For sale · Condo Apartment
505 Richmond Street W #708.
Waterfront Communities C1, Toronto, ON M5V 0P4
In Waterworks, 505 Richmond Street WBuyer'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
About this home
Welcome To Waterworks! Built On Top Of A 1930S Heritage Utility Building This Modern Boutique Building Combines Old Charm And Modern Design. This Stunning One Bedroom Suite Features West Facing Views, A 72 Sq/ft Balcony Off The Living Area, And A Locker, Sits Conveniently Btwn King And Queen West & Is Steps To Downtowns Finest Dining & Shopping. This Unit Boasts High, Smooth Ceilings, Pot Lights Throughout, Stainless Steel Appl. And Kitchen Island. Building Offers Amazing Facilities. First-Class Concierge, Gym, Large Party Room And One-Of-A-Kind Rooftop Garden, With 360 Downtown And CN Tower View, Food Hall Is Absolutely A Bonus To Have Downstairs With High-End Restaurants And Bars. Designed By Award Winning Cecconi Simone With The Finest Hardware And Finishes. Your Dream Location In Downtown Toronto!
Suite details
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The suiteproperty type, style, size, exposure
- Property type
- Condo Apartment
- Style
- Apartment
- Size
- 500–599 sq ft
- Exposure
- West
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- None
- Possession
- Tba
Parking and storageparking, garage, locker
- Parking
- 0
- Garage
- Underground
- Locker
- Owned
Fees and taxesmaintenance, property taxes, price per sq ft
- Maintenance
- $506/mo
- Property taxes
- $2,707 (2026)
- Price per sq ft
- $1,156
Building and rulesstoreys in building, pets
- Storeys in building
- 7
- Pets
- Yes-with Restrictions
Rooms5 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Living Room | Main | 3.2 × 3.2 m | w/o to balcony · window floor to ceiling · combined w/kitchen |
| Kitchen | Main | 3.67 × 3.2 m | centre island · combined w/living · closet |
| Foyer | Main | 3.8 × 1.27 m | |
| Primary Bedroom | Main | 3.25 × 2.94 m | closet · window floor to ceiling |
| Bathroom | Main | 2.32 × 1.77 m | 4 Pc Bath |
Building amenitiesbike storage, gym, party room/meeting room
Maintenance fee includes: Water
What it could cost each month
— a month, estimated
With 20% down. Includes property tax and maintenance. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
- Maintenance—
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Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members20 suites sold at Waterworks in the last two years.
Sales activity in the building
Number of suites sold each quarter.
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Sale and listing history
Past sales at this address are for members
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The building and the area
The building
Waterworks
505 Richmond Street W · 11 storeys
Party Room/Meeting Room · Concierge · Gym · Rooftop Deck/Garden
Listing brokerage · MLS® C13818048Bosley Real Estate Ltd.Data last updated Sep 28, 2026 1:20 pm.
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