PH02-608 Richmond Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13545764

$7,000/mo
For Lease
Listed 8 days ago
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3Bedrooms
3Bathrooms
2Garage
1400-1599Sq Ft

About this home

Live at the stylish Harlowe Building in the largest and most desirable suite in the building. This exceptional 1,535 sq. ft. residence offers 3 bedrooms, 3 bathrooms, and thousands spent on premium European-imported finishes throughout. The entire unit has been freshly painted and features a gourmet kitchen with a gas range, an upgraded gas fireplace, custom closet organizers in every bedroom, and beautifully appointed bathrooms with marble surrounds. The expansive primary retreat boasts double walk-in closets and a luxurious 6-piece spa-inspired ensuite complete with a double vanity and a jacuzzi tub. Soaring 12-foot ceilings and a sun-filled south-facing 254 sq. ft. terrace with a gas BBQ hookup create the perfect indoor-outdoor living experience. Complete with 2 parking spaces and 2 lockers, this is a rare opportunity to rent one of the Harlowe's premier residences, just steps from the very best of King & Queen West.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13545764
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Richmond St W & Bathurst St
Parking
2 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick, Concrete
Exposure
South East
Days on market
8
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Primary BedroomFlat4.38 × 3.07 m

walk-in closet(s) · 6 pc ensuite · window floor to ceiling

Dining RoomFlat7.98 × 7.16 m

hardwood floor · w/o to terrace

Living RoomFlat7.98 × 7.16 m

hardwood floor · gas fireplace

KitchenFlat0.00 × 0.00 m

breakfast bar · b/i appliances

Bedroom 2Flat2.70 × 3.38 m

walk-in closet(s) · 3 pc ensuite · window floor to ceiling

Bedroom 3Flat3.32 × 2.74 m

hardwood floor · b/i shelves

Listing history

  1. Jul 9, 2026Listed$1,950,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
In the wider range
$6,838/moest. value

Listed at $7,000/mo, this rental is within the range of a wider set of rentals, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

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 66 similar rentals nearby, adjusted for size, beds, and baths.Median of 66 comparable active listings, adjusted for size, beds, and baths.

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 $4,950/mo
  • Size difference +$1,757/mo
  • Bathrooms +$100/mo
  • Adjusts to $6,807/mo

That comparable adjusts to $6,807/mo; the $6,838/mo estimate above is the median of all 66 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

The assigned public school is City 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$6,645/moBelow market$7,245/moAbove market

Total price vs nearby homes. Fair value about $6,838/mo, median of 66 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3,930avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

3604-609 Sherbourne Street$3,8503515-5162 Yonge Street$3,5001401-1360 York Mills Road$3,500609-1 Gloucester Street$5,000411-38 Elm Street$3,800

The 5 closest active listings nearby.

See all comparable homes
7,000This home3,8503,5003,5005,0003,800This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $3K
66active listings nearby
8days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA 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.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Kensington-Chinatown
$3K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
Annex
$4K
Waterfront Communities C8
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$32/mo
$5KIncome needed
1.4×Price ÷ income
$7Weekly cost
20% down4.79%25-yr amortization

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.

88%mortgage
Mortgage $32Property tax $4Total carry $36

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$30per month

Mortgage amount $5,600 · 4.14% over 25 years

$1,400Down payment (20.0%)
$5,600Loan before insurance
$0CMHC premium
$34Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$30
Property tax
$4
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$34

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$35
Toronto municipal land transfer tax
$35
Estimated closing costs
$70

Plus your down payment of $1,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$36/monthPayment at the qualifying rate

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

$3,365Total interest paid
$8,965Total of all payments
Principal $5,600 Interest $3,365
YearPrincipalInterestBalance
1$131$227$5,469
2$137$222$5,332
3$142$216$5,190
4$148$210$5,041
5$155$204$4,887
6$161$198$4,726
7$168$191$4,558
8$175$184$4,383
9$182$177$4,201
10$190$169$4,012
11$198$161$3,814
12$206$153$3,608
13$215$144$3,393
14$223$135$3,170
15$233$126$2,937
16$243$116$2,695
17$253$106$2,442
18$263$95$2,179
19$274$84$1,904
20$286$73$1,618
21$298$61$1,321
22$310$48$1,011
23$323$35$687
24$337$22$351
25$351$8$0

At the end of your 5-year term

Total paid over the term
$1,793
Principal paid down
$713
Interest paid
$1,080
Balance remaining
$4,887

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.

Let's connect

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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