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Condo building · Waterfront Communities C1

Waterworks.

505 Richmond St W, Toronto, ON M5V 0P4

Completed0-5 years old
Storeys · suite sizes11 · 550–1,100 sq ft
TSCC 2874ICC Property Management
For sale6$125K to $999K For lease2Median rent $4,825/mo
Asking / sq ft$1,166Median, active listings
Maintenance$0.93Per sq ft a month

Buyer's market

Condo market in Waterfront Communities C1. New listings are outpacing sales, so buyers have more choice and room to negotiate. Market data

Condo sales-to-new-listings ratio, last 3 months: 32%
Months of supply: 6.5

What it means

  • Buyer's market in Waterfront Communities C1: condos take about 37 days to sell.
  • About 6.5 months of condos for sale in Waterfront Communities C1 at the current pace of sales.

Suites for sale at Waterworks

Suites for rent at Waterworks

About Waterworks

Waterworks is a 11-storey condominium building at 505 Richmond St W in Waterfront Communities C1 in Toronto. There are currently 6 suites for sale, asking from $125,000 to $999,000. The median asking price is about $1,166 per square foot. 2 suites are available for lease, with a median rent of $4,825 a month. Amenities include party room/meeting room, concierge, gym, rooftop deck/garden and bike storage.

Building details

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Amenitiesparty room/meeting room, concierge, gym, rooftop deck/garden
  • Party Room/Meeting Room
  • Concierge
  • Gym
  • Rooftop Deck/Garden
  • Bike Storage
  • Visitor Parking
  • BBQs Allowed
  • Elevator
  • Shared Dock
  • Recreation Room
Maintenance fee includeswater, heat
  • Water
  • Heat
The buildingaddress, neighbourhood, year completed, storeys
Address
505 Richmond St W, Toronto M5V 0P4
Neighbourhood
Waterfront Communities C1
Year completed
0-5 years old
Storeys
11
Suite sizes
550–1,100 sq ft
Condo corporation
TSCC 2874
Management
ICC Property Management
Pets
Yes-with Restrictions
Maintenance fees
$0.93 per sq ft a month

What suites sell for here

Members

9 suites sold at Waterworks in the last 12 months.

Sales activity in the building

Number of suites sold each quarter.

3 sold, Jan to Mar 2025 3 Jan–Mar 2025 5 sold, Apr to Jun 2025 5 Apr–Jun 2025 1 sold, Jul to Sep 2025 1 Jul–Sep 2025 1 sold, Oct to Dec 2025 1 Oct–Dec 2025 5 sold, Jan to Mar 2026 5 Jan–Mar 2026 3 sold, Apr to Jun 2026 3 Apr–Jun 2026 1 sold, Jul to Sep 2026 1 Jul–Sep 2026 0 Oct–Dec 2026 so far

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Location

Questions about Waterworks

How many units are for sale at Waterworks?

There are 6 units for sale at 505 Richmond St W right now, priced from $125,000 to $999,000.

What are the maintenance fees at Waterworks?

Based on current listings, maintenance fees range from $75 to $804 a month depending on suite size, or around $0.93 per square foot. Fees typically include water and heat.

What amenities does Waterworks have?

Amenities at Waterworks include party room/meeting room, concierge, gym, rooftop deck/garden, bike storage, visitor parking, bbqs allowed, elevator, shared dock and recreation room.

Are pets allowed at Waterworks?

Current listings describe pets as yes-with restrictions. Check the condo corporation's rules for size or breed limits before you buy.

Where is Waterworks?

Waterworks is at 505 Richmond St W, Waterfront Communities C1, Toronto.

Nearby condo buildings.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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6 for sale2 for rent · from $125KGet alerts