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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 $818,900 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.
Set within the landmark Waterworks Residences, Suite 414 offers a serene urban retreat above St. Andrew's Park. This 1+1 bedroom, 1 bathroom layout combines just under 700 square feet of interior living with a 112 square-foot northwest-facing terrace, an elegant expression of downtown livability. Ten-foot ceilings, floor-to-ceiling windows, and motorized blinds draw natural light deep into the home, while lighter finishes enhance openness and flow. At its centre, a custom Cecconi Simone kitchen anchors the open-concept plan, featuring Dekton surfaces, full-height millwork, and integrated appliances that unite form and function with quiet precision. The primary bedroom is proportioned for comfort, offering his-and-hers closets and a three-piece semi-ensuite finished in stone and glass. The enclosed den, privately positioned near the entry, transitions naturally into a guest suite or workspace, reflecting the versatility of contemporary living.The northwest terrace extends the living space outdoors, ideal for late-day sun and evening gatherings. Additional features include in-suite laundry, one parking space, and a private locker, offering practical convenience within a refined setting.Residents enjoy access to a state-of-the-art YMCA with 25-metre pool and fitness centre, rooftop terraces, private dining and lounge spaces, and the celebrated Food Hall Toronto within the restored Great Hall. Moments from Queen West, Spadina, and the Financial Core, Suite 414 captures the balance of design, light, and heritage that defines Waterworks.
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Clear View, Park, Public Transit, Rec./Commun.Centre, Waterfront
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This could be the first listing for this address.
Data-driven valuation for 505 Richmond Street W 414, Toronto C01, ON M5V 0P4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $818,900 in Toronto, the legal minimum down payment is $56,890 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,853 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,853 also applies, bringing the total estimated land transfer taxes to $25,706.
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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.