414 - 505 Richmond Street W

Nestled within the iconic Waterworks Residences, this charming apartment for sale in Toronto at 505 Richmond Street W, Toronto, offers a delightful urban escape right above St. Andrew's Park. With its well-thought-out layout featuring 1 bedroom and an additional den, this property is perfect for those seeking a blend of comfort and style in the heart of the city. Spanning just under 700 square feet, the apartment boasts a generous 112 square-foot northwest-facing terrace, making it an elegant expression of downtown livability.

As you step into this lovely apartment for sale in Toronto, you’ll immediately notice the impressive ten-foot ceilings and the floor-to-ceiling windows that flood the space with natural light. The motorised blinds provide both privacy and convenience, allowing you to control the light with ease. The lighter finishes throughout the apartment enhance the sense of openness and flow, creating a welcoming atmosphere that feels both spacious and inviting.

At the heart of the home lies a custom Cecconi Simone kitchen, which anchors the open-concept design beautifully. This kitchen is a chef's dream, featuring Dekton surfaces and full-height millwork that seamlessly integrate with the high-end appliances. The attention to detail in this space is a testament to the quality of design, marrying form and function with quiet precision.

The primary bedroom is generously proportioned, designed with comfort in mind. It features his-and-hers closets, ensuring ample storage space for your belongings. The three-piece semi-ensuite bathroom, finished in elegant stone and glass, adds a touch of luxury to your daily routine. The enclosed den, conveniently located near the entry, is a versatile space that can easily transition into a guest suite or a productive workspace, perfectly reflecting the demands of contemporary living.

One of the standout features of this apartment for sale in Toronto is the northwest terrace, which extends your living space outdoors. It’s the ideal spot for soaking up the late-day sun or hosting evening gatherings with friends and family. Imagine sipping your favourite drink while enjoying the beautiful Toronto skyline – it’s a perfect urban retreat.

Additional conveniences include in-suite laundry, one underground parking space, and a private locker, ensuring that you have everything you need within this refined setting. The apartment is unfurnished, allowing you to personalise the space to your taste and style.

Residents of this stunning condo apartment enjoy access to a state-of-the-art YMCA, complete with a 25-metre pool and fitness centre, making it easy to maintain an active lifestyle. The building also features rooftop terraces, private dining and lounge spaces, and the celebrated Food Hall Toronto within the restored Great Hall. It’s a vibrant community that offers a wealth of amenities right at your doorstep.

Located just moments from Queen West, Spadina, and the Financial Core, this apartment for sale in Toronto truly captures the essence of urban living. The balance of design, light, and heritage that defines Waterworks is evident in every corner of this home. With its prime location at 505 Richmond Street W, Toronto, you’ll find yourself immersed in the lively culture and energy of the city.

In summary, if you’re on the lookout for an apartment for sale in Toronto that combines modern elegance with practical living, Suite 414 at 505 Richmond Street W, Toronto, is an opportunity not to be missed. With its thoughtful design, excellent amenities, and fantastic location, this property is ready to welcome you home. Don’t let this chance slip away – make it yours today!

Waterfront Communities C1, nestled along the picturesque shores of Lake Ontario in Toronto, offers a vibrant blend of urban living and natural beauty. This dynamic area boasts a stunning waterfront promenade, lush parks, and a variety of recreational activities, making it an ideal spot for those who enjoy an active lifestyle. The neighbourhood is well-connected to the city's bustling downtown, featuring an array of trendy restaurants, cafes, and cultural attractions, including galleries and theatres. With its modern residential developments and a strong sense of community, Waterfront Communities C1 presents an enticing opportunity for prospective residents seeking a lively and convenient urban environment, all while being steps away from the calming waters of the lake.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.2 km, you'll find ALPHA Alternative Junior School, a public institution offering grades JK to 6. A short 0.5 km away is the Downtown Vocal Music Academy, catering to grades 4 to 8, and Ryerson Community School, which provides a French-language curriculum for grades JK to 8 and boasts a commendable rating of 3.8. St. Mary Catholic School, located 0.4 km from the property, offers a strong Catholic education for grades JK to 8, with a rating of 5.7. For older students, Kapapamahchakwew - Wandering Spirit School is 1.8 km away, serving grades 9 to 12, while St. Joseph's College School, 2.1 km away, is a well-rated Catholic school for grades 9 to 12 with a rating of 7.6. The area is rich in educational options, including both public and Catholic schools, ensuring a diverse selection for your children's academic needs. With a variety of grades and programs available, this location is sure to meet the educational aspirations of any family.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 2,262 residents. The average household size is 1.5, indicating a prevalence of single-person households, which make up 61.68% of the population. The average age of residents is 37.3 years, suggesting a relatively young community. Financially, the area boasts a robust average household income of $119,400, although 15.1% of the population falls within the low-income bracket. The average property price is $864,000, reflecting the area's desirability. A significant portion of the population, 32.51%, are immigrants, contributing to the cultural diversity of the neighborhood. Renters comprise 58.33% of households, with a high concentration of condominiums, accounting for 75.35% of the housing market. Additionally, 14.94% of households include children, while a notable 80.14% of residents hold a college or university degree. Lastly, 16.75% of the population is not in the labor force, highlighting a mix of employment statuses within this vibrant community. Overall, the area presents a unique blend of demographics that could appeal to various potential buyers or renters.