717 Richmond Street, Toronto, ON
Niagara, Toronto · MLS® C13239230
About this home
717 is located in the heartbeat of the Queen West west area, home to great restaurants, unique retail, Trinity Bellwoods Park, Trinity Community Centre, two TTC lines (only minutes away) and the future Ontario Line. This detached home sits on a 25 by 90 foot lot waiting for the right buyer to re-invent the exterior and interior or potentially use it as a co-ownership (like it is now) or perhaps a new build? Check out 695 & 697 Richmond for inspiration both on 25 by 90 foot lots. Possibly another option for the forward thinking individuals multiple unit new build? Second floor is a well maintained flat, with drum room, (hence a raised floor and blocked window) large king size bedroom, spacious living room, walkout to deck off kitchen. Open concept main floor living/dining with high ceilings, lots of wall space for future art work. The bedroom, bath and extra living space are in lower level there is a walk-out from basement to rear yard. Main floor and basement needs complete renovation, walk-out from kitchen to rear south facing yard, in need of inspiration, walk the rear yard cautiously, shed is on its last legs. BRING YOUR IMAGINATION, ARCHITECT AND CONTRACTOR!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13239230
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 25 × 90.59 ft
- Cross streets
- Queen and Bathurst
- Parking
- 0 parking
- Driveway
- None
- Basement
- Walk-Out, Partially Finished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick Front, Insulbrick
- Foundation
- Unknown
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Property tax
- $7,571 / 2025
- Days on market
- 43
- Listing brokerage
- BOSLEY REAL ESTATE LTD.
Rooms
parquet · large window
W/O To Yard
raised floor · parquet
w/o to deck · vinyl floor
Ceramic Floor
closet · parquet
Parquet
parquet · closet
concrete floor · w/o to yard
Listed at $1,249,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Niagara, so I widened the search to the surrounding area.
Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.65M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1000K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $955K
That comparable adjusts to $955K; the $1.16M estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Niagara Street Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Queen St West at Tecumseth St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.16M, median of 11 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 22% below the area average of $921/sqft.
42 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Niagara, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Queen St West at Tecumseth St, about 134 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $999,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,332
- Property tax
- $631
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,963
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,455
- Toronto municipal land transfer tax
- $21,455
- Estimated closing costs
- $42,910
Plus your down payment of $249,800. 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
- $319,926
- Principal paid down
- $127,248
- Interest paid
- $192,678
- Balance remaining
- $871,952
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 BOSLEY REAL ESTATE LTD.. MLS®/PropTx.