This exceptionally designed, 1144 square foot, one-bedroom plus den, two-bathroom masterpiece in Cityscape Terrace reflects superior craftsmanship and attention to detail over two immaculate floors. Featuring a unique, customized layout with an abundant interior and exterior space, the entertainer's main floor showcases a tranquil and bright living & dining room which seamlessly integrates into an expansive west-facing private terrace oasis overlooking picturesque Augusta Street. The contemporary kitchen is a chef's dream and features stainless steel appliance, ample preparation space and storage throughout. The private upper level features a large primary bedroom retreat and is a full-floor sanctuary equipped with a fully updated, modern three-fixture spa-like bathroom and an expansive den area equipped with custom millwork which can be arranged as family room, home office or entertainment center.**Suite was originally configured as a 2 Bedroom** **EXTRAS** World Class Location! Easy Access To Queen & King West Shopping, Cafes & Galleries, Kensington Market, Financial & Entertainment Districts, Ace Hotel, Waterworks Food Hall, St. Andrews Park & Martin Goodman Trail. Steps To Public Transit.
1 bedroom, 1 bathroom, about 1,000 sq ft, works out to roughly $960 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 500 Richmond St W #315
Every detail from the listing, in one place.
Type
Condo
Style
2-Storey
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Condo Apartment
500 Richmond St W #315 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14094998$960,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 500 Richmond St W #315 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,716
/mo
based on the purchase price of $960,000
$192,000 cash
$768,000 financed
$646,858 total interest
Principal54%$768,000
Interest46%$646,858
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $960K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5097.1%On average, homes sold at or above asking.
Active listings12,415Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 9,303 sales from Jul 24 – Oct 22, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
500 Richmond St W #315 is listed at $960,000 (MLS® C14094998). Summitly updates the price as soon as the MLS® record changes.
Is $960,000 a good price for 500 Richmond St W #315?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 500 Richmond St W #315 changed?
No — 500 Richmond St W #315 is still listed at its original asking price of $960,000.
How many bedrooms and bathrooms does 500 Richmond St W #315 have?
500 Richmond St W #315 has 1 bedroom and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
Is 500 Richmond St W #315 close to transit?
The nearest rapid-transit station is Osgoode Station (Line 1), about 1.1 km (about a 13-minute walk) in a straight line. St. Andrew Station is about 1.1 km (about a 14-minute walk), and St. Patrick Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 500 Richmond St W #315?
About $4,716 a month — principal and interest on $960,000 with 20% down ($192,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 500 Richmond St W #315 compare with other homes in Toronto?
Its asking price of $960,000 is about 14% above the median sold price in Toronto over the last 90 days, $845,000, across 9,303 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 500 Richmond St W #315 been sold before?
Summitly has no earlier MLS® sale or lease of 500 Richmond St W #315 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 500 Richmond St W #315?
500 Richmond St W #315 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 500 Richmond St W #315 been on the market?
3 days — 500 Richmond St W #315 was listed on October 19, 2026.
What is the price per square foot of 500 Richmond St W #315?
About $801 to $960 per square foot: the asking price of $960,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 500 Richmond St W #315 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
