330 Richmond Street Unit 2902, Toronto C01

Price: $1,775,000

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: C13215430

Unobstructed South Views Of The Toronto Skyline And Lake in the Heart of the City! Stunning 2 Bedroom And 2 Bathroom Corner Unit With Two Separate Balconies. 10Ft Ceilings. $$$ Spent On Professional Interior Upgrades And Design. Stunning Chef's Gourmet Dream Kit W/ W/O To Sprawling Terrace. Entertainers Dream Open Concept Dining Rm & Living Rm. Luxurious Primary Bedroom W/ Incredible 4Pc Ensuite With W/I Closet. Beautiful Oak Hardwood Floors Throughout. Walk To Some Of The City's Best Restaurants, Cafes & Shopping. This Is Downtown Toronto Living At Its Finest!

330 Richmond Street Unit 2902 - Condo photo 1 of 22 in Downtown Toronto / Waterfront, Ontario
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$1,775,000 - 330 Richmond Street Unit 2902, Downtown Toronto

Condo for Sale in Downtown Toronto

Popular Listing
2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
C13215430
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Unobstructed South Views Of The Toronto Skyline And Lake in the Heart of the City! Stunning 2 Bedroom And 2 Bathroom Corner Unit With Two Separate Balconies. 10Ft Ceilings. $$$ Spent On Professional Interior Upgrades And Design. Stunning Chef's Gourmet Dream Kit W/ W/O To Sprawling Terrace. Entertainers Dream Open Concept Dining Rm & Living Rm. Luxurious Primary Bedroom W/ Incredible 4Pc Ensuite With W/I Closet. Beautiful Oak Hardwood Floors Throughout. Walk To Some Of The City's Best Restaurants, Cafes & Shopping. This Is Downtown Toronto Living At Its Finest!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,851.42/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,420,000Interest: $935,427
Mortgage Amount$1,420,000
Total Interest$935,427
Est. Property Tax$1,257/mo
Total Cost$2,355,427

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: Downtown Toronto / Waterfront

Discover Downtown Toronto / Waterfront

Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront

  • Convenient location in Downtown Toronto / Waterfront
  • 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

Downtown Toronto / Waterfront 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

330 Richmond Street Unit 2902, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$1,257
Insurance (est.)-$370
Net Cash Flow+$143

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

Premium Pricing

At $1268/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Investment Perspective

Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    330 Richmond Street Unit 2902… — $1,775,000 | Battaglia Team