109 - 500 Richmond Street W, Toronto, ON M5V 3N4
Waterfront Communities, Toronto · Near Richmond And Spadina · View map
Same budget, other options in Waterfront Communities C1
Live from the Connect networkAbout 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.
The home
- Type
- Condo townhouse
- Style
- 2-Storey
- Square footage
- 1400-1599 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 6
- Basement
- None
- Faces
- South
- Level
- 01
- Balcony
- Terrace
- View
- Downtown
- Laundry
- Laundry Closet
- Approximate age
- 16-30 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $950.51/mo
- Fee includes
- Common Elements, Building Insurance, Parking, Water
- Complex
- MTCC 1290
- Property management
- Goldview Property Management
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Exterior
- Brick, Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
- Parking features
- Underground
Taxes & other
- Property taxes
- $5,535/yr
- Tax year
- 2025
- Occupancy
- Partial
- Possession
- 30-59 days
- Cross street
- Richmond And Spadina
- Neighbourhood
- Waterfront Communities
More
- Price per sq ft
- ~$733 (at 1,500 sq ft)
- MLS® number
- C14149312
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The home and its surroundings
- Storage Area Lockers
- Park
- Public Transit
- School
- Rec./Commun.Centre
- Hospital
- Patio
- Lighting
- Privacy
- Year Round Living
Included in the maintenance fee
- Common Elements
- Building Insurance
- Parking
- Water
Shared in the complex
- BBQs Allowed
- Visitor Parking
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
500 Richmond Street, Toronto, ON M5V 3N4
Waterfront Communities, Toronto · Near Richmond And Spadina
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Listing history for 500 Richmond Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Condo townhouse$777,0008 - 11 Niagara Street, Toronto1 bed · 1 bath · Waterfront CommunitiesCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →Frequently asked questions about 109 - 500 Richmond Street W
Answers come straight from this home’s MLS® listing.
How much is 109 - 500 Richmond Street W listed for, and what would it cost each month?
109 - 500 Richmond Street W is listed for $1,099,000. With 20% down ($219,800), the mortgage payment would be roughly $4,433 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $5,845 a month, all in. That figure is an illustration, not a quote.
Is 109 - 500 Richmond Street W freehold or a condo, and is there a monthly fee?
109 - 500 Richmond Street W is a condo townhouse in Waterfront Communities, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $950.51 a month. The listing says it covers common elements, building insurance, parking, water. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 109 - 500 Richmond Street W have?
109 - 500 Richmond Street W has 2 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms. The listing gives the style as 2-storey.
Does 109 - 500 Richmond Street W have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 109 - 500 Richmond Street W have a finished basement?
No. The listing shows no basement for this home.
What style of home is 109 - 500 Richmond Street W?
109 - 500 Richmond Street W is a condo townhouse. A condo townhouse is a townhouse in a condominium complex: you own the home and share the upkeep of the grounds and exterior through a monthly fee.
How big is 109 - 500 Richmond Street W?
The listing puts the home between 1,400 and 1,599 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 109 - 500 Richmond Street W heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 109 - 500 Richmond Street W?
Property taxes are $5,535 a year (2025), or about $461 a month.
Are pets allowed at 109 - 500 Richmond Street W?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 109 - 500 Richmond Street W?
109 - 500 Richmond Street W is in the Waterfront Communities community of Toronto. The nearest main intersection is Richmond And Spadina. The postal code is M5V 3N4.
Is 109 - 500 Richmond Street W still for sale?
Yes. It is an active listing (MLS® C14149312). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 109 - 500 Richmond Street W asking?
Similar condos for sale nearby right now include 315 - 500 Richmond Street W at $960,000 (1+1 bed), 102 Fort York Boulevard at $1,249,000 (2 bed) and TH-112 - 121 Lower Sherbourne Street at $948,000 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 500 Richmond Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 109 - 500 Richmond Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.