505 Richmond Street, Unit 14, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick and concrete poured construction, this residence presents an exceptional opportunity offered at $974,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare opportunity to own an exceptional residence in the iconic Waterworks Residences, where timeless heritage architecture meets sophisticated modern luxury. This beautifully appointed two-bedroom suite showcases elegant finishes, soaring 9-foot ceilings, and an abundance of natural light streaming through an impressive wall of floor-to-ceiling windows, creating a bright and inviting atmosphere throughout.Designed with both style and functionality in mind, the thoughtfully crafted open-concept layout flows effortlessly from room to room, maximizing both comfort and everyday living. The contemporary kitchen is a chef's dream, featuring integrated appliances, a generous centre island with ample workspace, and abundant counter space for cooking, entertaining, and gathering with family and friends. Step outside to your spacious private balcony-an ideal extension of your living space and the perfect setting to relax, unwind, or entertain while enjoying the vibrant downtown surroundings. Residents of Waterworks enjoy an unparalleled lifestyle with access to premium amenities, including a state-of-the-art YMCA fitness facility, spectacular rooftop amenities, and the renowned Waterworks Food Hall. Perfectly positioned in the heart of downtown Toronto, you're just steps from the boutiques, acclaimed restaurants, cafés, and nightlife of Queen West and King West, with the Financial District, transit, and countless urban conveniences only moments away. *Some Photos Have Been Virtually Staged*
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Property Summary
This condo apartment located at 505 Richmond Street, Toronto is currently for sale and has been available on SousaSells for 10 days. This property is listed at $974,900 with an estimated mortgage of $3,245* per month. It has 2 beds, 2 bathrooms, and is 800-899 square feet. 505 Richmond Street, Toronto is in the Waterfront Communities C1 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterfront Communities C1, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •800-899 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 505 Richmond Street, Unit 14, Toronto, ON
Q.What is the asking price for 505 Richmond Street, Unit 14, Toronto, ON ?
The current listing price for 505 Richmond Street, Unit 14, Toronto, ON in Waterfront Communities C1, Toronto is $974,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 800-899 sqft.
Q.What property type and architectural style is 505 Richmond Street, Unit 14, Toronto, ON ?
505 Richmond Street, Unit 14, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 505 Richmond Street W 714, Toronto, ON M5V 0P4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $974,900 in Toronto, the legal minimum down payment is $72,490 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 $15,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,973 also applies, bringing the total estimated land transfer taxes to $31,946.
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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.