692 Richmond St W
Toronto C01 | Niagara | M6J 1C5- 3
- 4
- 0
$2,399,000
Est. Mtg $8,134 /mo-
Days on market
92
-
Status
Sc
Home details
- MLS #:
C9017771
- Property type:
- Detached
- Style:
- 2-Storey
- Taxes:
- $6,749
- Possession:
- Flexible
- Lot Front:
- 25.0 Feet
- Lot Depth:
- 105.0 Feet
- Basement:
- Sep Entrance | W/O
- Driveway Pkg:
- 1
- Heat:
- Electric | Baseboard
Description
692 Richmond St W, , Toronto, Ontario is a Detached property in Toronto C01 and in the Niagara community in the M6J 1C5 postal code
Wow, one of the first factories in the Fashion District! Cool factor, check! This 150 year-old classic red brick building with gorgeous stained glass, exposed brick & wood beams, was cleverly converted into four self-contained units. Currently, there are three updated residential apartments. Each have renovated kitchens and baths with incredible windows, character & square footage! There's also a fourth unit that provides an option to easily add value in the 1,515SF unfinished lower level that already has 8'+ ceiling height, large windows and two entrances! A premium 25 by 105 Detached lot abutting two laneways, with over 20 windows on all four exposures of the building, this is a great opportunity for Investors, End-users or Developers alike! Currently the upper unit is a 1,475SF 1 bed, 1 bath, laundry + rooftop deck (tenanted with great tenants). Main (front) is 950SF 1 bed, 1 bath, laundry + front porch (tenanted with great tenants). Main (back) is 540SF + backyard. All with separate entrances and hydro meters! Vacant possession is possible. Endless potential for laneway development, third floor addition (or up to 6-storeys), return to single family "super house", trophy "purpose-built rental", one or two basement apartments, commercial applications in lower level (was a greeting card business), get creative because the sky is the limit! In the new "protected transit zone" allowing for much larger density. Ideally located in one of the best blocks in all of Downtown Toronto on a quiet one-way street in Iconic neighbourhood. Walk in any direction to Downtown's most sought after amenities. Trinity-Bellwoods Park, Queen West, Dundas West, King West, new King/Bathurst Subway, Financial District, Ossington strip, King & Portland, the Lake, Porter Airport and the Highway..
Extras
1 car garage off of laneway is currently used as storage..
History
Sign in for full accessList Date | End Date | List Price | End Price | Status | MLS # |
2022-09 | 2022-11 | $3,250,000 | $3,250,000 | Ter | C5766588 |
2022-12 | 2023-03 | $3,150,000 | $3,150,000 | Ter | C5843225 |
2023-03 | 2023-09 | $2,999,900 | $2,999,900 | Exp | C5960063 |
2023-09 | 2024-06 | $2,800,000 | $2,650,000 | Exp | C7034600 |
2024-07 | 2024-10 | $2,399,000 | $2,399,000 | Sc | C9017771 |
Comparables
Sign in for full accesssold Date | Address | List Price | sold Price | DOM |
2023-06 | 23 Mitchell Ave, | $2,299,000 | $2,500,000 | 2 |
2021-11 | 74 Niagara St, | $3,995,000 | $3,995,000 | 9 |
2019-10 | 12 Stanley Terr, | $1,100,000 | $1,070,000 | 12 |
2019-04 | 122 Niagara St, | $1,588,000 | $1,650,000 | 6 |
2018-10 | 741 Richmond St W, | $1,379,900 | $1,370,000 | 9 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity Detached
Sale activity
Toronto C01 :
8
$2,184,123
14
0.12%
Municipality activity All Property Types
Sale activity
Toronto C01 :
$937,019
382
962
16
103%
-0.62%
Sale Chart - Detached
Toronto C01 Average Price (2 Years):
Sale Chart - Detached
TRREB Total Average Price (2 Years):
Estimated running costs for 692 Richmond St W
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $8134 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $562 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Hospital
-
Park
-
Public Transit
-
Rec Centre
-
School
Payment calculator
-
Principal and Interest
8134 /mo
-
Property Taxes
$562 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.