Street W

Introducing a remarkable townhouse for sale in Toronto , located at 540 Richmond Street W, Toronto. This exceptional freehold townhouse is nestled in the vibrant and sought-after community of Waterfront Communities C1, just steps away from the bustling intersection of Richmond Street West and Augusta Avenue. This prime location offers the perfect blend of urban living and convenience, making it an ideal choice for those looking to enjoy the dynamic lifestyle that Toronto has to offer.

The property boasts a distinctive 2 1/2 storey design, constructed with a charming combination of brick and shingle exterior. With three spacious bedrooms, this townhouse for sale in Toronto provides ample space for families or individuals seeking room to grow. The layout encompasses approximately 2,000 square feet, featuring a well-appointed kitchen, a comfortable living room, and a formal dining room, perfect for entertaining guests or enjoying family meals.

One of the standout features of this townhouse for sale in Toronto is the secure gated parking, which accommodates up to four vehicles. This is a rare find in such a desirable location, where parking can often be a challenge. The property is unfurnished, allowing new owners the freedom to personalise the space according to their tastes and preferences.

In addition to the three bedrooms, this home includes two bathrooms, ensuring convenience for residents and guests alike. The property is equipped with central air conditioning, providing a comfortable environment throughout the year. While there is no family room or den, the adaptable layout allows for creative use of space, making it easy to set up a home office or guest area if needed.

The townhouse features a fireplace, adding a touch of warmth and charm to the living space, making it an inviting retreat during the cooler months. Internet connectivity is readily available, ensuring that residents can stay connected and work from home with ease.

The property is connected to municipal water and sewer services, and it utilises a forced air heating system, ensuring efficient heating throughout the home. Although the basement is currently unfinished, it presents an excellent opportunity for future development, whether for additional living space or storage.

The dimensions of the lot are 19 x 98 feet, providing a manageable outdoor area that can be utilised for various purposes. However, it is worth noting that there is no pool, garage, or central vacuum system included in this townhouse for sale in Toronto. The absence of these features does not detract from the overall appeal of the property, as the focus remains on the spacious interior and prime location.

As you explore the vibrant neighbourhood surrounding 540 Richmond Street W, Toronto, you will discover an array of amenities, including shops, restaurants, and cultural attractions. The community is known for its lively atmosphere, making it an exciting place to call home. The townhouse for sale in Toronto offers a unique opportunity to immerse yourself in this dynamic environment while enjoying the comforts of a well-designed home.

In summary, this exceptional townhouse for sale in Toronto at 540 Richmond Street W, Toronto, presents a unique opportunity for those seeking a stylish and spacious residence in a prime location. With three bedrooms, two bathrooms, and secure parking for four vehicles, this property is perfect for families or professionals looking to enjoy the best of urban living. Don't miss the chance to make this stunning townhouse your new home.

Waterfront Communities C1 is a vibrant and dynamic neighbourhood situated along the picturesque shores of Lake Ontario in Toronto. This area boasts a stunning blend of modern high-rise condominiums, charming waterfront parks, and cultural attractions, making it an ideal location for those who appreciate urban living with a scenic backdrop. Residents enjoy easy access to a plethora of amenities, including trendy restaurants, boutique shops, and recreational activities along the waterfront, such as cycling and boating. The community is well-connected to public transport, ensuring that the bustling heart of downtown Toronto is just a short journey away. With its lively atmosphere and stunning views, Waterfront Communities C1 offers a unique urban experience that appeals to both young professionals and families alike.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within a short distance, you will find ALPHA Alternative Junior School, just 0.2 km away, offering grades from JK to 6 under the Toronto District School Board. The Downtown Vocal Music Academy, located 0.5 km from the property, caters to grades 4 to 8, while Ryerson Community School, also 0.5 km away, provides a French-language curriculum for JK to 8 and boasts a respectable school rating of 3.8. For older students, Kapapamahchakwew - Wandering Spirit School, located 1.9 km away, serves grades 9 to 12. Additionally, St. Mary Catholic School, a mere 0.4 km away, offers a strong Catholic education for grades JK to 8 and has an impressive rating of 5.7. St. Joseph's College School, further afield at 2.1 km, is another notable Catholic institution for grades 9 to 12, with a high rating of 7.6. Overall, the area is rich in educational options, ensuring that children have access to quality schooling close to home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 2,262 residents, with an average household size of 1.5. The community has a median age of 37.3 years, indicating a relatively young population. The average household income stands at $119,400, although 15.1% of the population is classified as low-income. The average property price in the area is $864,000, reflecting the local real estate market's value. A significant portion of the population, 61.68%, is single, and only 14.94% of households have children, suggesting a trend towards smaller family units. The area is diverse, with 32.51% of residents being immigrants, contributing to its vibrant community fabric. Renters make up a substantial 58.33% of the population, with condos comprising 75.35% of the housing market, indicating a preference for multi-family living arrangements. Education levels are notably high, with 80.14% of residents holding a college or university degree. However, 16.75% of the population is not in the labor force, which may reflect various factors including education, retirement, or other personal circumstances. Overall, this area presents a dynamic mix of young professionals, educated individuals, and a diverse community.