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Niagara, Toronto
$945,000
Welcome to 687 Richmond Street West, a beautifully updated 2-bedroom home in one of Toronto's most vibrant and sought-after neighbourhoods! Featuring a bright and inviting open-concept main floor with a modern kitchen, spacious living area and convenient 2-piece powder room. Walk out to a generous private rear patio, perfect for entertaining friends, outdoor dining or simply relaxing with your morning coffee. The second floor features two comfortable bedrooms and a full bathroom. The full unfinished basement with a separate rear entrance offers a wonderful opportunity to create additional living space to suit your lifestyle. Imagine a cozy family room, home office, entertainment area or your own personal retreat - the possibilities are yours to explore! Enjoy everything that makes West Queen West such a desirable place to call home, with charming cafés, fantastic restaurants, unique boutique shops, art galleries and TTC streetcar service just steps away. A short stroll to Trinity Bellwoods Park, King West and all the excitement of downtown Toronto. A wonderful opportunity to own a beautiful home with your own outdoor space and room to grow, right in the heart of the city!
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
Listing History
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,837
- Property tax
- $550
- Heat allowance
- $150
- Housing costs
- $5,537 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$170,000
gross annual household income
- Payment at 4%
- $3,977 / mo
- Cash down
- $189,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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