500 Richmond Street W 109, Toronto, ON M5V 3N4
Toronto C01, ON M5V 3N4
Quick cost estimateKnown monthly subtotal$5,574.72 / monthLand transfer tax $36,910One-time estimate
Quick cost estimate
$5,574.72 / monthKnown monthly subtotal
- Mortgage principal & interest
- $5,113.47
- Property tax / month
- $461.25
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $36,910
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal tax is included because the listing is located in the City of Toronto.
- Ontario tax
- $18,455
- Toronto municipal tax
- $18,455
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
Rarely offered - a spacious two-storey townhouse located at one of downtown Toronto's most well-loved boutique buildings. Located in the heart of Queen West and the Fashion District, this bright, thoughtfully-designed two-bedroom, two-storey unit offers the best of downtown urban living in a quiet, elegant retreat. With direct to street access, Unit 109 offers 1,437 square feet of elevated living. The main floor greets you with heightened ceilings, an oversized living room with two distinct seating areas, a gas fireplace, and an expansive wall of built-in shelving. An effortless flow to a charming 231-square-foot enclosed terrace with gas and water hookups offers your own private outdoor retreat. The kitchen is equipped with a suite of stainless steel appliances, a large breakfast bar and walk-in pantry. The adjacent standalone dining room is a rarity providing ample room for large gatherings in its own distinct setting with oversized built-in storage, crown moulding and recessed lighting throughout. This room could easily be converted to a spacious third bedroom. Upstairs two generous bedrooms greet you along with nearby ensuite laundry. The primary fits a king-sized bed comfortably and leads to a walk-in custom closet and a renovated spa-like ensuite bathroom with oversized shower. The second bedroom with south views could easily double as an office or guest room, with a double closet. Ground floor street-access units in this building are rarely available. Steps to the vibrant neighbourhoods of Queen West, King West, the Financial & Entertainment Districts, with endless nearby restaurants, shops and cafes and transit at your doorstep. Whether you're looking for a city pied-à-terre or a full-time home, this impeccable two-storey home is a rare opportunity to own a true Toronto gem in this coveted neighbourhood.
Home details
- Days on market
- Not reported
- Property type
- Condo Townhouse
- MLS® number
- C14149312
- Source status
- New
- Bedrooms
- 3
- Bathrooms
- 2
- Postal code
- M5V 3N4
- Kitchens
- 1
- Kitchens above grade
- 1
- Family room / den
- No
- Interior size (reported range)
- 1400-1599
- Garage parking spaces
- Not reported
- Total parking spaces
- 1
- Occupancy
- Partial
- Possession type
- 30-59 days
- Garage
- Underground
- Annual property tax
- 5535
- Maintenance fee (source period)
- 950.51
- Basement
- None
- Laundry
- Laundry Closet
- Interior features
- Storage Area Lockers
- Exterior features
- Patio, Lighting, Privacy, Year Round Living
- Architectural style
- 2-Storey
- Parking features
- Underground
- Fireplace
- Yes
- Waterfront
- No
- Elevator
- No
- Garage available
- Yes
- Attached garage
- Yes
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- Central Air
- View
- Downtown
- Construction materials
- Brick, Stucco (Plaster)
- MLS entry age (not confirmed DOM)
- 2 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- Central Air
- Included in maintenance
- Common Elements Included, Building Insurance Included, Parking Included, Water Included
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 2
- Bedrooms below grade
- 1
- Rooms above grade
- 6
- Rooms below grade
- 1
- Total rooms (source)
- 7
- Den / family room reported
- No
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $1,099,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
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- Region / county
- Toronto
- Municipality
- TORONTO
- MLS® community
- Waterfront Communities C1
- MLS® district
- Toronto C01
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
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Nearby schools
No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.
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Transit near this property
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Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
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Similar homes for sale in Toronto C01
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
500 Richmond Street W 109, Toronto, ON M5V 3N4, Toronto C01 is listed for sale as a Condo Townhouse. The listing reports 3 bedrooms, 2 bathrooms, reported interior area of 1400-1599 (units not reported), kitchens reported as 1, parking spaces reported as 1. Asking price: $1,099,000. Occupancy is reported as Partial. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® C14149312.
Local context
Explore the area: Toronto · Waterfront Communities C1.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® C14149312. Information deemed reliable but not guaranteed.