458 Richmond Street Unit 202, Toronto C01

Price: $459,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: New Construction

MLS#: C13149422

Brand New, Never Lived In At Woodsworth. Perfect Junior One Bedroom 519 Sq. Ft. Floorplan With Soaring 10 Ft High Ceiling, Gas Cooking Inside, Quartz Countertops, And Ultra Modern Finishes. Ultra Chic Building With Gym & Party/Meeting Room. Walking Distance To Queen St. Shops, Restaurants, Financial District & Entertainment District. Actual finishes and furnishings in unit may differ from those shown in photos. **EXTRAS** Stainless Steel (Gas Cooktop, Fridge, Built-In Oven, Built-In Microwave), Stacked Washer And Dryer. The Unit is newly constructed and previously unoccupied. The Purchase Price set out herein includes HST. The Purchaser will irrevocably assign to the Vendor any and all rights, title and interest in any HST rebate.

458 Richmond Street Unit 202 - New Construction photo 1 of 25 in Downtown Toronto / Waterfront, Ontario
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$459,900 - 458 Richmond Street Unit 202, Downtown Toronto

New Construction for Sale in Downtown Toronto

1Beds
1Baths
500Sq Ft
New Construction
Property Details
MLS Number
C13149422
Property Type
New Construction
Status
active
Days on Site
24
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
BRAD J. LAMB REALTY 2016 INC.
Description

Brand New, Never Lived In At Woodsworth. Perfect Junior One Bedroom 519 Sq. Ft. Floorplan With Soaring 10 Ft High Ceiling, Gas Cooking Inside, Quartz Countertops, And Ultra Modern Finishes. Ultra Chic Building With Gym & Party/Meeting Room. Walking Distance To Queen St. Shops, Restaurants, Financial District & Entertainment District. Actual finishes and furnishings in unit may differ from those shown in photos. **EXTRAS** Stainless Steel (Gas Cooktop, Fridge, Built-In Oven, Built-In Microwave), Stacked Washer And Dryer. The Unit is newly constructed and previously unoccupied. The Purchase Price set out herein includes HST. The Purchaser will irrevocably assign to the Vendor any and all rights, title and interest in any HST rebate.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,359.53/mo

Includes CMHC insurance ($12,831)

$
$
5%10%50%

5-yr fixed avg.

Principal: $413,910Interest: $281,116
Mortgage Amount$426,741
Total Interest$281,116
Est. Property Tax$326/mo
Total Cost$707,858

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

458 Richmond Street Unit 202, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,578

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

Fair Market Value

At $920/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 24 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Efficient Living

At 500 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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    MLS# C13149422 — 458 Richmond Street Unit 202, D… | Battaglia Team