304-287 Richmond Street, Toronto, ON
Moss Park, Toronto · MLS® C13177602
About this home
Welcome to the PENTHOUSE at 287 Richmond St. E. a refined LOFT residence within a boutique building in the heart of downtown Toronto, offering a sophisticated blend of architectural character, thoughtful design, and elevated urban living, complete with 1 surface parking space, 1 locker & rooftop deck. Seller may consider selling furnished turnkey. This exceptional residence showcases a high-end renovation completed in 2017, featuring luxurious finishes throughout, soaring ceiling heights, dramatic wall-to-wall windows, custom millwork, designer lighting, hardwood flooring, and a seamless connection to a private rooftop terrace designed for true indoor-outdoor living. The open-concept living area is anchored by a striking gas fireplace with a custom porcelain surround and Corinthia Hotel London-inspired shelving with integrated storage. Curated lighting and expansive glazing create a warm yet dramatic atmosphere ideal for both everyday living and entertaining. The kitchen is warm, functional, and beautifully appointed, featuring a gas stove, breakfast island with seating, custom cabinetry, painted glass backsplash, and a bespoke pine built-in breakfast table. Adjacent is a custom butler's pantry with a wine fridge, additional storage, and prep space, perfectly designed for hosting and entertaining. The upper-level loft bedroom serves as a private retreat with hardwood flooring, skylights, track lighting, a walk-in closet with pocket doors, and direct walkout access to the spectacular rooftop terrace-an elevated outdoor living space ideal for dining, relaxing, or entertaining above the city. The ensuite bathroom is elegantly finished with a glass-enclosed shower, skylight, built-in storage, and refined detailing throughout. Ideally located steps from St. Lawrence Market, the Distillery District, top restaurants, cafés, and downtown amenities, this penthouse offers a rare opportunity to experience boutique loft living in one of Toronto's most vibrant neighbourhoods.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13177602
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- West of Sherbourne
- Parking
- 1 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Brick
- Maintenance
- $763/mo
- Exposure
- West
- Property tax
- $4,675 / 2025
- Days on market
- 57
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Listed at $998,000, and my independent estimate is within the range of comparable homes, on the higher side.
In Moss Park lately, sellers get about 96% of asking; homes sell in ~34 days.
Total price vs nearby homes. Fair value about $914K, median of 33 comparables.
How this estimate is builtthe short version
I take the 33 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $852K, a close match.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 33 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 15% below the area average of $899/sqft.
56 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Moss Park, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $798,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,261
- Property tax
- $390
- Condo / maintenance fees
- $763
- Heating
- $0
- Estimated monthly cost
- $5,413
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,435
- Toronto municipal land transfer tax
- $16,435
- Estimated closing costs
- $32,870
Plus your down payment of $199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $255,634
- Principal paid down
- $101,676
- Interest paid
- $153,957
- Balance remaining
- $696,724
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.