$1,475,000

For sale

#1106 608 Richmond Street West, Toronto (Waterfront Communities) - Single Family for Sale

#1106 608 Richmond Street West, Toronto (Waterfront Communities), Ontario, M5V0N9

2 beds2 baths1 parking1,100 ft²$1,188/mo condo feeListed 8 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 57 days.

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Description

A true lifestyle unit, this exceptional Harlowe loft offers an impressive 1,142 sq ft plus 329 sq ft of private outdoor space, totalling 1,471 sq ft of beautifully designed usable space showcasing sweeping views over Niagara.This 2-bedroom, 2-bathroom suite combines authentic loft character with sophisticated modern upgrades.Soaring 9-ft exposed concrete ceilings, feature walls and columns create the signature Harlowe aesthetic. Upgrades include herringbone engineered hardwood flooring, heated floors in both bathrooms, upgraded stone countertops, fully tiled baths and stainless steel appliances. The modern kitchen features a rare gas stove and overlooks the open-concept living and dining area. Both bedrooms offer large walk-in closets, while floor-to-ceiling windows fill the suite with natural light. A thoughtfully designed zero-waste layout maximizes every inch of space.The expansive 329 sq ft private terrace extends the living space outdoors and features a gas BBQ hookup, making it ideal for entertaining, relaxing and enjoying the sweeping Niagara views. Unbeatable location, just steps to King St W and Queen St W restaurants, cafes, shops, parks and nightlife, with easy access to TTC and the future Ontario Line.A rare opportunity to own a true urban space with exceptional indoor and outdoor living. 1 parking space and 1 locker included. (id:66096)

Property Details

MLS®: C14126172
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,188/mo
Fee Includes: Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $7,228.07/yr
Listed: 8 days ago

Rooms

Flat

Living room: 7.44 x 4.08 meters
Dining room: 7.44 x 4.08 meters
Kitchen: 2.43 x 4.08 meters
Bedroom: 4.57 x 3.04 meters
Bedroom 2: 3.6 x 2.74 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Range, Oven, Dryer, Microwave, Window Coverings
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,342

List price

$1.48M

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 2-bed single family in Toronto (Waterfront Communities) has been listed for 8 days, which is 49 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · JOY PATERSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $1,475,000, about 16.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $288,119 (20% down, 25-yr amortization, stress-tested) — roughly 217% 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)

$1,475,000· $1,342/ft²

For sale

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Full Cost Breakdown

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Down Payment8.31% · $122,500

Min 8.31%50%

Mortgage payment$7,498/mo

↳ CMHC premium ($54,100 capitalized)

Property tax (est.)$602/mo

Condo fee$1,188/mo

Total monthly$9,289

Cash Needed to Close

Down payment (8.31%)$122,500

Land transfer tax$51,950

Est. closing costs$6,925

Total cash needed$181,375

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