530 Richmond Street
Waterfront Communities C1, Toronto, M5V 1Y4
FOR SALE
$1,449,000
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4
BEDROOMS 3
BATHROOMS 2
KITCHENS 8
ROOMS C13656612
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Property Description
Fully renovated duplex with flexible CRE (Commercial Residential Employment) zoning permitting residential, retail and office use. The property features 4 bedrooms, 3 bathrooms, 2 full kitchens, 2 laundries and 2 expansive decks across two-and-a-half floors, upper unit consists of 1126 sqft, lower unit 1098 sqft Both units are tenanted on a month-to-month basis. Freehold ownership in one of the city's most walkable pockets, all the space of a house with none of the monthly fees of a condo. Turnkey finishes throughout, minimal maintenance, exceptional location.
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Nearby Intersections
Property Features
Park, Public Transit, Fenced Yard, Built-In Oven, None
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Property Details
Address
530 Richmond Street
Community
City
Postal Code
M5V 1Y4
Property Type
Duplex, Duplex
Lot Size
19' x 63'
Taxes
$7,232 (2025
Basement
Finished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Garage Type
None
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Listing contracted with Harvey Kalles Real Estate Ltd.
Perfectly located on the superior side (East of Parliament) of Toronto's iconic Cabbagetown, this exquisite semi-detached character home offers a picturesque living experience akin to residing within a lush park. Surrounded by charming Victorian heritage homes, well-manicured lawns, whimsical laneways, parks & walking paths, you'll find peace & tranquility alongside hip restaurants & shops. Proper duplex with separate metering makes for a savvy investment opportunity with a net annual income of approx. $60k (gross $77k).Excellent opportunity to live in one unit & rent out the other for extra income. Upper level is vacant, while the main level is occupied by market rate tenants on a month-to-month basis, ensuring flexibility for the new owner to take full possession. Elegant interior is adorned with oak hardwood floors, crown mouldings & high ceilings create a warm & inviting ambiance, while newer kitchen features chic cupboards, stylish backsplash, granite countertops & stainless steel appliances. Breakfast/dining area is a true highlight overlooking a front porch which provides a delightful view of Wellesley St, perfect for enjoying morning coffee. The living area features a cozy built-in bench window bench. Walk-out to private backyard for outdoor relaxation & entertaining, while conveniently located main floor powder room is both stylish & functional. Oak staircase leads down to generously sized bedrooms. Lower level is a true retreat, showcasing high ceilings & spa-like 4-piece bathroom with marble, heated flooring for cozy comfort. Ample closet spaces in both rooms & separate laundry area. 2nd level apartment has 2 large bedrooms, 4pc washroom & modern kitchen combined with a living area that flows seamlessly to oversized New Orleans style balcony looking over the tree lined heritage district (grants available). Separate furnace, air conditioning and laundry for each unit. Easy access to highways & transit. Main Unit Photos Are Virtually Staged
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Exceptional opportunity in one of Toronto's most coveted west-end neighbourhoods, perfectly situated mere steps from the Bloor Subway Line. This meticulously maintained and thoughtfully updated property offers exceptional versatility, featuring three independent units - ideal for savvy investors, multi-generational families, or homeowners looking for significant supplementary income potential.Step into a truly turnkey property, each unit updated with contemporary style. The main floor unit showcases a stunningly renovated kitchen with SS Appliances and a breakfast bar, high ceilings and the convenience of dedicated in-suite laundry. In the bright 2nd floor unit you'll also find private laundry and a lovely sunny wood deck featuring views of the CN Tower - the perfect urban oasis. The third comfortable living space adds further flexibility and appeal to this unique offering.Designed with occupant comfort in mind, the residence features soundproofing between units. Practicality meets potential with a valuable garage accessible via the laneway, providing secure parking and generous storage. Immerse yourself in the heart of the dynamic Bloorcourt/Ossington community. Your new address places you within a short stroll of some of the city's most celebrated restaurants, trendy cafés, independent boutiques, vibrant parks, and lively nightlife. Enjoy seamless connectivity with the Bloor subway line and dedicated bike routes just moments away, offering quick access to downtown Toronto and beyond.This is more than a property; it's a rare, turnkey offering in an unbeatable location, brimming with exceptional flexibility and endless possibilities to live, invest, and thrive in one of Toronto's most desirable urban pockets.
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Positioned On A Premier Street In One Of Toronto's Most Resilient Rental Markets, This Beautifully Renovated 3 Unit Residential Property Offers A Premium Addition To Any Portfolio, Offered At A Stellar 5.7% Cap Rate, A Benchmark Return Increasingly Difficult To Find Within The City's Core. The Versatile Suite Mix Attracts High-Quality, Long-Term Tenants To Ensure Minimal Vacancy And Consistent Revenue, While Extensive Capital Improvements Mean The Heavy Lifting Has Already Been Done. Steps From Local Cafes, Transit, And Parks, This Highly Rentable Location Commands Premium Market Rates And Boasts A Low Turnover. Perfect For Any Investor Looking For Immediate Cash Flow And Effortless Management, This Property Delivers Stable, Predictable Returns From Day One.
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Excellent Investment Opportunity- Detached Duplex in Toronto's vibrant west end ideally suited for end-users, multi-generational families, co-ownership enthusiasts, and savvy investors alike. Rare & unique property that offers up 3 kitchens, 3 bathrooms and a large detached garage and Zoned for residential multiple (RM) with preferred Westside of Jane St. (Please refer to City of Toronto for full list of permitted uses). Large Detached Car Garage at the rear, providing loads of storage with potential for a future Garden Suite. *** Close to Bloor West Village, The Junction, The Stockyards Mall, TTC, Jane Station, schools, parks, golf, shopping & restaurants.
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Welcome to this charming 3-bedroom bungalow nestled in the heart of Toronto's sought-after Maple Leaf community. Situated on a huge private lot, this home offers 1677 sqft of single-level living, plus a finished walkout basement with both a side entrance and direct access to the garage-perfect for multi-generational living or rental potential. Step into the expansive great room extension, ideal for entertaining, which seamlessly walks out to a private, covered concrete deck overlooking a beautifully landscaped backyard oasis. The long driveway accommodates up to 3 vehicles, adding convenience and curb appeal. This property combines space, privacy, and location-just minutes from schools, parks, and major highways. Whether you're upsizing, downsizing, or investing, this bungalow checks all the boxes. St. John the Evangelist Catholic School, Pelmo Park Public School, C R Marchant Middle School, Weston Collegiate Institute, St. Basil-the-Great College School. Transit: Weston GO Station. TTC Bus Routes - Route 89 Weston: Connects to Keele and Wilson subway stations, Route 52Lawrence West: Runs east-west across the city, linking to Lawrence West subway station. Highway Access - Quick access to Highway 401 and 400.
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