1011-25 Richmond Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13816410

$448,900
For Sale
Listed 27 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • Welcome to Unit 1011 at 25 Richmond Street East.
  • This bright and spacious west facing 1 bedroom suite offers an exceptional downtown lifestyle in the heart of the city.

Welcome to Unit 1011 at 25 Richmond Street East! This bright and spacious west facing 1 bedroom suite offers an exceptional downtown lifestyle in the heart of the city. Enjoy stunning afternoon and evening light from the oversized balcony. A rare outdoor space perfect for entertaining, relaxing, or taking in the city views. The thoughtfully designed layout offers comfortable living and dining areas, a well-appointed kitchen, and a generous bedroom. Located steps from the best of downtown Toronto, including restaurants, shopping, transit, entertainment, and the financial district. A fantastic opportunity for first-time buyers, investors, or anyone looking for a stylish urban home with an impressive outdoor space.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13816410
Bedrooms
1
Bathrooms
1
Size
0-499 sq ft
Cross streets
Yonge + Richmond Street East
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$415/mo
Exposure
West
Property tax
$2,486 / 2026
Days on market
27
Listing brokerage
SKYLETTE MARKETING REALTY INC.

Rooms

Primary BedroomFlat2.47 × 3.32 m

window floor to ceiling · double closet · west view

Living RoomFlat4.27 × 3.96 m

window floor to ceiling · open concept · w/o to balcony

KitchenFlat4.27 × 3.96 m

modern kitchen · stainless steel appl · l-shaped room

Dining RoomFlat4.27 × 3.96 m

window floor to ceiling · combined w/living · west view

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Church-Yonge Corridor · asking prices
$442kavg asking

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

Per square foot, these ask about $1,770/sqft; this home lists at $1,799/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
449kThis home450k445k455k459k399kThis home vs active comparables

Neighbourhood & location

Church-Yonge Corridor, 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.

Moss Park
$549K
Waterfront Communities C8
$554K
Waterfront Communities C1
$625K
Kensington-Chinatown
$585K
Niagara
$727K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 1.0 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Sr) School · Catholic secondary0.4 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary0.4 km · 98% at standard
Contact Alternative School School · Public secondary1.1 km
Lord Dufferin Junior and Senior Public School · Public elementary1.3 km · 55% at standard
Church Street Junior Public School · Public elementary1.3 km · 73% at standard
Native Learning Centre · Public secondary1.3 km
St Paul Catholic School · Catholic elementary1.3 km · 62% at standard
Orde Street Public School · Public elementary1.4 km · 76% at standard
Heydon Park Secondary School · Public secondary1.4 km · 8% at standard
Nelson Mandela Park Public School · Public elementary1.5 km · 47% at standard
Ogden Junior Public School · Public elementary1.5 km · 69% at standard
Jarvis Collegiate Institute · Public secondary1.5 km · 57% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,046/mo
$96KIncome needed
4.7×Price ÷ income
$472Weekly cost
$10,906Land transfer tax, one-time (Ontario + Toronto)
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.

77%mortgage
Mortgage $2,046Property tax $207Condo fee $415Total carry $2,668

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,986per month

Mortgage amount $359,120 · 4.49% over 25 years

$89,780Down payment (20.0%)
$359,120Loan before insurance
$0CMHC premium
$2,608Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,986
Property tax
$207
Condo / maintenance fees
$415
Heating
$0
Estimated monthly cost
$2,608

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

One-time closing costs

Ontario land transfer tax
$5,453
Toronto municipal land transfer tax
$5,453
Estimated closing costs
$10,906

Plus your down payment of $89,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,403/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

$236,571Total interest paid
$595,691Total of all payments
Principal $359,120 Interest $236,571
YearPrincipalInterestBalance
1$8,014$15,814$351,106
2$8,378$15,450$342,728
3$8,758$15,069$333,970
4$9,156$14,672$324,814
5$9,572$14,256$315,242
6$10,006$13,821$305,236
7$10,461$13,367$294,775
8$10,936$12,892$283,840
9$11,432$12,396$272,408
10$11,951$11,877$260,457
11$12,494$11,334$247,963
12$13,061$10,767$234,902
13$13,654$10,174$221,248
14$14,274$9,554$206,974
15$14,922$8,906$192,052
16$15,600$8,228$176,452
17$16,308$7,520$160,144
18$17,048$6,779$143,096
19$17,822$6,005$125,274
20$18,632$5,196$106,642
21$19,478$4,350$87,164
22$20,362$3,466$66,803
23$21,286$2,541$45,516
24$22,253$1,575$23,263
25$23,263$564$0

At the end of your 5-year term

Total paid over the term
$119,138
Principal paid down
$43,878
Interest paid
$75,260
Balance remaining
$315,242

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$2,300/mo
$27,600Gross annual rent
3.7%Cap rate after taxes and upkeep

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.

6.1%
Gross yield
− Property tax $2,486− Condo fees $4,975− Insurance $600− Vacancy & upkeep $3,036Net operating income $16,503

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

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