For sale · Condo Apartment
505 Richmond Street W #25.
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
A true two-bedroom at Waterworks - and a layout worth seeing. This thoughtfully designed split-bedroom suite offers two separate bedrooms, each with a south-facing window and its own full-size door, creating excellent privacy and separation.The bright, open living space enjoys an unobstructed south-facing view, bringing natural light and an exceptional sense of openness into the suite. The contemporary kitchen features integrated appliances, a generous island and ample workspace, flowing naturally into the living and dining area. Step outside to the 163 SF private terrace, a substantial extension of the living space with a gas hookup - perfect for outdoor dining, entertaining or simply enjoying the view. Set within the iconic Waterworks Residences, residents enjoy an exceptional downtown lifestyle with the renowned Waterworks Food Hall, YMCA, landscaped surroundings and a vibrant mix of restaurants, cafés, shopping, entertainment and culture just outside the door. Located in the heart of King West, with Queen West, the Financial District, transit and Toronto's downtown core all within easy reach.
Suite details
Click the + to read more.
The suiteproperty type, style, size, exposure
- Property type
- Condo Apartment
- Style
- Apartment
- Size
- 700–799 sq ft
- Exposure
- South
- Heating
- Fan Coil
- Cooling
- Central Air
- Basement
- None
- Possession
- 30-60 days
Parking and storageparking, garage, locker
- Parking
- 0
- Garage
- Underground
- Locker
- Owned
Fees and taxesmaintenance, property taxes, price per sq ft
- Maintenance
- $673/mo
- Property taxes
- $4,389 (2026)
- Price per sq ft
- $1,301
Building and rulesstoreys in building, pets
- Storeys in building
- 11
- Pets
- Yes-with Restrictions
Rooms5 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Primary Bedroom | Flat | 4.23 × 2.74 m | 5 pc ensuite · b/i closet · south view |
| Kitchen | Flat | 3.69 × 3.6 m | centre island · b/i appliances · pantry |
| Living Room | Flat | 4.57 × 3.2 m | w/o to terrace · south view |
| Bedroom 2 | Flat | 3.08 × 2.44 m | large window · closet · south view |
| Dining Room | Flat | 3.69 × 3.6 m | centre island · b/i appliances · pantry |
What is includedAppliances and fixtures
Fridge, stove with oven, washer/dryer, dishwasher, microwave, all window coverings, all light fixtures, de-humidifier.
What it could cost each month
— a month, estimated
With 20% down. Includes property tax and maintenance. Estimate only.
Change the numbersHide the calculator
- Mortgage—
- Mortgage insurance (added to loan)—
- Maintenance—
- Property tax—
Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members19 suites sold at Waterworks in the last two years.
Sales activity in the building
Number of suites sold each quarter.
See what suites here sold for
A free account shows sold prices, full history and alerts for this building.
Create a free accountAlready a member? Sign in
Own a suite at Waterworks?
See what yours could sell for, based on recent sales in the building.
See what every suite in Waterworks sold for
Sold prices, price history and how this price compares are free with an account. It takes a minute, and you can save homes and get alerts too.
Sale and listing history
Past sales at this address are for members
A free account shows past sale prices and dates, sold prices in this building, and alerts when similar homes list.
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® C13986698Zolo RealtyData last updated Oct 27, 2026 10:14 am.
Similar homes nearby.
Want to see it in person?
Tell us when suits you and our team will set up a private showing.
