Overview

Reside on Richmond Condos is a new pre-construction condominium development by Originate Developments Inc., located at the intersection of Bathurst St & Richmond St W in Toronto. This 18-storey condominium is designed to provide residents with a luxurious and vibrant urban living experience, offering easy access to some of downtown Toronto’s finest shops, restaurants, and parks.

  • 18 Storeys | 216 Suites
  • Studio - 3 Bedrooms
  • 301 - 1,702 Sq Ft

Project Overview

  • Interior Designer: Truong Ly Design Inc
  • Architect: Kirkor Architects Planners
  • Building Type: Condominium
  • Ownership: Condominium
  • Building Status: Pre-construction
  • Selling Status: Platinum Access
  • Storeys: 18
  • Suites: 216
  • Suite Type: Studio – 3
  • Suite Size: 301 – 1,702
  • Launch: 2023
  • Builder(s): Originate Developments Inc., Harlo Capital
  • Architect(s): Kirkor Architects Planners
  • Interior Designer(s):  Truong Ly Design Inc

    • Pricing & Fees

    • Price: $529,990 – $1,154,990
    • Cost of Parking: $150,000
    • Cost of Locker: $25,000
    • Maintenance Fee: $0.69/sqft
    • Notes: Includes fitness centre, games and party rooms, rooftop terrace, co-working space, sport simulator. Excluding Hydro (electricity), water, heating & cooling.
    • Parking Maintenance: $99.95/month
    • Locker Maintenance: $29.95/month
    • Lawyer: Levy Zavet PC in Trust

    Deposit Structure

    EXTENDED DEPOSIT STRUCTURE
    • $10,000 on Signing
    • Balance to 5% in 15 days
    • 2.5% on January 31st, 2025
    • 2.5% on July 2nd, 2025
    • 2.5% on January 31st, 2026
    • 2.5% on July 2nd, 2026
    • 5% on Occupancy (2028)

    Current Incentives

    LIMITED-TIME PROMOTIONS

    • EXTENDED DEPOSIT STRUCTURE
    • DISCOUNTED PARKING $125,000 (original $150,000)
    • DISCOUNTED LOCKER $18,000 (original $25,000)
    • CAPPED DEVELOPMENT CHARGES
      • Junior Two Suites and Smaller at $15,000
      • 2 Bedroom and 2 Bedroom & Den Suites at $19,000
      • 3 Bedroom Suites and Larger at $22,000
    • 3 YEAR RENTAL GUARANTEE AT $7 PER SQUARE FOOT
      or
      CREDIT ON CLOSING OF $10,000
    • $500 ASSIGNMENT FEE + $1,250 LEGAL FEE (Reduced from $5,000 + $1,250 Legal Fee)
    • TERRACE & PENTHOUSE EXCLUSIVE (Gas Line Installation & Water Hose Bib Installation at No Additional Cost**)

    Building Amenities

    • Lobby Lounge
    • Part-time Concierge*
    • Parcel Room
    • Locked Parcel Storage
    • Sports Simulator Room
    • Co-Working Space
    • Fitness Studio
    • Party Venue
    • Games Lounge
    • Rooftop Outdoor Terrace

Features and Finishes

  • Prime Location in Downtown Toronto: Situated at Bathurst St & Richmond St W, Reside on Richmond offers residents a prime location in one of Toronto’s most vibrant areas. The location provides easy access to popular neighborhoods such as Trinity Bellwoods, Little Italy, and Harbourfront, offering a diverse range of shops, restaurants, and parks within walking, biking, or streetcar distance.
  • Reputable Developer: Developed by Originate Developments Inc., known for their commitment to quality construction and innovative designs. This ensures that Reside on Richmond will offer well-crafted and luxurious living spaces built to high standards.
  • Modern and Elegant Design: The condos at Reside on Richmond feature contemporary architecture with sleek and stylish interiors. The design emphasizes spacious layouts, high-quality finishes, and large windows that maximize natural light and provide stunning views of the surrounding area. Each unit is designed to offer a comfortable and elegant living environment.
  • Proximity to Cultural and Social Hubs: The development is located in close proximity to some of Toronto’s most vibrant cultural and social hubs. Residents can enjoy easy access to Trinity Bellwoods Park, the trendy shops and cafes of Little Italy, and the scenic waterfront of Harbourfront.
  • Range of Amenities: Reside on Richmond will include a variety of modern amenities designed to enhance residents’ quality of life. These amenities may include a fitness center, communal lounges, rooftop terraces, and more, ensuring comfort and convenience for all residents.
  • Family-Friendly Environment: The development is suitable for families, offering access to quality schools, parks, and recreational facilities. The community provides a safe and nurturing environment, making it an excellent place for families to grow and thrive.
  • Proximity to Nature and Recreation: Residents will enjoy easy access to nearby parks and green spaces, such as Trinity Bellwoods Park and the Harbourfront, offering ample opportunities for outdoor activities and a healthy lifestyle. The area’s natural beauty provides a serene backdrop for relaxation and leisure.
  • Excellent Connectivity: The location offers excellent connectivity to major roads and public transit options, including streetcars and buses. This provides residents with easy access to downtown Toronto and other key areas in the city, making commuting efficient and convenient.
  • Investment Potential: Toronto’s real estate market is strong and growing, making Reside on Richmond a sound investment with potential for significant appreciation and long-term value. The prime location and quality construction further enhance its appeal.
  • Convenient Urban Living: The location offers a perfect blend of urban excitement and suburban tranquility, making it an attractive option for those looking for a dynamic lifestyle with easy access to city amenities.

WalkScore

Reside on Richmond Condos logo
Reside on Richmond Condos
  • 627, Richmond Street West, Toronto, Ontario, M6J 1C2, Canada
  • Prices Starting From $529,990's

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