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1 / 0
New2 hours ago

224 - 323 Richmond Street E

Moss Park, Toronto

$496,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Spacious 775 square foot 1 bedroom + den suite at The Richmond by Tridel. This renovated suite offers incredible value in a well-managed building with extensive amenities including one of the best rooftops in the city!*****Natural stone flooring greets you in the foyer, opening onto a 7' x 8' den, suitable for a home office or guest room. There is ample closet space if you decide to install sliders to use the den as a second bedroom. New wide plank laminate flooring extends throughout the suite. The kitchen and laundry have updated appliances, including a stainless French door refrigerator/freezer, smooth top slide-in range, kitchen hood fan, and built-in dishwasher. The kitchen features natural stone flooring, maple cabinets and granite counter with flush breakfast bar. The open concept floor plan includes separate living and dining areas. The bedroom is very large by condo standards. The bathroom features natural stone flooring, a deep soaker tub, updated showerhead and lighting. Incredible value at $640.00 per square foot with parking and locker included. All-inclusive maintenance fees under $1.00 per square foot cover heat, hydro, A/C, and water.*****Amenities at The Richmond include a huge rooftop with BBQ and dining areas, an outdoor hot tub, a gazebo with Muskoka chairs and a gas fire table. Extensive interior amenities include a spacious lobby with concierge and lounge seating, a large well-equipped gym, separate cardio room, party room, games room, and a basketball half court.*****This location offers easy access to the financial district, St Michaels Hospital, George Brown College, the shops and restaurants of St Lawrence Market, Corktown, King East, and The Distillery District.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$750
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,031
mls© NumberC13696884
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,539
Property tax
$253
Heat allowance
$150
Condo fees, half counted
$375
Housing costs
$3,317 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,200
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,087 / mo
Cash down
$99,200

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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