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MLS® listing

458 Richmond Street W 806: condo apartment for sale

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$475,000

1 bedroom, 1 bathroom, Condo Apartment · Waterfront Communities C1 · near Richmond st. W/Spadina

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From the listing brokerage

Location! Location! Location! Only few years new Luxury wood Woodsworth!!! This unit is just like a brand new unit : entire unit just fully done fresh painted, professional cleaned, and detailed touched up, renovated in August, 2026! Perfect very bright sunny south facing Junior one bedroom floor plan + 1 level A #1 Storage Room+over $20K $$$ spent upgrade for finishing !!! (upgrade finished included :concrete ceiling upgrade to smooth ceiling, wood floors throughout, kitchen and bathroom luxury finishes, custom-made blinds, and more!!! ) Soaring 9 ft high ceiling, gas cooking stove, quartz countertop, and ultra modern finish finishes. Ultrachic building with great amenities: Gym , party/meeting room, patio lounge with BBQ equipments and 24 hours security system. TTC @ your door, steps to U of T, UHN hospitals, Toronto Metropolitan University(TMU) , Queen St. W. Shops, resturants, financial district & entertainment district. **EXTRAS** Purchase Price included:1Level A#1 storage Room + Over $20K $$$ Spent High End Upgrade Finishes for the unit + ( S/S Gas Cooktop, Fridge, Built In Oven, Built-In Microwave, Washer And Dryer, All Elfs, And Custom Made Window Blinds!!! ) Plus This unit just fully fresh painted , professional cleaned , detailed touched up renovated in August, 2026! Fantastic like a brand new unit, turn key to move in and own this unit with your full confidence, won't be disappointed!!! Downtown living @ its best!!!

Virtual tour

Facts on the listing

Square feet0-499
Approximate age0-5
StyleApartment
BasementNone
Parking spaces0
GarageUnderground
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$503
Property tax$2,775
Tax year2026
LockerOwned
PetsYes-with Restrictions
ExposureSouth
Fee includesCommon Elements Included, Building Insurance Included, Water Included, CAC Included
Building amenitiesGym, Party Room/Meeting Room, Bike Storage, Rooftop Deck/Garden, BBQs Allowed
BalconyNone
LaundryEnsuite
ParkingUnderground
Interior featuresCarpet Free
FeaturesHospital, Library, Park, Place Of Worship, Public Transit, School
Floor8

Listing courtesy of RE/MAX WEST VICKY HSU GROUP REALTY. MLS® C13680178.

About this condo apartment

458 Richmond Street W 806 is a 1 bedroom condo apartment in TRREB's Waterfront Communities C1 community in Toronto, listed for sale at $475,000. The listing shows 1 bathroom and 0-499 square feet. The style is given as apartment. The unit faces south. It comes with an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Richmond st. W/Spadina. The age is listed as 0-5 years.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

Building amenities on the listing: gym, party room/meeting room, bike storage, rooftop deck/garden and bbqs allowed.

What it costs to buy 458 Richmond Street W 806

At the asking price of $475,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$475,000
Ontario land transfer tax$5,975
Toronto municipal land transfer tax$5,975
Both taxes$11,950
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$23,750

The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$503 a month
Property tax (2026)$2,775 a year, about $231 a month
Fee and tax togetherabout $735 a month

The listing says the maintenance fee includes common elements, building insurance, water and cac. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

How the asking price compares

TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $475,000, which is $75,000 below that median.

The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. The listing shows a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

About Downtown Waterfront

A condo market between the rail corridor and the lake, with Union station at its north edge. Almost every sale here is a condo apartment.

Transit: Union station (Line 1 and GO), St Andrew station (Line 1), Exhibition GO to the west, 509 Harbourfront, 510 Spadina and 504 King streetcars, 121 Esplanade-River bus

Property typeMedianSales and average
Waterfront Communities C1, all property types$610,000401 sales, average $730,812
Waterfront Communities C1, condo apartmentAbout $607,000396 sales, average about $726,000
Waterfront Communities C1, condo townhouseAbout $890,0003 sales, average about $927,000
Waterfront Communities C8, all property types$597,500114 sales, average $716,565
Waterfront Communities C8, condo apartmentAbout $595,000113 sales, average about $712,000

Source: TRREB community housing market reports, as set out in the guide.

Questions about Downtown Waterfront

What do waterfront condos in Toronto sell for?

From April to June 2026 TRREB recorded a condo apartment median of about $607,000 across 396 sales in Waterfront Communities C1 and about $595,000 across 113 sales in Waterfront Communities C8.

Is the downtown waterfront a good place to live without a car?

For transit it is well placed, with Union station for Line 1 and GO trains, St Andrew station on Line 1 and the 509 Harbourfront, 510 Spadina and 504 King streetcars. Exhibition GO is to the west.

Are there houses for sale on the downtown waterfront?

Very few. TRREB recorded no detached sales in either community from April to June 2026 and only one or two freehold sales, while 509 of the 515 sales were condo apartments.

Which parks are on the waterfront?

City parks include HTO Park, Sugar Beach Park, Sherbourne Common, Canoe Landing, Roundhouse Park, Berczy Park and David Crombie Park.

Are there community centres and libraries nearby?

Canoe Landing Community Recreation Centre is at 45 Fort York Boulevard and St. Lawrence Community Recreation Centre at 230 The Esplanade. The Toronto Public Library has Fort York and St. Lawrence branches.

Read the Downtown Waterfront neighbourhood guide · All Downtown Waterfront homes for sale

Similar homes for sale in Downtown Waterfront

Questions about 458 Richmond Street W 806

How much is land transfer tax on 458 Richmond Street W 806?

At the asking price of $475,000 the Ontario tax is $5,975 and the Toronto tax is $5,975, $11,950 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 458 Richmond Street W 806?

$23,750 at the asking price of $475,000, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 458 Richmond Street W 806?

The listing shows $503 a month, including common elements, building insurance, water and cac. Check the current fee in the status certificate.

How much is the property tax on 458 Richmond Street W 806?

The listing shows $2,775 a year for 2026, about $231 a month.

Is 458 Richmond Street W 806 priced above or below the median?

It is listed at $475,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $75,000 lower. The median covers all sizes and neighbourhoods.

How do I book a showing for 458 Richmond Street W 806?

Use the form on this page or call us. Quote MLS® C13680178. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 458 Richmond Street W 806 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

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