530 Richmond Street
Waterfront Communities C1, Toronto, M5V 1Y4
FOR SALE
$1,349,000
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4
BEDROOMS 3
BATHROOMS 2
KITCHENS 8
ROOMS C13861226
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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.
Ideally situated at Dupont Street and Spadina Road, in Toronto's desirable Annex neighbourhood, this property offers an exceptional blend of urban convenience and neighbourhood charm. Excellent investment opportunity at Dupont Street featuring three fully renovated self-contained apartments, offering multiple income streams and strong rental potential. All three units underwent extensive renovations in 2020, including updated plumbing and electrical systems. Major mechanical upgrades include a new roof in 2018 and a new furnace and air conditioning system in 2025.The property comprises three spacious units: a 2-bedroom, 1-bathroom basement apartment, a 2bedroom, 1-bathroom main-floor apartment, and an upper-level 3-bedroom, 2-bathroom apartment spanning the second and third floors. All bathrooms are full bathrooms. Each apartment is equipped with four kitchen appliances and its own in-unit laundry for added convenience. A turnkey, income-generating property with three established rental units, significant capital improvements, and convenient in-suite amenities. An excellent opportunity for investor seeking immediate rental income and long-term investment potential. Just steps from Dupont subway station, with easy access to TTC transit, the property is surrounded by local cafés, restaurants, shops, and everyday amenities. Enjoy close proximity to the University of Toronto, Casa Loma, and the vibrant Bloor Street shopping district. With convenient access to downtown Toronto and nearby employment, educational, and cultural destinations, this location is highly attractive to students, professionals, and urban residents alike. An outstanding opportunity for investors seeking a multi-unit property in awell-established and sought-after Toronto neighbourhood. Total Annual Rental Income: $97,080 Over 6,3% Cap Rate
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Legal Duplex! Welcome to your new home in one of Toronto's most vibrant and culturally rich neighbourhoods - Corso Italia! Perfectly situated just steps from the shops, cafés, and buzz of St. Clair Avenue West, this 3-bedroom, 2-bathroom home was extensively renovated and upgraded in recent years thoughtfully blending modern conveniences with the timeless charm of an older home. It's got Magic windows throughout with retractable screens, updated plumbing, a new roof, new gutters just to name a few. There's even a waste stack already in place, so you can easily enclose the porch and add a powder room if desired. With a bright, open living space and a well-laid-out main floor that brings in plenty of natural light and room to relax or entertain. Beyond the back door, discover a lush, fully fenced backyard that offers a rare sense of tranquility in the city. Thoughtfully landscaped with mature greenery, a stone patio, and cozy seating areas, this space is perfect for al fresco dining, weekend lounging, or evening entertaining under the stars. Whether you're a gardener, a BBQ enthusiast, or simply crave a quiet place to unwind, this backyard delivers. It's your private retreat, right in the heart of Toronto. Live in the heart of Corso Italia, a walkable, culturally rich neighbourhood known for its Italian heritage, strong community feel, and exciting mix of shops, restaurants, and local spots. You're just steps from St. Clair West, with easy access to streetcar lines, parks, schools, and downtown Toronto. This is more than a home - it's a lifestyle. From the charm of the interior to the calm of your own backyard escape, all just minutes from the city's best dining and entertainment - this is urban living, elevated.
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An exceptional opportunity in the heart of Toronto's vibrant College West neighbourhood! This substantial 2-storey semi-detached home is currently configured into 4 self-contained living spaces, offering tremendous flexibility for investors, end users or multi-generational families. A rare opportunity with 2 units already vacant and a third becoming vacant October 31st, allowing the new owner to establish their own rents or occupy one unit while generating income from the others to help offset mortgage costs. The remaining unit is occupied by a long-term tenant who would welcome the opportunity to stay. Current and previous rental income demonstrate the property's excellent income-generating potential, with additional upside as vacant units are re-leased. Situated in a dynamic west-end community, just steps to trendy restaurants, cafés, independent shops, parks, schools, Dufferin Mall and convenient TTC access, including the College streetcar and Lansdowne subway station. Whether you're looking to expand your investment portfolio or establish roots in one of Toronto's most exciting neighbourhoods, 1242 College Street offers location, versatility and opportunity!
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An exceptional turn-key investment opportunity in a prime Toronto neighborhood, this property offers outstanding income potential in an unbeatable location. Featuring separate units- two-bedroom suites on the upper and main levels, plus a one-bedroom lower suite. The property also boasts a rare, generous backyard offering endless potential for future development or outdoor living. Situated in a vibrant community steps from TTC transit, subway access, popular dining, and everyday amenities, this home delivers an ideal mix of immediate cash flow, future growth, and long-term value.
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In the heart of Downtown Toronto, a legal 2 units, 2-storey duplex presents an excellent opportunity for investors, first-time buyers, and those seeking a flexible income-producing property. Why take on the uncertainty, stress, time and expense of a major renovation/build when the work is already done? This move-in-ready duplex features two fully self-contained apartments, each with its own separate entrance, separate hydro meter, forced-air gas furnace, in-suite laundry and quality appliances. Ideal for an investor seeking rental income or a first-time buyer looking to live in one unit while generating income from the other. The property has enjoyed a consistent rental income over the years, attracting working professionals and students who value the convenience of downtown living with modern comfort. Located directly on a TTC bus route and close to a subway station, with a short 15-minute walk to George Brown College, CF Toronto Eaton Centre and Toronto Metropolitan University (TMU), this property combines income potential, convenience and urban lifestyle. The main floor and the basement combine as one unit of 4 bed & 2 washrooms. Its kitchen with cream hexagon ceramic backsplash brings warmth to the grey cabinetry and stainless steel appliances, laundry and an outdoor escape to a cute backyard. Opening the second front door is an entrance up the stairs to a 2 bedroom, 1x3 pc bath & laundry. This 2nd floor self contained unit is a modern & bright apartment. The combined living/dinning with an open concept overlooking the kitchen with stainless steel appliances. Off the first bedroom is a balcony overlooking the backyard. A 3pc washroom by the hallway and laundry. Wanting to own and get potential income? Book a showing to see this handsome duplex today! Or watch 2 videos separately of each unit in 3D
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Rare & Exceptional Opportunity In The Heart Of Mimico! This well-maintained, owner-occupied legal duplex offers an incredible combination of multiple units, location, lot size, and parking. Currently configured as a legal duplex, featuring a spacious 2-bedroom main-floor unit and a generous 3-bedroom upper unit. The lower level offers an additional 1-bedroom apartment with a separate entrance, an excellent opportunity for buyers looking to maximize the property's potential. Each unit features separate hydro meter and ensuite laundry. Set on a rare 146-foot-deep lot, the property also features a detached garage and private parking; an exceptional offering in this highly sought-after Mimico neighbourhood. The home has been lovingly cared for by its owner and offers a fantastic opportunity for investors, multi-generational families or buyers looking for additional rental income. Steps to Parklawn and Lakeshore, enjoy the best of Mimico with the lake, waterfront trails, parks, dining, shopping, transit and major commuter routes all close by. A truly rare property with exceptional potential in one of Toronto's most desirable west-end communities.
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This duplex was completely rebuilt in 2004 and features an addition. With nearly 4,000 square feet of living space, this property is ideal for multigenerational living, with separate apartments on the main and second floors. The recently finished basement has the potential to serve as a large apartment. There is also a dedicated laundry space and an oversized double garage.
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