1403 - 255 Richmond Street E

Moss Park, Toronto

1403 - 255 Richmond Street E, Moss Park, Toronto

$525,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $875.00


About this Condo

in Moss Park, Toronto

Step into downtown living with style in this bright 1-bed, 1-bath loft at 255 Richmond St E (Space Lofts). Offering 630 sqft of renovated living space, this rare south-facing unit features a premium layout and is one of the larger 1-bedroom floor plans in the building. New floors lead you through an open-concept layout with a fully renovated kitchen, complete with new counters, cabinetry, stainless steel appliances, and a peninsula with breakfast bar seating. The living area includes custom built-in shelving and media storage, plus a walkout to an oversized balcony that floods the space with natural light - perfect for morning coffee or golden-hour sunsets. The bedroom is bright and spacious with a large window, walk-in closet, and room for a king-sized bed, side tables, and a dresser. The upgraded 5-piece bathroom includes both a tub and a separate stand-up shower - a rare blend of space, storage, and function in a downtown one-bedroom. Maintenance fees cover all utilities (except cable and internet), and residents enjoy ultra-fast internet through Beanfield Fibre and FibreStream. Amenities include 24-hour concierge, on-site security, gym, sauna, party and meeting rooms, guest suites, and ample visitor parking. Location? Unmatched. You're steps from King Street dining, the St. Lawrence Market, George Brown College, the Distillery District, and the TTC. This is Downtown living at its finest - where space, style, and walkability converge.

Listed by SAGE REAL ESTATE LIMITED.


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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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