8 days on market
$1,449,000
For Sale

505 Richmond St W, Unit #1303

Waterfront Communities C1, Toronto

2+null Bed|2 Bath|Yes|8 days on market

$1,449,000

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Home Details

Maintenance
$923.43 / month
Taxes
$542 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
W
Move-in Date
To be arranged
Locker
Owned
Hydro Included
No
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
Y
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Brick
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Perched atop the award-winning Waterworks Building, this stunning penthouse-level corner suite offers over 1,000 square feet of meticulously designed interior space, paired with an expansive private terrace that captures the most unforgettable west-facing sunsets in the heart of King West. This intelligently designed split two-bedroom, two bathroom layout is anchored by soaring 10-foot ceilings and full-height west-facing windows in every principal room, flooding the space with natural light. Wide-plank hardwood flooring runs seamlessly throughout, complemented by custom lighting, elegant pot lights, and a sleek gas fireplace that creates an inviting ambiance for both entertaining and everyday living. The heart of the home is the chefs kitchen, centred around an oversized island with integrated wine fridge. Top-tier 30 appliances are seamlessly built in, while custom cabinetry and a pantry offer ample and refined storage solutions. The open-concept living and dining areas enjoy direct access to the private 320 square foot terrace, offering gas line for bbq, and sweeping views over treetops and the city beyond. The king-sized primary bedroom is a true retreat, complete with motorized blackout blinds, a walk-in closet outfitted with custom organizers, and a spa-inspired five-piece ensuite featuring a deep soaker tub and double vanity. The second bedroom, currently utilized as a home office, also features motorized blinds, dual closets, and easy access to a stylish three-piece bath, making it ideal for guests or shared living. Additional upgrades include custom millwork, custom lighting, automated window coverings throughout, and secure underground parking with EV charging capability. A full-size locker located on the same level as the parking space offers added convenience. With its unmatched layout, premium finishes, and a rare terrace oasis, this penthouse at Waterworks is a rare opportunity to enjoy sophisticated urban living.
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Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Jun 5, 202463$1,599,000N/ATerminatedC8407008
Apr 25, 202441$1,749,000N/ATerminatedC8271014

Rooms

Room dimensions for 505 Richmond St W, Unit #1303, Toronto
Living
12 x 11132 sqft
Dining
10 x 11110 sqft
Kitchen
19 x 10190 sqft
Primary
10 x 12120 sqft
2nd Br
10 x 11110 sqft

Building Amenities

Bbqs Allowed
Visitor Parking
Rooftop Deck/Garden
Outdoor Pool
Concierge
Gym

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 505 Richmond St W1303 is 8608

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$1449000
Down Payment$289800
Mortgage Insurance$0
Total Mortgage$1159200

Monthly Payment


Mortgage Payment$7143
Property Taxes$541
Maintenance Fees$923
Monthly Payment$8608
$8608
monthly

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About 505 Richmond St W, Unit #1303, Toronto

Located at 505 Richmond St W Unit #1303, this Toronto condo is available for sale. This property was listed for $1,449,000 on Wed May 28 2025. This condo's size is 1000-1199 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $923 per month and taxes are approximately $6,495 annually. Views are to the West from this property. Step outside onto the open balcony. The property's amenities include Bbqs Allowed, Visitor Parking, Rooftop Deck/Garden, Outdoor Pool, Concierge, Gym. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br. This property comes with 1 parking spots. This property also comes with a locker. are included with this property. 505 Richmond St W, Toronto is situated in the Waterfront Communities C1 neighbourhood.


MLS#: C12179943 · $1,449,000 · 2 bedroom condo in Waterfront Communities C1, Toronto