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$1.18M · 2 bed Condo Apartment · Unit PH27, 500 Richmond St Street, Toronto, Ontario M5V 1Y2 | HomeSearchCanada

$1,180,000

Unit PH27

6 DOM

226d

Map

DOM 6

$1,180,000

DOM6days

Unit PH27

500 Richmond St Street · Toronto · Ontario M5V 1Y2

MLS® C13575640 · Waterfront Communities C1 · M5V 1Y2

22TenantOccupied1200-1399 ft²Condo Apartment1-car UndergroundNo basement6d$908/ft²$2,260 tax/yrBuilt 200323 yrs oldNo basement

6 days on market

About this home

A rare multi-level penthouse with a rooftop terrace in the heart of the Fashion District. Welcome to 500 Richmond St W - a boutique Queen West building offering the feel of a townhome with the ease of condo living. This 1,200+ sq ft residence spans multiple levels with soaring ceilings, thoughtfully renovated throughout with many upgrades including a modernized chefs kitchen with luxury appliances and plentiful storage, built-in TV / stereo sound speaker system, plus generous principal rooms and…

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Property details

MLS#: C13575640
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 4
Kitchens: 1
Size: 1200-1399Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 2-Storey
Type: Condo Apartment
Year built: 2003

Occupancy: Tenant Occupied
Washrooms: 4 pc; 2 pc
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry
Special designation: Other

Condo corp #: 1290
Balcony: Terrace
Locker: Owned
Fees include: Parking Included, Common Elements Included, Building Insurance Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Richmond and Brant
Stories: —
Utilities: —
Laundry: In-Suite Laundry
Interior: Built-In Oven, Water Heater Owned
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: INTERNATIONAL REALTY FIRM, INC.

Source: TRREB/PROPTX · MLS® C13575640

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$1.18M

Unit PH27 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,180,000✓ $2,260 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$9,160/mo

incl. closing costs (yr 1)

Annual total

$109,919

year 1

Mortgage only

$4,477/mo

principal + interest

Beyond mortgage

$2,552/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$236,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$188/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$11,800/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$79/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$20,075

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)49% $53,719/yr

Property taxes20% $22,335/yr

Utilities4% $3,960/yr

Insurance & security1% $1,600/yr

Maintenance11% $11,800/yr

Condo fees10% $11,406/yr

Closing costs5% $5,100/yr

Mortgage is 49% of your true cost of ownership. The other 51% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$53,719	$4,477/mo
Government & taxes
Property tax	$2,260	$188/mo
Land transfer tax(closing)	$20,075	$1,673/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$11,800	$983/mo
Condo fees
Condo / HOA fees	$11,406	$951/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$109,919	$9,160/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit PH27

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs