41 days on Market

500 Richmond St #118, Toronto, Ontario M5V 1Y2

In the same building:
-
Condo
2
2
~1000-1199 sqft
$•••,•••
$1,179,900
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Condo
2
2
~1000-1199 sqft

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Highlights

Property Estimate

Days on market41 days

Estimated valueNot available

Price/Sqft$1,082/sqft

Monthly cost

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CMA Subject Property

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+71

Properties sold*

$700K

Median sold price*

*Based on last 30 days

Description

Welcome to this rarely offered, professionally remodeled townhouse in the heart of Toronto's Fashion District, one of the most sought-after locations for unparalleled urban living. This impeccably fully renovated luxurious suite boasts just under 1,100 square feet of modern, open concept living space, designed for both comfort and style. Soaring nine-foot ceilings on both the main and second levels, with premium finishes throughout, elegant pot lighting, a complete smart home, and audio ecosystem ensures a refined living experience. (Ask your realtor for a full list of upgrades.)The sleek chef's kitchen boasts a massive quartz backsplash, extra-long counter, and a waterfall-edge peninsula, adding functionality and elegance. Divided in several sections you will find high-end appliances including built-in wine fridge, French-door fridge, whisper-quiet Bosch dishwasher & a 5-burner gas stove-top. Upstairs, the second floor offers two bedrooms with custom built-ins, seamlessly blending storage solutions with thoughtful design. The bathroom is a true retreat featuring double Italian-made vanities, an anti-fog LED mirror, a heated towel rack, and a rain-inspired walk-in shower. A thoughtfully integrated laundry area ensures both ease and convenience. The crowning jewel of this home is its newly refreshed, expansive 425-square-foot terrace is an oasis of tranquility and peace amid the vibrant city. This rare offering is truly a must-see for those seeking the perfect blend of luxury, indoor & outdoor living, convenience, and modern elegance in a superb location and a quiet building. A walker's, rider's, and biker's paradise with scores of 100, 100, and 92, respectively. Enjoy exclusive access to world-class amenities, including five-star restaurants, bars, theaters, parks, art galleries, and premier shopping, all just steps from your door. MUST SEE.


Property Details

Style2-Storey
View-
Age of property16-30
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12198166
Community NameEntertainment District
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace

2nd Floor

2nd Br

2.69 x 3.9

B/I Closet / Pot Lights / Pot Lights

Primary

3.7 x 5.86

B/I Closet / 3 Pc Ensuite / Combined W/Laundry


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, Bike Storage

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 5, 2025
ListedActive
$1,179,900
41 days on market
history photo preview37
Listing by trreb®

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

31 days

Compared to

2024

29 days

2023

19 days

2022

20 days

New Listings

Past 30 days

269 listings

Compared to

2024

292 listings

2023

241 listings

2022

258 listings

Units sold

Past 30 days

50 units

Compared to

2024

71 units

2023

76 units

2022

78 units

Median Sold Price

Past 30 days

$609,750

Compared to

2024

$700,000

2023

$750,000

2022

$700,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

0 to 19
7%
20 to 34
57%
35 to 49
22%
50 to 64
9%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget