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For saleMLS® C13818048

505 Richmond Street W 708, Toronto, ON M5V 0P4

Waterfront Communities · C01 · M5V 0P4

$635,000

+ $506/mo maintenance$1,270 / sq ft

1 months on market

Bedrooms
1
Bathrooms
1
Interior
500 sf

What's special

  • Underground parking
  • Owned locker
  • Balcony
  • West exposure
  • Central air
  • Pets with restrictions
  • Common elements, Building insurance, Water included
  • Bike storage

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About this property

Welcome To Waterworks! Built On Top Of A 1930S Heritage Utility Building This Modern Boutique Building Combines Old Charm And Modern Design. This Stunning One Bedroom Suite Features West Facing Views, A 72 Sq/ft Balcony Off The Living Area, And A Locker, Sits Conveniently Btwn King And Queen West & Is Steps To Downtowns Finest Dining & Shopping. This Unit Boasts High, Smooth Ceilings, Pot Lights Throughout, Stainless Steel Appl. And Kitchen Island. Building Offers Amazing Facilities. First-Class Concierge, Gym, Large Party Room And One-Of-A-Kind Rooftop Garden, With 360 Downtown And CN Tower View, Food Hall Is Absolutely A Bonus To Have Downstairs With High-End Restaurants And Bars. Designed By Award Winning Cecconi Simone With The Finest Hardware And Finishes. Your Dream Location In Downtown Toronto!

Rooms

5 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain3.67 × 3.20 m12.0 × 10.5 ftCentre Island · Combined w/Living · Closet
Living RoomMain3.20 × 3.20 m10.5 × 10.5 ftW/O To Balcony · Window Floor to Ceiling · Combined w/Kitchen
Primary BedroomMain3.25 × 2.94 m10.7 × 9.6 ftCloset · Window Floor to Ceiling
BathroomMain2.32 × 1.77 m7.6 × 5.8 ft4 Pc Bath
FoyerMain3.80 × 1.27 m12.5 × 4.2 ft—

Features

  • None

Building amenities

  • Bike Storage
  • Gym
  • Party Room/Meeting Room
  • Recreation Room
  • Rooftop Deck/Garden
  • Visitor Parking

Property details

Property

Property type
condo apartment
Bedrooms
1
Bathrooms
1
Interior size
500 sq ft
Possession
TBA

Interior

Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West
Balcony
Open

Exterior & services

Construction
Brick Front, Metal/Steel Siding
Garage
Underground

Condominium

Corporation
2874 TSCP
Property manager
ICC Property Management Ltd
Locker
Owned
Pets
Yes-with Restrictions
Fee includes
Common Elements Included, Building Insurance Included, Water Included

Costs

List price
$635,000
Property taxes
$2,707 / year (2026)
Maintenance fee
$506 / month
Price per sq ft
$1,270

Listing

MLS® number
C13818048
Status
For sale
Listed
September 23, 2026
Days on market
43
Last updated
September 28, 2026
Listing brokerage
BOSLEY REAL ESTATE LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 53% of comparable condo apartment listings in Waterfront Communities are asking less.

$447KMedian $613K$999K
This home
$1,270 / sq ft
Comparable median
$976 / sq ft

Based on 96 comparable active condo apartment listings in Waterfront Communities. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.1% · minimum $38,500
$38,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,298.15
Property tax (est.)
$225.58
Maintenance fee
$505.74
Estimated monthly
$4,029

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$9,175
Toronto municipal
$9,175
Total due on closing
$18,350

An estimate on the asking price of $635,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BOSLEY REAL ESTATE LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$635,000

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