Salehian.com 647-325-5000

530 Richmond Street W

Waterfront Communities C1, Toronto, M5V 1Y4

$1,349,000

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  • 4 bedrooms

Listed today · MLS® C14096804

About this home

Fully renovated duplex with flexible CRE (Commercial Residential Employment) zoning permitting residential, retail and office use. The property features 4 bedrooms, 3 bathrooms, 2 full kitchens, 2 laundries and 2 expansive decks across two-and-a-half floors, upper unit consists of 1126 sqft, lower unit 1098 sqft Both units are tenanted on a month-to-month basis. Freehold ownership in one of the city's most walkable pockets, all the space of a house with none of the monthly fees of a condo. Turnkey finishes throughout, minimal maintenance, exceptional location.

Details

Type
Investment
Lot
18.93 × 63.1 ft
Garage
None
Kitchens
2
Property tax
$7,232 (2025)
Neighbourhood
Waterfront Communities C1
Municipality
Toronto C01

Heating, cooling and services

Heating
Baseboard, Electric
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
2,224 Square Feet

More

Possession
60-90 days/TBA
Cross street
Richmond St W & Spadina Ave

Rooms

RoomLevelSizeFeatures
FoyerMain1.7 × 1.5 m (5'7" × 4'11")Ceramic Floor
Living RoomMain3.76 × 2.46 m (12'4" × 8'1")Pot Lights, Window, Combined w/Dining
Dining RoomMain3.35 × 3.05 m (11' × 10')Bay Window, Combined w/Living, Pot Lights
KitchenMain3.25 × 2.24 m (10'8" × 7'4")B/I Appliances, Custom Counter, Custom Backsplash
BedroomMain2.59 × 2.31 m (8'6" × 7'7")Window, Laminate, W/O To Deck
Living RoomUpper4.29 × 3.45 m (14'1" × 11'4")Hardwood Floor, Pot Lights, Open Concept
KitchenUpper4.37 × 3.35 m (14'4" × 11')B/I Appliances, Custom Counter, Pot Lights
Bedroom 2Upper4.32 × 3.25 m (14'2" × 10'8")Hardwood Floor, Picture Window, Wall Sconce Lighting
Bedroom 3Third4.11 × 3.45 m (13'6" × 11'4")Skylight, W/O To Deck, Pot Lights
Bedroom 4Lower5.13 × 4.06 m (16'10" × 13'4")Above Grade Window, Pot Lights, Walk-In Closet(s)

History of this address

10 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Osgoode Subway18 min walk
  • 🚇 St. Andrew Subway1.2 km
  • 🚆 Toronto Union Station GO1.6 km

Within a 10-minute walk: 22 grocery stores, 442 cafés and restaurants, 19 parks, 21 pharmacies. Nearest grocery: Fresh Picked Fresh Produce & Flowers (50 m). Nearest park: The Alex Wilson Community Garden (50 m).

Schools nearby

Elementary

  • ALPHA Alternative Junior School3 min walk
  • St. Mary Catholic School Catholic
    EQAO: Gr 6 reading 100%, math 38%    7 min walk
  • Ryerson Community School
    EQAO: Gr 6 reading 65%, math 26%    7 min walk
  • Ogden Junior Public School
    EQAO: Gr 6 reading 77%, math 53%    7 min walk

Secondary

  • Oasis Alternative Secondary School4 min walk
  • Downtown Vocal Music Academy of Toronto Private7 min walk
  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%    15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5V

Owners / renters
42% / 58%
Median household income
$91,000
Average age
35
Children under 15
6%
Homes
0% detached, 97% high-rise
Commute by transit
23%
Population
59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Wellington Place (2025): 31% above the Toronto average, down 8% from the year before.

  • Assault52% above average
  • Break and enter55% above average
  • Auto theft57% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings30% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 39 active

  • 529 KING ST W · 350 m
    Plan of Condominium · Under Review · applied 2025
    Draft Plan of Standard Condominium for 439 units.
    Application details
  • 451 ADELAIDE ST W · 200 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2025
    Zoning By-law Amendment for a 17-storey (59.65m including mechanical penthouse) hotel containing 144 suites.
    Application details
  • 71 PORTLAND ST · 400 m
    Site Plan · Under Review · applied 2024
    Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.
    Application details
  • 71 PORTLAND ST · 400 m
    Site Plan · Under Review · applied 2024
    Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.
    Application details
  • 8 CAMDEN ST · 250 m
    Site Plan · Under Review · applied 2023
    Site Plan Application to permit a 19-storey mixed use building with retail space on the ground floor and 200 residential units above.
    Application details
  • 47 CAMDEN ST · 150 m
    Site Plan · Under Review · applied 2023
    Site plan control resubmission for a 18-storey (57.85m including mechanical penthouse) mixed-use building with retail space on the ground floor and 255…
    Application details

43 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 300 m
  • 🚧 King West GO Transit400 m
  • 🚧 Osgoode 1.1 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CRE

Commercial Residential Employment (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Heritage Protected

This address is on Toronto’s Heritage Register: Heritage Conservation District (Part V) (2024). Changes to the outside (and sometimes inside) usually need a heritage permit, and demolition is restricted.

Heritage Register entry

Building permits

  • Multiple Projects · 2026 · Closed
    Revision 01: revision to the existing deck as per inspections.Proposal to construct a 2nd sty rear addition over ground flor, 3rd sty rear…

19 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

43 City street trees within 100 m, mostly maples. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HARVEY KALLES REAL ESTATE LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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