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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 $849,000 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.
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Exceptional Loft Living at The Waterworks! This uber-cool suite is at one of King West's most coveted addresses. Suite 424 offers a rare combination of architectural character, sophisticated design, and an enviable downtown lifestyle. This bright two-bedroom, two full-bathroom suite comes with parking and a locker. One of only two floors in the building, with soaring 10-foot ceilings, creating an impressive sense of volume and natural light. The highly efficient layout maximizes every square foot, with a seamless flow ideal for both everyday living and entertaining. The sophisticated kitchen features premium European appliances and a generous centre island. The primary suite offers two closets, including a walk-in, and a luxurious five-piece spa-inspired ensuite with signature Waterworks fixtures, a deep soaker tub, and a separate walk-in shower with a rain showerhead. Custom blackout blinds and sleek display shelving add comfort and style. A large south-facing balcony overlooks the landscaped courtyard and cityscape, while the newly redesigned St. Andrew's Playground Park enhances the setting. Residents enjoy a brand-new YMCA within the building and the vibrant Waterworks Food Hall, offering an exciting selection of cuisines made with fresh, local ingredients. World-class shopping, dining, entertainment, and transit are all at your doorstep. Recognized with the 2025 Toronto Urban Design Award in conjunction with St. Andrew's Playground Park, Waterworks is a landmark address celebrated for its architecture and community impact. This meticulously maintained, move-in-ready suite offers elevated loft living in the heart of King West. Sophisticated, stylish, and exceptionally located-an extraordinary opportunity at The Waterworks.
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This condo apartment located at 505 Richmond Street, Toronto is currently for sale and has been available for 38 days. This property is listed at $849,000 with an estimated mortgage of $2,826* per month. It has 2 beds, 2 bathrooms, and is 700-799 square feet. 505 Richmond Street, Toronto is in the Waterfront Communities C1 neighborhood.
* 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.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
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Real estate boards require a verified account to access this data — free and fast to join
Real estate boards require a verified account to access this data — free and fast to join
Real estate boards require a verified account to access this data — free and fast to join
Real estate boards require a verified account to access this data — free and fast to join
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None listed
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No historical data available for this property.
This could be the first listing for this address.
This property at 505 Richmond Street, Unit 424, Toronto, ON has closed. If you own a home on this street or nearby in Toronto, recent market trends and verified sold prices directly determine your home equity.
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The current listing price for 505 Richmond Street, Unit 424, Toronto, ON in Waterfront Communities C1, Toronto is $849,000.
This property features 2 bedrooms and 2 bathrooms across approximately 700-799 sqft.
505 Richmond Street, Unit 424, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Key property features include: Arts Centre, Electric Car Charger, Hospital, Library, Park, Place Of Worship.
Interior highlights include: Built-In Oven.
Security features include: Carbon Monoxide Detectors, Concierge/Security, Heat Detector, Smoke Detector.
Yes, this property offers parking space for 1.0 vehicle (Underground).
Heating is provided via Gas and cooling via Central Air.
Waterfront Communities C1, Toronto
161 assaults (45.0/100k)
43 B&E (40.0/100k)
60 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 505 Richmond Street W 424, Toronto, ON M5V 0P4
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Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.
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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.
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