505 Richmond Street, Toronto C01, ON

$4,950
MLS#:C13464204
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,950 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Suite 703 at The Waterworks Residences, one of Toronto's most celebrated addresses in the heart of the Fashion District. This fully furnished two-bedroom suite offers 733 square feet of beautifully appointed interior living plus a private 78-square-foot balcony, with sweeping views over the tree-lined canopy of St. Andrews Park, the CN Tower, and the downtown skyline.The open-concept kitchen and living area is anchored by warm wood cabinetry, black metal-framed upper cabinets, light stone countertops and backsplash, and top of the line integrated appliances, finished with matte black fixtures throughout and an island with bar seating. Wide-plank hardwood floors extend across the main living space, where floor to ceiling windows draw in natural light from multiple exposures. The primary bedroom is generously proportioned with ample closet storage and blackout blinds. The second bedroom is currently configured as an office, well suited to the professional requiring a dedicated workspace separate from the living area. The thoughtfully designed 5-piece bathroom features a sliding privacy door that divides the space into two distinct zones, allowing the suite to function seamlessly for both personal use and hosting. Finishes include a full marble slab surround, ceiling mounted rain shower, double vanity with warm wood millwork, matte black fixtures throughout, and heated floors. Residents enjoy 24/7 concierge, YMCA fitness facilities, and direct access to the Waterworks Food Hall, over 30 artisan food vendors and restaurants within the building. Steps to King Street West, Trinity Bellwoods Park, and TTC transit, with the Financial District a short walk or streetcar ride away and easy access to the Gardiner Expressway, an ideal base for the executive who moves between cities.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date6/18/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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505 Richmond Street, Toronto C01, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 505 Richmond Street W 703, Toronto C01, ON M5V 0P4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$3,960
Monthly Mortgage$23
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$373

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto C01.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$794,752

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
Niagara Street
PublicNiagara Street, Toronto, Ontario, M5V 2P7
8.1

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.