331 - 500 Richmond Street W

Waterfront Communities C1, Toronto

331 - 500 Richmond Street W, Waterfront Communities C1, Toronto

$849,000


Bedrooms: 2

Bathrooms: 1

Living Area: 900 sqft

Price Per Sqft: $943.33


About this Townhouse

in Waterfront Communities C1, Toronto

Tucked into the heart of Torontos Fashion District, this two-storey condo feels like a downtown townhouse in the sky. With just five floors in the building, theres no endless waiting for elevators, life here is easy. The main level is open and welcoming, with a modern kitchen featuring stainless steel appliances, granite counters, and an extended island that doubles as the perfect breakfast bar. The living and dining areas flow seamlessly, with a walkout to your private balcony for morning coffee or evening wind-downs. Upstairs, you'll find two bright bedrooms, each offering plenty of room and flexibility-whether for family, guests, or a quiet home office. The primary bedroom comfortably fits a king-sized bed and still leaves space to make it your own. A stylish four-piece bathroom completes the upper level. Cityscape Terrace is a well-loved, low-rise community that puts you within steps of everything, St. Andrews Park, Waterworks Food Hall, the Ace Hotel, and the brand new 57,000 sqft YMCA. Transit, King West, and the Financial District are all just a short walk away. With nearly 1,000 square feet of thoughtfully designed living space, Unit 331 offers a rare balance: the vibrancy of downtown living paired with the comfort of a true home. Select images have been enhanced with virtual staging.

Listed by RE/MAX HALLMARK SHAHEEN & COMPANY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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