15 Richardson Street Unit 1311, Toronto C08

Price: $489,900

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C12920796

Welcome to unit 1311- 15 Richardson street, Toronto. Enjoy the best of waterfront living at Empire Quay House. This brand-new 1Bed 1Bath suite features an open layout, sleek vinyl floors and upgraded finishes. Situated along the waterfront, this suite offers easy access to Lake Ontario and Sugar Beach. Everyday conveniences like Loblaws, Farm Boy are just a short walk away, while popular destinations such as the Distillery District, St. Lawrence Market, Union Station, and Scotiabank Arena are only minutes away. With nearby TTC routes and major highways, commuting is simple and convenient. Enjoy a host of modern amenities, including a fully equipped fitness center, an elegant party room, and a lively outdoor courtyard complete with BBQ stations. Embrace amazing, fresh, contemporary living in Toronto's vibrant waterfront neighborhood.

15 Richardson Street Unit 1311 - Condo photo 1 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 2 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 3 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 4 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 5 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 6 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 7 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 8 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 9 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 10 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 11 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 12 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 13 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 14 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 15 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
15 Richardson Street Unit 1311 - Condo photo 16 of 16 in Regent Park / Cabbagetown / St. James Town, Ontario
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$489,900 - 15 Richardson Street Unit 1311, Cabbagetown

Condo for Sale in Cabbagetown

85 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C12920796
Property Type
Condo
Status
active
Days on Site
85
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
North
Balcony
Enclosed
Listing Brokerage
ZIVASA
Description

Welcome to unit 1311- 15 Richardson street, Toronto. Enjoy the best of waterfront living at Empire Quay House. This brand-new 1Bed 1Bath suite features an open layout, sleek vinyl floors and upgraded finishes. Situated along the waterfront, this suite offers easy access to Lake Ontario and Sugar Beach. Everyday conveniences like Loblaws, Farm Boy are just a short walk away, while popular destinations such as the Distillery District, St. Lawrence Market, Union Station, and Scotiabank Arena are only minutes away. With nearby TTC routes and major highways, commuting is simple and convenient. Enjoy a host of modern amenities, including a fully equipped fitness center, an elegant party room, and a lively outdoor courtyard complete with BBQ stations. Embrace amazing, fresh, contemporary living in Toronto's vibrant waterfront neighborhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.44/mo

Includes CMHC insurance ($13,668)

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5-yr fixed avg.

Principal: $440,910Interest: $299,454
Mortgage Amount$454,578
Total Interest$299,454
Est. Property Tax$347/mo
Total Cost$754,032

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Regent Park / Cabbagetown / St. James Town

Discover Regent Park / Cabbagetown / St. James Town

Regent Park / Cabbagetown / St. James Town is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Regent Park / Cabbagetown / St. James Town

  • Convenient location in Regent Park / Cabbagetown / St. James Town
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Regent Park / Cabbagetown / St. James Town offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

15 Richardson Street Unit 1311, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$936

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Negotiation Opportunity

At 85 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    15 Richardson Street Unit 1311 | $489,900 | Battaglia Team