5 days on market
$1,295,000
For Sale

505 Richmond St W, Unit #612

Waterfront Communities C1, Toronto

1+null Bed|2 Bath|Yes|5 days on market

$1,295,000

Buy with Dwelly and Save $12,950

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Home Details

Maintenance
$853.92 / month
Taxes
$433 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
NW
Move-in Date
Oct 01, 2025
Building Age
0-5 Years
Locker
Owned
Hydro Included
No
Heat Included
Yes
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Main
Exterior
Brick, Other
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

The Waterworks building, by now, hardly needs any introduction... impeccably built, award-winning, well run and vibrant. This particular suite began as a two-bedroom layout and has been thoughtfully converted into a one-bedroom, resulting in an extraordinary sense of space and flow. The simple edit elevates the home into something unique: a residence with sweeping skyline and charming city views, paired with a generous corner balcony that extends the living outdoors. With meticulously upgraded lighting, kitchen cabinetry and custom wardrobes, double layered window treatments all allow to personalize the level of lighting and privacy to one's mood. The Signature 1.5 bathroom is smartly laid out to provide privacy when entertaining or when there is more than one occupant in the household. The option to convert back to a two bedroom is available and can be easily done. Tasteful and beautiful local custom wood furniture combined with pieces from Danish design houses such as &Tradition and Audo (formerly Menu) can be all available for purchase. Vibrant Food Hall and patios, event spaces, flower shop, Susur Lee's restaurant, and now open YMCA with a pool, are right at the door. Surrounded by the Health and Wellness corridor and Ace hotel and many many more amenities, dining, shopping, and cultural experiences just beyond. Situated in one of downtown Toronto's most walkable neighbourhoods, this home offers an unmatched balance of privacy, community and connection to the city's best.The building, alone, has its own well equipped private gym, a stylish lounge/party room for private events, fantastic management and lively social events for residents. Also a spectacular rooftop with barbecues that hosts a summer cinema series.
all lighting, all window coverings, all integrated kitchen appliances: cooktop, oven, dishwasher, fridge/freezer. Microwave, washer and dryer. Porcelain pavers on balcony.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Jul 5, 202511$4,750N/ATerminatedC12265697
Jul 7, 20235$4,950N/ATerminatedC6648032
Jun 23, 202313$5,500N/ATerminatedC6201976

Rooms

Room dimensions for 505 Richmond St W, Unit #612, Toronto
Living
14 x 12168 sqft
Dining
13 x 8104 sqft
Kitchen
15 x 12180 sqft
Br
12 x 10120 sqft
Foyer
18 x 7126 sqft
Other
12 x 896 sqft

Building Amenities

Bike Storage
Exercise Room
Concierge
Gym
Party/Meeting Room
Rooftop Deck/Garden

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 505 Richmond St W612 is 7671

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$1295000
Down Payment$259000
Mortgage Insurance$0
Total Mortgage$1036000

Monthly Payment


Mortgage Payment$6384
Property Taxes$433
Maintenance Fees$854
Monthly Payment$7671
$7671
monthly

About 505 Richmond St W, Unit #612, Toronto

Located at 505 Richmond St W Unit #612, this Toronto condo is available for sale. This property was listed for $1,295,000 on Wed Sep 03 2025. This condo's size is 800-899 Sqft. It has 1 bedroom and 2 bathrooms. Monthly maintenance is $854 per month and taxes are approximately $5,193 annually. Views are to the NorthWest from this property. Step outside onto the open balcony. The property's amenities include Bike Storage, Exercise Room, Concierge, Gym, Party/Meeting Room, Rooftop Deck/Garden. The property includes the following rooms: Living, Dining, Kitchen, Br, Foyer, Other. This property comes with 1 parking spots. This property also comes with a locker. Heat is included with this property. 505 Richmond St W, Toronto is situated in the Waterfront Communities C1 neighbourhood.


MLS#: C12377272 · $1,295,000 · 1 bedroom condo in Waterfront Communities C1, Toronto