533 Richmond St W Ph2

FOR SALE
$3,800,000
533 Richmond St W Ph2, Downtown Toronto
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
533 Richmond St W Ph2
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
C9768730
MLSID
Contact Us
Property Description
Stunningly reimagined, this 2,100 sq ft, two-level penthouse in the heart of Torontos Fashion District exudes luxury with a touch of modernity. 2 Bed + Den with 3 bathrooms. Set in a boutique building, this residence offers expansive living spaces, an 18-foot double-height living room, a striking floating staircase, and gas fireplace, all bathed in natural light from floor-to-ceiling windows. Enjoy panoramic views of the city skyline from your own private 1,876 sq ft rooftop terrace, an entertainers dream with meticulously engineered features. 1,000L swim spa, a year-round heated retreat that doubles as a lap pool or hot tub for 8-10 guests, complete with LED ambiance and antifreeze functionality. A bioclimatic pergola, custom-imported from Europe, provides versatility with a retractable roof, delivering unparalleled outdoor relaxation and an expansive open-sky experience. The terrace is prepped with gas lines for a future outdoor kitchen or BBQ and doubles as a garden oasis with built-in storage. Included the buildings largest storage cage locker, and two premium tandem parking spots for unmatched convenience and a private gym featuring a 65 Smart TV.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-12-01 2023-12-13 17 $13,000 $12,500 Leased
2019-04-26 2019-05-07 11 $2,250,000 $2,200,000 Sold
2018-10-10 2018-12-04 56 $2,495,000 - Suspended
Nearby Intersections
Property Details
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
2000-2249
Taxes
$7,239 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
2
Parking 1
Owned (Pb-08)
Parking 2
Owned (Pb-08)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain14.99' x 19.98'Gas Fireplace, W/O To Balcony, Hardwood Floor
DiningMain8.56' x 17.98'Hardwood Floor, Halogen Lighting, Sliding Doors
KitchenMain14.99' x 25.66'Stainless Steel Appl, Hardwood Floor, Centre Island
BreakfastMain14.99' x 25.66'Hardwood Floor, B/I Shelves, Led Lighting
Prim BdrmUpper14.90' x 14.99'5 Pc Ensuite, W/I Closet, Hardwood Floor
2nd BrUpper7.41' x 15.98'Hardwood Floor, O/Looks Living, Closet
Other3rd41.14' x 44.82'South View, North View, East View
LockerBsmt8.50' x 21.00'Separate Rm
LockerBsmt4.49' x 13.25'Separate Rm
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
533 Richmond St W Ph2 is a 2-bedroom 3-bathroom condo listed for sale at $3,800,000, which is $3,033,926 (396.0%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.
Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) more 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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