Reside on Richmond

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High-Rise Condos in Toronto

164 Bathurst Street, Toronto, ON

Reside on Richmond condominiums are coming soon to Bathurst and Richmond, one of Toronto’s hottest neighbourhoods!

Reside on Richmond Condos is an upcoming high-rise condo project designed by Kirkor Architects and Planners for Originate Developments and Harlo Capital and is currently in the preconstruction phase. It is coming soon to 164 Bathurst Street in Toronto, ON. The major intersection is Bathurst Street and Richmond Street West. The completion date for Reside on Richmond Condos is 2026.

The 18-story tower will house 217 mixed condo units with one, two, and three-bedroom layouts. The project combines old and modern architecture, preserving significant elements from the Richmond and Bathurst Street buildings. The condos feature modern exteriors and thoughtfully designed interiors, maximizing space and natural light.

Make this Toronto condominium yours at the starting price of $629,990.

Amenities

Cost of Parking: $150,000
Cost of Locker: $25,000
Maintenance Fee: $0.69/sqft
Parking Maintenance: $99.95/month
Locker Maintenance: $29.95/month
Lawyer: Levy Zavet PC in Trust

PLATINUM 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 DÉCOR CREDIT $5,000 for Junior Two Suites and Smaller
$7,500 for 2 Bedroom Suites and Larger
$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**)

STANDARD DEPOSIT STRUCTURE
$10,000 on Signing
Balance to 5% in 15 days
5% on April 2nd, 2024
5% on April 2nd, 2025
5% on Occupancy (January 2027)
PLATINUM DEPOSIT STRUCTURE
$10,000 on Signing
Balance to 5% in 15 days
2.5% on April 2nd, 2024
2.5% on November 1st, 2024
2.5% on April 2nd, 2025
2.5% on September 2nd, 2025
5% on Occupancy (January 2027)

Highlights

Neighborhood

Reside on Richmond Condos is located in a prime location with a perfect walk score and a perfect transit score. Residents can easily navigate the city, surrounded by the top shops, restaurants, and parks that downtown has to offer. Reside on Richmond Condos is conveniently located near the Queen and King intersection on Bathurst Street, offering an exciting urban living experience for residents. The streets are always bustling with energy, making it an ideal location for those seeking a vibrant lifestyle.

Residents of Reside on Richmond can also easily access the CF Toronto Eaton Centre, offering diverse shopping finds. It also boasts a variety of parks and recreational spaces. Trinity Bellwoods Park, located within walking distance, is a popular destination for outdoor activities, picnics, and community events. It offers a serene escape from the urban environment, providing a balance between city life and nature.

Transportation

Reside on Richmond Condos offers residents seamless transportation and accessibility throughout Toronto, with options like the streetcar, bus, and subway. The TTC bus and streetcar routes on Bathurst Street and nearby subway stations make city living convenient. Residents are within walking distance of Osgoode and St. Andrew Subway Stations, providing easy access to the rest of the city.

The future Ontario Line is also conveniently located just a 4-minute walk from King and Bathurst, offering quick commutes in under 30 minutes. The Gardiner Expressway and Lake Shore Boulevard are also within a minute’s drive, which is convenient for motorists. For flights, Toronto Pearson International Airport is just a 24-minute drive away.

Education

Another reason this area is so attractive, especially to families and students, is that there are many schools in the area. A mere seven-minute drive takes you to the prestigious University of Toronto. This University is one of the most prestigious universities in Toronto. It makes this condo an excellent off-campus living option.

Toronto’s vibrant economy and high-quality living standards make it a world-class city. Rising rental opportunities, inflation, and interest rates make Reside in Richmond condos an attractive investment destination. The strong rental market and downtown core growth offer potential for long-term value appreciation.

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Developer

Originate Developments is a Toronto-based infill development firm that was launched in 2017. The company reimagines underutilized space to construct residential buildings that enrich the charm of the neighbourhood while also contributing to the city’s ambitious future vision. Originate Developments creates modern houses that are precisely created to satisfy its clients’ expectations. This Toronto-based developer works relentlessly to find new ways to improve the city’s community and liveability, whether it’s through redesigning one of the city’s main corridors or discovering a suitable site in a long-forgotten corner.

More projects from Originate Developments

Harlo Capital is an investment company located in Toronto that finds and invests in real estate developments across Canada. They strive to provide investors and partners with long-term, above-market profits by enabling the flow of finance and knowledge to co-developed ventures. They treat their equity investment partners the way they would like to be treated in terms of investment management. They provide investors with the opportunity to earn extraordinary risk-adjusted returns while also co-investing their capital. They provide consistent and timely reporting to their investors by their unique requirements.