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$1,175,000Asking Price

500 Richmond Street W Ph06, Toronto C01, ON M5V 1Y2 #Ph06

Fashion District, Toronto

Condo
2
Bedrooms
2
Baths
1
Parking
Days on Market

Situated in the highly sought-after Cityscape Terrace, this spectacular two-bedroom, two-bathroom penthouse conveniently located in Toronto's Fashion District offers the ultimate in indoor-outdoor living experience. With approximately 1,090 square feet of beautifully designed interior space and a breathtaking 545 sq ft private terrace oasis with unobstructed southern views, this rare gem is perfect for both your personal enjoyment or entertaining. This townhouse in the sky boasts a rare multi-floor layout perfect for all aspects of life. The expansive windows with southern exposure and a second floor skylight flood the suite with natural light. The large kitchen has been updated and features full-sized appliances and a generous island. The spacious dining area and cozy living room creates a space that feels straight out of a magazine. The tranquil upper-level features two spacious bedrooms, perfect for all families, guests or those in need of a private home office. The primary bedroom retreat fits a king-sized bed, can accommodate an office setup, has a walk-through closet with custom built-ins and offers a spa-like ensuite bathroom with ample storage. The massive terrace is a true standout, complete with a pergola, built-in seating, gas line for BBQ, and plenty of room to unwind or dine al fresco. Both bathrooms have been completely updated with a palette of top of the line fixtures and finishes. The suite also features brand new white oak hardwood flooring throughout, a custom staircase and railing as well as updated lighting. Bright, polished and perfectly located this is downtown living at its finest! World class location just steps away from the Waterworks Food Hall, St. Andrews Park, The Ace Hotel and the highly anticipated McDonald Family YMCA, you will have access to Toronto's top restaurants, entertainment, fitness, nightlife, shopping, and easy streetcar access.

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Situated in the highly sought-after Cityscape Terrace, this spectacular two-bedroom, two-bathroom penthouse conveniently located in Toronto's Fashion District offers the ultimate in indoor-outdoor living experience. With approximately 1,090 square feet of beautifully designed interior space and a breathtaking 545 sq ft private terrace oasis with unobstructed southern views, this rare gem is perfect for both your personal enjoyment or entertaining. This townhouse in the sky boasts a rare multi-floor layout perfect for all aspects of life. The expansive windows with southern exposure and a second floor skylight flood the suite with natural light. The large kitchen has been updated and features full-sized appliances and a generous island. The spacious dining area and cozy living room creates a space that feels straight out of a magazine. The tranquil upper-level features two spacious bedrooms, perfect for all families, guests or those in need of a private home office. The primary bedroom retreat fits a king-sized bed, can accommodate an office setup, has a walk-through closet with custom built-ins and offers a spa-like ensuite bathroom with ample storage. The massive terrace is a true standout, complete with a pergola, built-in seating, gas line for BBQ, and plenty of room to unwind or dine al fresco. Both bathrooms have been completely updated with a palette of top of the line fixtures and finishes. The suite also features brand new white oak hardwood flooring throughout, a custom staircase and railing as well as updated lighting. Bright, polished and perfectly located this is downtown living at its finest! World class location just steps away from the Waterworks Food Hall, St. Andrews Park, The Ace Hotel and the highly anticipated McDonald Family YMCA, you will have access to Toronto's top restaurants, entertainment, fitness, nightlife, shopping, and easy streetcar access.

Key Info

  • 2-Storey Condo
  • 1 Parking
  • Richmond Street West & Spadina
  • 1000-1199 Approximate Sq Feet
  • South Exposure
  • Ensuite Laundry
  • Owned Locker #A36
  • Forced Air Gas Heating
  • Central Air

Property

  • $907 Monthly Condo Fees
  • Includes: Water, Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Cable TV, Central A/C
  • Amenities: Guest Suites, Visitor Parking
  • Taxes were $4,290 in 2025
  • Possession: 90 Days

Details

  • Elevator
  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #1290
  • Condo Registry Office: MTCC
  • MLS #C12415779
  • RE/MAX HALLMARK BIBBY GROUP REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 12.17' x 10.14' Hardwood Floor, Stainless Steel Appliances, Breakfast Bar
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom

Who lives here?

Fashion District, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 44.

Families

Kids Per Family

0.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

58% of residents are
single and loving it.

58% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

51% of residents
are renters.

51% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

76% of residents are
university grads.

76% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$156K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Business 21%
Management 18%
Sales 12%
Government 12%
Sciences 11%

Immigrants

25% of residents were
born outside of Canada.

25% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 2.0% of immigrants.
India 1.5%
Philippines 1.4%
UK 1.3%
USA 1.3%

2.0% from China
All-time

Birthplace - Recent

Iran was once home to 0.8% of immigrants.
China 0.8%
Other Eastern Africa 0.8%
India 0.6%
Philippines 0.5%

0.8% from Iran
Recent

Foreign Languages

Foreign Languages

French 3%
Cantonese 2%
Spanish 2%
Portuguese 1%
Persian 1%

Religions

Religions

Christian 48%
Jewish 5%
Buddhist 2%
Hindu 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)