530 Richmond St W

FOR SALE
$1,695,000
530 Richmond St W, Downtown Toronto
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
530 Richmond St W
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4
BEDROOMS
3
BATHROOMS
2
KITCHENS
8
ROOMS
C8189696
MLSID
Contact Us
Property Description
Welcome to this exceptional duplex property, recently renovated to offer a blend of residential comfort and income potential. This property caters to diverse needs. The upper unit is currently rented, while the lower unit remains vacant, providing the option to reside in one and rent out the other.Situated directly across from the newly completed Waterworks YMCA and Food Hall, with easy access from Richmond, this duplex enjoys an enviable location. The lower unit has been meticulously renovated, offering a turnkey solution for the new owner. Boasting 4 bedrooms, 3 bathrooms, 2 kitchens, 2 laundries, and 2 expansive decks across two-and-a-half floors, this property provides ample living space with minimal maintenance requirements.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-14 2021-06-05 22 $3,200 $3,000 Leased
2021-04-07 2021-05-15 38 $3,200 - Terminated
Extras
Located in a high-demand area close to shops, restaurants, public transit, groceries, universities, and the Gardiner Expressway, this duplex ensures convenience at every turn.
Nearby Intersections
Property Features
Fenced Yard, Park, Public Transit
Property Details
Property Type
Duplex, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
19' x 63'
Fronting
North
Taxes
$6,390 (2023)
Basement
Finished
Exterior
Stucco/Plaster
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain4.92' x 5.58'Ceramic Floor
LivingMain8.07' x 12.34'Pot Lights, Window, Combined W/Dining
DiningMain10.01' x 10.99'Bay Window, Combined W/Living, Pot Lights
KitchenMain7.35' x 10.66'B/I Appliances, Custom Counter, Custom Backsplash
BrMain7.58' x 8.50'Window, Laminate, W/O To Deck
LivingUpper11.32' x 14.07'Hardwood Floor, Pot Lights, Open Concept
KitchenUpper10.99' x 14.34'B/I Appliances, Custom Counter, Pot Lights
2nd BrUpper10.66' x 14.17'Hardwood Floor, Picture Window, Wall Sconce Lighting
3rd Br3rd11.32' x 13.48'Skylight, W/O To Deck, Pot Lights
4th BrLower13.32' x 16.83'Above Grade Window, Pot Lights, W/I Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
530 Richmond St W is a 4-bedroom 3-bathroom home listed for sale at $1,695,000, which is $400,128 (19.1%) lower than the average sold price of $2,095,128 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto increased by $36,827 (1.8%) compared to the previous 30 day period (March 2 - March 31) and up $54,275 (2.7%) from the same time one year ago.
Inventory Change
There were 611 4-bedroom homes listed in Downtown Toronto over the last 30 days (April 1 - April 30), which is up 44.1% compared with the previous 30 day period (March 2 - March 31) and up 18.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold $16,669 (0.8%) above asking price over the last 30 days (April 1 - April 30), which represents a $1,476 decrease compared to the previous 30 day period (March 2 - March 31) and $43,538 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Downtown Toronto over the last 30 days (April 1 - April 30) stood at 52.2%, down from 54.2% over the previous 30 days (March 2 - March 31) and down from 58.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Downtown Toronto stood at 15 days when successfully sold over the last 30 days (April 1 - April 30), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd.
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