2 days on market
$2,500
monthly
For Lease

505 Richmond St W, Unit #507

Waterfront Communities C1, Toronto

1+null Bed|1 Bath|No|2 days on market

$2,500 / month

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Home Details

Total Parking Spots
0
Garage Spaces
NaN
Balcony
Yes
Furnished
No
Exposure
W
Lease Term
1 Year
Move-in Date
Oct 01, 2025
Locker
Owned
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

Listing Description

This is the home youve been waiting for at the highly sought-after Waterworks, one of Torontos most desirable addresses. Perfectly located on Richmond Street between Queen West and King West, the location offers the best of downtown living while maintaining a sense of privacy and charm. Residents enjoy exceptional amenities including a 24-hour concierge, a state-of-the-art fitness centre, a stylish lounge, and a stunning rooftop terrace with breathtaking city views. This one-bedroom, one-bathroom suite features sleek high-end finishes, a thoughtfully designed open layout filled with natural light, and a rare uncovered terrace that extends the living space for relaxing or entertaining. With the renowned Waterworks Food Hall at your doorstep, along with some of Torontos best dining, shopping, entertainment, and convenient transit options, this residence combines style, comfort, and location to offer the ultimate downtown lifestyle. Available furnished for $2,750/month.
Built in appliances (fridge, stove, dishwasher, microwave range hood), washer/dryer, light fixtures, window coverings.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Sep 14, 202244$749,000$695,000SoldC5762441
Jun 21, 202271$789,900N/ATerminatedC5668145
May 25, 20211$2,100N/ASuspendedC5246995

Rooms

Room dimensions for 505 Richmond St W, Unit #507, Toronto
Primary
10 x 880 sqft
Living
10 x 10100 sqft
Kitchen
11 x 888 sqft
Bathroom
8 x 540 sqft

Building Amenities

Bike Storage
Community BBQ
Exercise Room
Games Room
Party/Meeting Room
Rooftop Deck/Garden

Market Trends and Insights

Leased Comparables

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About 505 Richmond St W, Unit #507, Toronto

Located at 505 Richmond St W Unit #507, this Toronto condo is available for lease. This property was listed for $2,500 on Thu Sep 18 2025. This condo's size is 500-599 Sqft. It has 1 bedroom and 1 bathroom. Views are to the West from this property. Step outside onto the open balcony. The property's amenities include Bike Storage, Community BBQ, Exercise Room, Games Room, Party/Meeting Room, Rooftop Deck/Garden. The property includes the following rooms: Primary, Living, Kitchen, Bathroom. This property also comes with a locker. 505 Richmond St W, Toronto is situated in the Waterfront Communities C1 neighbourhood.


MLS#: C12411909 · $2,500 · 1 bedroom condo in Waterfront Communities C1, Toronto