9 days on market
$869,000
For Sale

505 Richmond St W, Unit #1201

Waterfront Communities C1, Toronto

1+1 Bed|1+1 Bath|Yes|9 days on market

$869,000

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Home Details

Maintenance
$711.75 / month
Taxes
$305 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
S
Move-in Date
Now vacant and Flexible
Building Age
0-5 Years
Locker
None
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Brick
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Experience a Rare opportunity to own a coveted piece of Torontos history in the iconic Waterworks Building. Originally a 1930s utility building, this boutique condominium is perfectly positioned between King West and Queen West, just steps from the city's best dining, shopping, and amenities.This stunning unit offers ++Parking++, breathtaking city views including the CN Tower and an ultra-stylish lobby. The open-concept layout features a glass bedroom wall for enhanced natural light, a sleek modern kitchen with integrated appliances, a centre island, high ceilings, and pot lights. The spacious den with a sliding door is perfect as a home office or a small bedroom. Enjoy a private, south-facing balcony with stunning city views. This building also offers A rooftop terrace and garden, plus unbeatable access to Waterworks Food Hall and Toronto's finest restaurants, nightlife, parks, shopping, and entertainment.
All Appliances: Integrated Fridge & Dishwasher, B/I Cook Top & Oven, Microwave, Front Load Washer & Dryer

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Nov 18, 2024126$895,000N/ATerminatedC10429884
Jan 17, 202436$3,400$3,350LeasedC7406514
Nov 8, 202369$850,000N/ATerminatedC7283380
Aug 22, 202374$3,400N/ATerminatedC6759424

Rooms

Room dimensions for 505 Richmond St W, Unit #1201, Toronto
Living
12 x 11132 sqft
Kitchen
10 x 10100 sqft
Primary
10 x 990 sqft
Den
12 x 672 sqft

Building Amenities

Concierge
Gym
Party/Meeting Room

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 505 Richmond St W1201 is 5300

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$869000
Down Payment$173800
Mortgage Insurance$0
Total Mortgage$695200

Monthly Payment


Mortgage Payment$4284
Property Taxes$304
Maintenance Fees$712
Monthly Payment$5300
$5300
monthly

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About 505 Richmond St W, Unit #1201, Toronto

Located at 505 Richmond St W Unit #1201, this Toronto condo is available for sale. This property was listed for $869,000 on Wed Mar 26 2025. This condo's size is 700-799 Sqft. It has 1 bedroom and 1 bathroom. Monthly maintenance is $712 per month and taxes are approximately $3,650 annually. Views are to the South from this property. Step outside onto the open balcony. The property's amenities include Concierge, Gym, Party/Meeting Room. The property includes the following rooms: Living, Kitchen, Primary, Den. This property comes with 1 parking spots. This property also comes with a locker. 505 Richmond St W, Toronto is situated in the Waterfront Communities C1 neighbourhood.


MLS#: C12043425 · $869,000 · 1 bedroom condo in Waterfront Communities C1, Toronto