2507-330 Richmond Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13667548

$399,000
For Sale
Just listed today
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome to elevated downtown living on the 25th floor of 330 Richmond West. This bright, sophisticated 1-bedroom, 1-bathroom suite offers a seamless blend of modern luxury and effortless urban comfort. Crisp, freshly painted walls reflect natural light pouring through expansive floor-to-ceiling windows, highlighting clean architectural lines and contemporary finishes throughout. The open-concept layout flows effortlessly from a refined living space into a modern kitchen, outfitted with integrated appliances, sleek cabinetry, and stylish countertops. The tranquil bedroom offers generous closet storage, while the spa-inspired bathroom features modern fixtures and clean design. Step up to your high-floor vantage point and enjoy panoramic, unobstructed views of Toronto's vibrant cityscape day and night. Situated in Toronto's prime Entertainment District, just steps from Queen West shopping, world-class dining, TTC transit, and the Financial Core. Featuring Premium amenities like 24-hour concierge, resort-style outdoor rooftop pool and lounge, fully equipped fitness center, and party room.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13667548
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Richmond & Peter
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$448/mo
Exposure
North
Property tax
$2,443 / 2025
Listing brokerage
CAPITAL NORTH REALTY CORPORATION
Our TakeTeam Asgarian · Broker
Below comparables
$570Kest. value

Listed at $399,000, and my independent estimate is about 30% below comparable homes, worth a close look.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~38 days.

List price
$399KGreat deal$576KOverpriced

Total price vs nearby homes. Fair value about $570K, median of 3 comparables.

How this estimate is builtthe short version

I take the 3 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 $454K, a bit lower.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Ogden 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.

Based on 3 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$489kavg asking

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

PH08-352 Front Street$470k305-25 Lower Simcoe Street$515k1411-352 Front Street$480k312-350 Wellington Street$489k901-508 Wellington Street$489k

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home470k515k480k489k489kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $599K
$726this home / sqft
51active listings nearby
100sold nearby · 90 days
$590Kmedian sold price
96%of asking, on average

This home lists 22% below the area average of $934/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Nearby neighbourhoods

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

Kensington-Chinatown
$669K
Bay Street Corridor
$682K
Church-Yonge Corridor
$576K
Moss Park
$441K
Waterfront Communities C8
$817K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$1,819/mo
$88KIncome needed
4.5×Price ÷ income
$420Weekly 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.

74%mortgage
Mortgage $1,819Property tax $204Condo fee $448Total carry $2,470

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%
$
%
4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 12, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,712per month

Mortgage amount $319,200 · 4.19% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,364Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,712
Property tax
$204
Condo / maintenance fees
$448
Heating
$0
Estimated monthly cost
$2,364

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.19%Qualifying rate
$2,078/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

$194,429Total interest paid
$513,629Total of all payments
Principal $319,200 Interest $194,429
YearPrincipalInterestBalance
1$7,426$13,119$311,774
2$7,741$12,804$304,033
3$8,068$12,477$295,965
4$8,410$12,135$287,555
5$8,766$11,779$278,789
6$9,137$11,408$269,651
7$9,524$11,021$260,127
8$9,927$10,618$250,200
9$10,348$10,197$239,852
10$10,786$9,759$229,066
11$11,242$9,303$217,824
12$11,718$8,827$206,106
13$12,215$8,331$193,891
14$12,732$7,813$181,159
15$13,271$7,274$167,889
16$13,833$6,713$154,056
17$14,418$6,127$139,638
18$15,029$5,516$124,609
19$15,665$4,880$108,944
20$16,328$4,217$92,616
21$17,020$3,526$75,596
22$17,740$2,805$57,856
23$18,491$2,054$39,364
24$19,274$1,271$20,090
25$20,090$455$0

At the end of your 5-year term

Total paid over the term
$102,726
Principal paid down
$40,411
Interest paid
$62,314
Balance remaining
$278,789

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.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
2.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

5.1%
Gross yield
− Property tax $2,443− Condo fees $5,372− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,741

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

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