About the project
Reside on Richmond is a new condo development by Originate developments located at 164 Bathurst St, Toronto,ON.
Reasons to Buy
- Central Location: Reside On Richmond Condos is situated in the heart of downtown Toronto, offering unparalleled access to a vibrant city lifestyle. You’ll be surrounded by world-class dining, shopping, entertainment, cultural attractions, and employment opportunities.
- Architectural Excellence: Originate, the developer behind Reside On Richmond Condos, is known for its commitment to innovative and striking architectural designs. The condos feature modern and stylish exteriors, along with thoughtfully designed interiors that maximize space and natural light.
- Transit Accessibility: Living in Reside On Richmond Condos means having easy access to multiple transit options. The nearby St. Patrick subway station and streetcar lines provide convenient connectivity throughout the city, making commuting a breeze.
- Luxurious Amenities: These condos offer an array of luxurious amenities designed to enhance your lifestyle. From state-of-the-art fitness centers and swimming pools to rooftop terraces and party rooms, you’ll have access to exceptional facilities right at your doorstep.
- Walkability: With a high Walk Score, Reside On Richmond Condos offers a pedestrian-friendly environment. You’ll be able to stroll to nearby parks, restaurants, cafes, and shops, enjoying the convenience and energy of urban living.
- Investment Potential: Investing in a condo in downtown Toronto can be a wise financial decision. The area has a strong rental market, making it appealing to investors. Additionally, with the ongoing growth and development in the downtown core, there is potential for long-term value appreciation.
Deposit Structure: 15% Deposit
Incentives
Discounted Parking $150,000 $125,000
Discounted Locker $25000 $18000
Capped Development Charges
Junior Two Suits and Smaller : $15,000
2 Bed and 2 Bed + Den Suits : $19,000
3 Bed Suites and larger : $22,000
3-year Rental Guarantee of $7.00 per square foot :
BEDROOM TYPE RENTAL RATE WITH RENTAL GUARANTEE
1 Bedroom (Approx. 500 sqft) $3500
1 Bedroom + Den (Approx. 550 sqft) $3850
Two Bedroom (Approx. 700 sqft) $4900
Assignment Fees
$5000 $500 + $1250 Legal Fees
Standard Deposit Structure
$10,000 on signing
Balance to 5% in 15 days
5% on April 2, 2024
5% on April 2, 2025
5% on Occupancy
Platinum Deposit Structure
$10,000 on signing
Balance to 5% in 15 days
2.5% on April 2, 2024
2.5% on November 1, 2024
2.5% on April 2, 2025
2.5% on September 2, 2025
5% on Occupancy
- Property ID 14104
- Price Starting From $629,990
- Property Type Pre Construction Condos
- Property status All, Move in 2027
- Label Selling Now
- Number of storeys 18
- Number of suites 210
Location
Walk Score
-
100
Walk Scores Walker's Paradise View more
-
99
Bike Score Biker's Paradise View more
Address
- Country: Canada
- Province / State: Ontario
- City / Town: Pre Construction Homes Toronto
- Neighborhood: Cabbagetown
- Postal code / ZIP: M5V 2R3
About the Builder
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