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New1 hour ago

631 Richmond Street W

Niagara, Toronto

$799,000

Semi-Detached |2-Storey
3 | 1 | 1
About this home

Rare opportunity in one of downtown Toronto's most coveted pockets - King West / Queen West / Fashion District. This semi-detached 2-storey home sits on an approx. 15-ft frontage lot and is offered strictly as-is: a true blank canvas for a buyer with vision. Currently vacant and requiring full renovation, it's an ideal project for the renovator craving a custom downtown home, the investor chasing value-add upside, or the builder ready to reimagine the space top to bottom. Potentially Part Of A Larger Revitalization Project With Amazing Upside. Location is everything here - steps to streetcar transit, restaurants, cafés, and shops, with exceptional walkability at your door. Land, location, and upside like this rarely surface at this price point. Please note: the property is sold as-is, where-is. It is not currently in livable condition and has no running water or hydro connected. Buyer and buyer's agent to perform their own due diligence and satisfy themselves as to condition, permitted uses, and renovation potential. Bring your contractor and your imagination - opportunity like this doesn't wait. Offers if any, will be reviewed on October 8, 2026. Submit by 5PM.

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BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,960
Lot Size15 ft x 146 ft
mls© NumberC13821364
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,090
Property tax
$580
Heat allowance
$150
Housing costs
$4,820 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,800
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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