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For sale · Parking Space

505 Richmond Street W #PARKING.

Waterfront Communities C1, Toronto, ON M5V 0P4

In Waterworks, 505 Richmond Street W
On the market94 days
MLS® C13606810Courtesy of Marquis Real Estate Corporation
Parking1Underground

Buyer's market

Condo market in Waterfront Communities C1. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 37 days. Market data

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.

At a glance

Maintenance$75 / month
Property taxes$1 / year
PossessionTbd

About this home

Must be owner of a unit in the building. Three parking spots available. EV rough-in.

Suite details

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The suiteproperty type, style, year built, possession
Property type
Parking Space
Style
Other
Year built
0-5
Possession
Tbd
Parking and storageparking, garage
Parking
1
Garage
Underground
Fees and taxesmaintenance, property taxes
Maintenance
$75/mo
Property taxes
$1 (2026)
Building and rulesstoreys in building
Storeys in building
D

What it could cost each month

— a month, estimated

With 20% down. Includes property tax and maintenance. Estimate only.

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  • Mortgage—
  • Maintenance—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

How this price compares

Members

19 suites sold at Waterworks in the last two years.

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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Sale and listing history

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The building and the area

Waterworks

The building

Waterworks

505 Richmond Street W · 11 storeys

Party Room/Meeting Room · Concierge · Gym · Rooftop Deck/Garden

6For sale now
2For rent now
9Sold, last 12 months

Listing brokerage · MLS® C13606810Marquis Real Estate CorporationData last updated Oct 16, 2026 6:52 pm.

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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