PH05-608 Richmond Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13866884
About this home
In short
- This is what penthouse living in the city should feel like.
- Spanning over 1200 sq. ft., this 2+1 bedroom, 2 bathroom suite pairs soaring 11 ft. ceilings, exposed concrete and wide plank hardwood floors with walls of floor to...
- The open concept living and dining space is made for entertaining, with a Caesarstone island at the centre of it all made for everything from morning coffee to dinner...
This is what penthouse living in the city should feel like. Perched at the top of The Harlowe in the heart of Queen West, this rare southwest corner penthouse brings serious New York loft vibes to downtown Toronto. Spanning over 1200 sq. ft., this 2+1 bedroom, 2 bathroom suite pairs soaring 11 ft. ceilings, exposed concrete and wide plank hardwood floors with walls of floor to ceiling glass that flood the space with natural light and frame sweeping views of the CN Tower and city skyline. The open concept living and dining space is made for entertaining, with a Caesarstone island at the centre of it all made for everything from morning coffee to dinner parties and drinks with friends. Step outside to a large private balcony with a gas line for BBQs and a front row seat to the city. A separate den creates the perfect home office, while two generously sized bedrooms offer the space and flexibility that can be hard to find downtown, including a primary bedroom spacious enough for a king size bed. Outside your door, The Harlowe's striking red brick, black steel and warehouse inspired architecture sets the tone, with Queen West, King West, the Fashion District and some of the city's best restaurants, bars, coffee shops and shopping just steps away. Cool, connected and completely downtown. This isn't your typical penthouse.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13866884
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Richmond & Bathurst
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Metal/Steel Siding
- Maintenance
- $1,271/mo
- Exposure
- South
- Property tax
- $7,811 / 2026
- Days on market
- 13
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Rooms
hardwood floor · window floor to ceiling · w/o to balcony
hardwood floor · large closet · large window
hardwood floor · centre island · stainless steel appl
hardwood floor · b/i shelves · open concept
hardwood floor · double closet · 3 pc bath
hardwood floor · open concept · combined w/living
hardwood floor · walk-in closet(s) · 3 pc ensuite
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 readThe 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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $1,075/sqft; this home lists at $1,192/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Waterfront Communities C1, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,239,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,852
- Property tax
- $651
- Condo / maintenance fees
- $1,271
- Heating
- $0
- Estimated monthly cost
- $8,774
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,455
- Toronto municipal land transfer tax
- $27,455
- Estimated closing costs
- $54,910
Plus your down payment of $309,800. 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
- $411,105
- Principal paid down
- $151,407
- Interest paid
- $259,698
- Balance remaining
- $1,087,793
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 ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS®/PropTx.