House of the Week: $3.6 million for a live-work building in the Fashion District
Address: 548 Richmond Street West
Neighbourhood: Waterfront Communities-The Island
Agent: Robin Tully, Royal LePage/J & D Division, Brokerage; Marc Paillé and Michell Pérez, Royal LePage Signature Realty
Price: $3,600,000
The Place: A minimalist building in the Fashion District containing both a large commercial space and a two-bedroom residence.
Bragging Rights: The juxtaposition between the stark exterior and the warm, wood-toned interior won a residential design award from the Ontario Association of Architects in 1997.
Big Selling Point: The commercial space has an impressive street entrance and enough space (and parking) to accommodate multiple employees—basically, it blows away the average home office.
Possible Deal Breaker: Living at the office—literally—doesn’t appeal to everyone, which may explain why this live-work space has been on the market since early last summer.
By The Numbers:
• $3,600,000
• $13,121.54 in property taxes (2012)
• 2,258-square-foot living space
• 1,764-square-foot office
• 550 square feet of outdoor space
• 4-car underground garage
• 3 bathrooms
• 2 bedrooms
• 1 private elevator
• 1 wood-burning fireplace
202258 The private elevator has an emergency phone House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-13-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-13.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-13.jpg 416 624 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-13/ house-of-the-week-548-richmond-street-west-toronto-13 0 0
202255 Another of the building’s three bathrooms House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-10-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-10.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-10.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-10/ house-of-the-week-548-richmond-street-west-toronto-10 0 0
202257 Master ensuite, third level House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-12-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-12.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-12.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-12/ house-of-the-week-548-richmond-street-west-toronto-12 0 0
202256 The master bedroom has high ceilings, a wall of built-in closets and a large ensuite House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-11-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-11.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-11.jpg 416 624 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-11/ house-of-the-week-548-richmond-street-west-toronto-11 0 0
202250 Den, third level House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-05-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-05.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-05.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-05/ house-of-the-week-548-richmond-street-west-toronto-05 0 0
202249 The third level can be accessed by either private elevator or by a stairway from the second level. It contains the master suite, a second bedroom, an extra bathroom and a den that looks over the second level House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-04-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-04.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-04.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-04/ house-of-the-week-548-richmond-street-west-toronto-04 0 0
202260 Terrace, second level House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-15-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-15.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-15.jpg 416 624 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-15/ house-of-the-week-548-richmond-street-west-toronto-15 0 0
202259 The second-level terrace is 350 square feet House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-14-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-14.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-14.jpg 416 624 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-14/ house-of-the-week-548-richmond-street-west-toronto-14 0 0
202254 The kitchen also has a wall of glass windows and access to the terrace House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-09-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-09.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-09.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-09/ house-of-the-week-548-richmond-street-west-toronto-09 0 0
202253 The kitchen has an island with a built-in table House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-08-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-08.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-08.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-08/ house-of-the-week-548-richmond-street-west-toronto-08 0 0
202252 Living room, second level House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-07-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-07.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-07.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-07/ house-of-the-week-548-richmond-street-west-toronto-07 0 0
202251 The residence occupies the top two floors of the building. The second storey contains an open-plan living and dining room, a kitchen, and a large courtyard House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-06-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-06.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-06.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-06/ house-of-the-week-548-richmond-street-west-toronto-06 0 0
202248 The multi-level workspace has a two-piece bathroom and access to the private elevator. The entire building has maple floors House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-03-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-03.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-03.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-03/ house-of-the-week-548-richmond-street-west-toronto-03 0 0
202247 Front entrance House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-02-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-02.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-02.jpg 624 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-02/ house-of-the-week-548-richmond-street-west-toronto-02 0 0
202246 The front foyer leads into the workspace. The entrance window soars two storeys House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-01-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-01.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-01.jpg 416 624 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-01/ house-of-the-week-548-richmond-street-west-toronto-01 0 0
202261 The austere exterior of the four-storey structure is made of concrete and steel House of the Week: 548 Richmond Street West House of the Week: 548 Richmond Street West https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-intro-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-intro.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-548-richmond-street-west-toronto-intro.jpg 656 416 [] https://torontolife.com/real-estate/house-of-the-week-548-richmond-street-west/slide/house-of-the-week-548-richmond-street-west-toronto-intro/ house-of-the-week-548-richmond-street-west-toronto-intro 0 0
I’ll take it for 1.2 million (lien free)
I used to live right across the street from this place and I always wondered what it looked like inside! Neat.
We were thrilled when we got the contract to do the Interior renovations. The client who lives there is a great person and it is such a unique, architecturally spectacular home. The photos will be posted on our website. http://www.luxdesign.ca