608 Richmond Street Unit 205, Toronto C01

Price: $439,700

1 bedrooms, 1 bathrooms

Property Type: New Construction

MLS#: C13092514

Stylish Loft-Style Condo, Bright and spacious 1-bedroom suite with soaring 10-foot ceilings, 1 parking space, and 1 locker included!Enjoymodern, high-quality finishes throughout - featuring stainless steel appliances, exposed concrete feature walls and ceilings, and engineeredwood flooring.Located in one of the city's most vibrant areas with a 98 Walk Score and 100 Transit Score - everything you need is just stepsaway!This unique urban loft won't last long - schedule your viewing today!

608 Richmond Street Unit 205 - New Construction photo 1 of 10 in Downtown Toronto / Waterfront, Ontario
608 Richmond Street Unit 205 - New Construction photo 2 of 10 in Downtown Toronto / Waterfront, Ontario
608 Richmond Street Unit 205 - New Construction photo 3 of 10 in Downtown Toronto / Waterfront, Ontario
608 Richmond Street Unit 205 - New Construction photo 4 of 10 in Downtown Toronto / Waterfront, Ontario
608 Richmond Street Unit 205 - New Construction photo 5 of 10 in Downtown Toronto / Waterfront, Ontario
608 Richmond Street Unit 205 - New Construction photo 6 of 10 in Downtown Toronto / Waterfront, Ontario
608 Richmond Street Unit 205 - New Construction photo 7 of 10 in Downtown Toronto / Waterfront, Ontario
608 Richmond Street Unit 205 - New Construction photo 8 of 10 in Downtown Toronto / Waterfront, Ontario
608 Richmond Street Unit 205 - New Construction photo 9 of 10 in Downtown Toronto / Waterfront, Ontario
608 Richmond Street Unit 205 - New Construction photo 10 of 10 in Downtown Toronto / Waterfront, Ontario
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$439,700 - 608 Richmond Street Unit 205, Downtown Toronto

New Construction for Sale in Downtown Toronto

41 days on market
1Beds
1Baths
N/ASq Ft
New Construction
Property Details
MLS Number
C13092514
Property Type
New Construction
Status
active
Days on Site
41
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Description

Stylish Loft-Style Condo, Bright and spacious 1-bedroom suite with soaring 10-foot ceilings, 1 parking space, and 1 locker included!Enjoymodern, high-quality finishes throughout - featuring stainless steel appliances, exposed concrete feature walls and ceilings, and engineeredwood flooring.Located in one of the city's most vibrant areas with a 98 Walk Score and 100 Transit Score - everything you need is just stepsaway!This unique urban loft won't last long - schedule your viewing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,255.89/mo

Includes CMHC insurance ($12,268)

$
$
5%10%50%

5-yr fixed avg.

Principal: $395,730Interest: $268,769
Mortgage Amount$407,998
Total Interest$268,769
Est. Property Tax$311/mo
Total Cost$676,767

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

608 Richmond Street Unit 205, 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)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$311
Insurance (est.)-$92
Net Cash Flow+$1,597

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

Market Position

At 41 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 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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    608 Richmond Street Unit 205 | $439,700 | Battaglia Team