Townhouse sold at 116-500 Richmond Street, Toronto, Ontario, M5V 3N4 - Waterfront Communities C1 - MLS: C12083497

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116-500 Richmond Street

Toronto, Ontario, M5V 3N4 - Waterfront Communities C1

$979,900

Neighbourhood

Waterfront Communities C1
Major Intersection

Richmond St W / Spadina

Listed Since: 386 day(s)
Last update: 370 day(s) ago

Overview

Property Type

Condo Townhouse, 2-Storey
Bedrooms

2
Bathrooms

1
Square Feet

1200-1399
Exposure

South
Total Parking

1 Underground Garage
Maintenance

$908
Taxes

$4,556.39 (2024)
Balcony

Terr

Property Description

Property description for 116-500 Richmond Street, Toronto

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 1,200 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 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.

Listed by FOREST HILL REAL ESTATE INC.

Property details

MLS #

C12083497
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Upper
Building Amenities

Bbqs Allowed,Guest Suites,Visitor Parking
Maintenance Fee Includes

Parking, Water
Property Management

Goldview Property Management - (416) 630-1234
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12083497
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Upper
Building Amenities

Bbqs Allowed,Guest Suites,Visitor Parking
Maintenance Fee Includes

Parking, Water
Property Management

Goldview Property Management - (416) 630-1234
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

6.63 x 4.29 ft Flat level

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

6.63 x 4.29 ft Flat level

Combined W/Living, Pot Lights, hardwood floor
Kitchen

3.3 x 2.57 ft Flat level

Stainless Steel Appl, Pantry, Tile Floor
Primary

5.41 x 3.53 ft Upper level

W/I Closet, Semi Ensuite, hardwood floor
2nd Br

3.76 x 3.33 ft Upper level

California Shutters, Closet, hardwood floor
Foyer

2.03 x 1.17 ft Flat level

Tile Floor, Closet

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 116-500 Richmond Street, Toronto

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2025-04-15

$1,012,328

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Local Real Estate Price Trends for Condo Townhouse in Waterfront Communities C1

Active listings

Average Selling Price of a Condo Townhouse

April 2026

$890,000

Last 3 Months

$573,667

Last 12 Months

$602,333

April 2025

$1,465,000

Last 3 Months LY

$946,667

Last 12 Months LY

$714,375

Change

-39%

Change

-39%

Change

-16%

Historical Average Selling Price of a Condo Townhouse in Waterfront Communities C1

Average Selling Price

3 years ago

$1,130,000

Average Selling Price

5 years ago

$776,667

Average Selling Price

10 years ago

$1,166,500

Change

-21%

Change

15%

Change

-24%

How many days Condo Townhouse takes to sell (DOM)

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-57%

Change

-73%

Change

-38%

Average Selling price

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Closing Cost Calculator

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Closing Cost Total for this property

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.