Living room with furniture, unknown for 500 Richmond St #116, Toronto Ontario M5V 3N4
Re-listed 1 day ago

500 Richmond St #116, Toronto, Ontario M5V 3N4

In the same building:
-
Condo
2
1
~1200-1399 sqft
$•••,•••
$899,900
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Condo
2
1
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$696/sqft

Est. Mortgage$3,865/mo

Tax Amount (2024)$4,556/yr

Maintenance fees$908/mo

Days On Market1 day

Total Days On Market19 days


Description

Rarely offered condo that feels like a townhouse, located in the heart of Toronto's vibrant downtown core. Featuring a private, separate entrance and an amazing sun-filled terrace with a gas BBQ outlet --perfect for entertaining or simply unwinding. With over 1200 sq. ft. of thoughtfully designed, open-concept living space, this home blends comfort, style, and functionality. Enjoy hardwood flooring throughout, soaring 9-foot ceilings, and California shutters in the bedrooms. The kitchen is equipped with stainless steel appliances, a glass tile backsplash, and a walk-in pantry. Ideally situated between the dynamic Queen West and King West neighbourhoods, with popular Waterworks Food Hall, The Well, and St. Andrews Park all nearby. Step outside and experience the best of downtown living, with cafes, restaurants, boutiques, and green spaces just moments from your door!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12119090
Community NameEntertainment District
Data SourceTRREB
Listing byFOREST HILL REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

6.63 x 4.29

Combined W/Dining / W/O To Terrace / hardwood floor

Dining

6.63 x 4.29

Combined W/Living / Pot Lights / hardwood floor

Kitchen

3.3 x 2.57

Stainless Steel Appl / Pantry / Tile Floor


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


1Story
Amenities

Bbqs Allowed, Guest Suites, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
1 day on market
history photo preview28
Listing by trreb®
Property listed by FOREST HILL REAL ESTATE INC., Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

31 days

2023

22 days

2022

14 days

New Listings

Past 30 days

282 listings

Compared to

2024

326 listings

2023

181 listings

2022

235 listings

Units sold

Past 30 days

53 units

Compared to

2024

75 units

2023

95 units

2022

95 units

Median Sold Price

Past 30 days

$700,000

Compared to

2024

$727,000

2023

$707,000

2022

$770,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Estimated Budget