$2,900,000
For sale: Other

Discover an extraordinary opportunity at 544 Richmond St W, a turn-key gem in the heart of Toronto's vibrant Queen West! This 3,000 sq ft live/work property, spanning three floors plus a usable basement, offers unmatched versatility with Commercial Residential Employment (CRE) zoning, accommodating a wide range of residential and commercial uses. Perfect for professionals, creatives, or investors seeking a dynamic downtown address. Step into modern elegance with a fully renovated kitchen, three sleek bathrooms, and stylish upgrades throughout, including a revamped HVAC system, upgraded electrical with new lighting, and refreshed interior/exterior finishes. Enjoy the convenience of private parking for two vehicles with auto-rolling doors at the rear, plus two private balconies for break time. Located in the trendy Queen West neighborhood, this boutique property is steps from future Ontario Line subway stations (King-Bathurst and Queen-Spadina), ensuring seamless connectivity. Surrounded by eclectic shops, restaurants, and cultural hotspots, it's an ideal setting for alive/work lifestyle or a thriving business hub. The spacious layout offers flexibility for open-concept living, professional offices, or creative studios, with a usable basement for storage or additional workspace. Recent upgrades enhance efficiency and comfort, making this property move-in ready. Don't miss this rare chance to own a meticulously updated space in one of Toronto's most sought-after areas. Check out the online 3D tour. Full list of upgrades is attached. Reach out to schedule a private viewing. 544 Richmond St W-your dream home, office, or investment awaits in the heart of Queen West!
Sold data
Other homes in Toronto (Waterfront Communities) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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