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Duplex · Listed 9 days ago

530 Richmond Toronto,ON M5V 1Y4

Toronto, ON, Canada

4 Beds3 Baths2,000–2,000 sqft0 Built

List price

$1,349,000

Why This Property?

This 2,000-square-foot freehold duplex has four bedrooms, three bathrooms, two full kitchens, two laundries and two expansive decks. CRE zoning permits residential, retail and office use; both units are tenanted month-to-month. Biidaasige Park is among the nearby waterfront amenities.

Facts & Features

Bedrooms & bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full: 3
  • Half: 0

Living Area

  • 2,000–2,000 sqft

Stories

Lot size

  • N/A — Condo

Year built

  • 0

Property type

  • Duplex

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      Client RemarksFully 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.

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      Listing Broker

      HARVEY KALLES REAL ESTATE LTD.

      MLS® TRREB · Listing #C13861226

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      What uses does the zoning permit?
      The CRE zoning permits residential, retail and office use.
      What waterfront amenities and transit connections are in the area?
      Biidaasige Park is a nearby public green space, while Queen’s Quay connections support waterfront transit access.
      What is a duplex, and how is it typically used in Toronto?
      A duplex is a residential property with two self-contained units within one building. In Toronto, duplexes are often used either by owner-occupiers who live in one unit and rent the other, or by investors looking for flexible multi-unit housing in established neighbourhoods.
      What should buyers know about financing a duplex in Toronto?
      Lenders may assess a duplex differently than a single-family home because rental income can factor into affordability calculations. Buyers should expect the mortgage process to include a review of income, down payment, occupancy plans, and the condition of both units.
      Are duplexes common in Toronto neighbourhoods near transit?
      Yes. Duplexes are often found in older, well-connected neighbourhoods where access to TTC subway, streetcar, bus routes, and sometimes GO Transit is a major advantage. Transit access can be especially important for households that commute within Toronto or across the GTA.
      What features are buyers often looking for in a Toronto duplex?
      Common priorities include separate entrances, independent kitchens and bathrooms, good sound separation, functional layouts, parking if available, and strong rental potential. Proximity to schools, parks, and transit is also a frequent consideration.