$499,999

For sale

#1010 330 Richmond Street West, Toronto (Waterfront Communities) - Single Family for Sale

#1010 330 Richmond Street West, Toronto (Waterfront Communities), Ontario, M5V1X2

1 bed1 bath0 parking650 ft²$607/mo condo feeListed 71 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,999, it is attractively priced about 21% below the $629,900 median asking price in Toronto.

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Description

Experience Downtown Living At Its Best At 330 Richmond! This Bright And Modern 1-Bedroom Suite Offers A Spacious, Functional Layout Perfect For Young Professionals, First-Time Buyers Or Investors. Located In The Heart Of The City With TTC At Your Doorstep And Vibrant Queen West Just Steps Away, Offering Endless Restaurants, Cafes, Shopping And Entertainment. Enjoy Upscale Building Amenities, 24-Hour Concierge And Everything Downtown Toronto Has To Offer Right Outside Your Door. An Exceptional Opportunity To Live, Work, Entertain And Invest In One Of Toronto's Most Connected Locations!***INTERNET IS INCLUDED IN MAINTENANCE.*** (id:66096)

Property Details

MLS®: C13719718
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $607/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,919.38/yr
Listed: 71 days ago

Rooms

Main level

Living room: 6.74 x 3.5 meters
Dining room: 6.74 x 3.5 meters
Kitchen: 6.71 x 3.5 meters
Primary Bedroom: 3.29 x 3.02 meters
Bathroom: 2.82 x 1.28 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Hardwood, Ceramic
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

71d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$770

List price

$500K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX EXCEL REALTY LTD. · BARMAK AZIZIMOGHADDAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $499,999, about 5.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $97,667 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$499,999· $770/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,999.95

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($19,000 capitalized)

Property tax (est.)$243/mo

Condo fee$607/mo

Total monthly$3,484

Cash Needed to Close

Down payment (5%)$25,000

Land transfer tax$12,950

Est. closing costs$4,000

Total cash needed$41,950

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