208-676 Richmond Street, Toronto, ON
Niagara, Toronto · MLS® C13496908
About this home
Steeped in Toronto's musical history, welcome to the iconic Decca Records Building, one of the city's most coveted authentic hard loft conversions. Once home to the renowned Decca Records Canada headquarters, this boutique landmark seamlessly blends industrial heritage with sophisticated modern living in the heart of the Fashion District. Masterfully renovated, this exceptional residence showcases soaring double-height ceilings, exposed brick, original steel beams, industrial ductwork, and warehouse-inspired architecture that celebrate the building's rich history. Flooded with natural light, the open-concept living space is both dramatic and inviting. With over 1400 square feet of living space, this home has tons of storage throughout and offers space and functionality. At its heart is a beautifully designed chef's kitchen featuring premium appliances, a gas range, custom cabinetry, and an oversized island that serves as the perfect gathering place for family, friends, and unforgettable dinner parties. The adjoining living room is warm and inviting, anchored by a rare wood-burning fireplace and custom built-in cabinetry for books and collectibles, all set against a backdrop of exposed original brick. Overlooking the principal living area, the versatile mezzanine offers the perfect space for a home office, yoga studio, library, or media lounge. The upper level continues to impress with a second multi-purpose living area featuring an oversized skylight and double patio doors leading to a generous, private terrace an exceptional outdoor retreat for entertaining or relaxing under the city skyline. Custom sliding barn doors reveal a romantic and generously sized primary bedroom complete with a lofted retreat, walk-in closet with custom organizers, and a beautifully appointed ensuite offering exceptional storage. A rare opportunity to own one of Toronto's most iconic authentic lofts, where timeless architecture, rich history, and contemporary luxury come together
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- C13496908
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- Queen St & Bathurst St
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $862/mo
- Exposure
- North
- Property tax
- $5,202 / 2025
- Days on market
- 27
- Listing brokerage
- INTERCITY REALTY INC.
Rooms
Listed at $1,475,000, and my independent estimate is tracking about 28% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA.
In Niagara lately, sellers get about 95% of asking; homes sell in ~38 days.
Total price vs nearby homes. Fair value about $1.15M, median of 7 comparables.
How this estimate is builtthe short version
I take the 7 most comparable recent listings 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 listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.22M, 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
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. 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
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 7 comparable homes nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 8% above the area average of $911/sqft.
26 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.
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 24, 2026); conventional rates run a little higher.
Mortgage amount $1,180,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,297
- Property tax
- $434
- Condo / maintenance fees
- $862
- Heating
- $0
- Estimated monthly cost
- $7,592
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,975
- Toronto municipal land transfer tax
- $25,975
- Estimated closing costs
- $51,950
Plus your down payment of $295,000. 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
- $377,815
- Principal paid down
- $150,273
- Interest paid
- $227,542
- Balance remaining
- $1,029,727
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 INTERCITY REALTY INC.. MLS®/PropTx.