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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C1
  • 505 Richmond Street W
505-richmond-street-w-toronto-ontario-c12795142
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  • Sold Sold in Mar 2026
  • Condo Apt

1309 - 505 Richmond Street W

Toronto, Waterfront Communities C1
  • 2 Bedrooms
  • 3 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 2,130,000
5.29%
Listed Price: $ 2,249,000
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Key Facts About 1309 - 505 Richmond Street W, Toronto

  • Tax $12,254 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Loft
  • Maintenance Fees $1290.95
  • Size 1600 - 1799 feet²
  • Parking 1 garage, 1 parking
  • Listing # C12795142
  • Data Source PROPTX
  • Days on Market 13
  • Listed On 17/02/2026
  • Updated On 04/03/2026
  • Market Demand
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Description

The welcoming Waterworks Residences artfully integrates authentic character with modern loft design. This iconic building provides the community with its own Food Hall, Y.M.C.A. and a pet friendly St Andrews Playground Park just steps away. Floor to Ceiling Windows illuminate this vibrant northeast corner penthouse. The impact is immediate! Sweeping 270 degree daytime views give way to glittering night scapes. The easy flow from the kitchen to the dining and living rooms add to the relaxed vibe. Host a balcony BBQ while watching summer sunsets.

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Property Details of 1309 - 505 Richmond Street W, Toronto

Property

  • Property Type Condo Apt
  • Style Loft
  • Community Waterfront Communities C1
  • Municipality Toronto

Inside

  • Bedrooms 2
  • Bathrooms 3
  • Bathroom Details 1, 3pc Flat
  • Bathroom Details 1, 5pc Flat
  • Bathroom Details 1, 2pc Flat
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 1600 - 1799 feet²
  • Architecture Style Loft
  • Exterior Feature Brick
  • Amenities Concierge, Exercise Room, Gym, Party Room/Meeting Room, Roof...View More

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Richmond St / Brant St

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 4,245

Rental Yield

1.67%

School Score

7.4/10

Rental Score

0.5/5

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Rooms

Kitchen (6.15X4.11 metre)
Level: Main
Dining Room (4.29X3.15 metre)
Level: Main
Primary Bedroom (6.78X4.37 metre)
Level: Main
Bedroom 2 (3.61X3.48 metre)
Level: Main
Living Room (4.29X4.27 metre)
Level: Main
Bathroom (3 pcs)
Level: Flat
Bathroom (5 pcs)
Level: Flat
Bathroom (2 pcs)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,860

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,291
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1309 - 505 Richmond Street W, Toronto

Nestled in the heart of the vibrant Waterfront Communities C1, this stunning apartment for sale in Toronto at 505 Richmond Street W, Toronto, is a true gem. The Waterworks Residences is an iconic building that artfully blends authentic character with modern loft design, making it a highly sought-after location for those looking to enjoy the best of urban living.

As you step into this remarkable condo apartment, you are greeted by floor-to-ceiling windows that illuminate the vibrant northeast corner penthouse. The immediate impact of the sweeping 270-degree views is nothing short of breathtaking, offering a picturesque panorama that transitions beautifully from the bright daytime to the enchanting nightscapes of Toronto. This apartment for sale in Toronto is designed for those who appreciate both aesthetics and functionality, with an easy flow from the kitchen to the dining and living areas, creating a relaxed and inviting atmosphere.

The main kitchen is a delightful space for culinary enthusiasts, while the open-plan layout allows for seamless entertaining. Imagine hosting a delightful balcony barbecue while watching the summer sunsets paint the sky in hues of orange and pink. The expansive bedroom suite is a true sanctuary, perfect for unwinding after a long day. This apartment for sale in Toronto features meticulously designed custom closet built-ins throughout, offering exceptional storage solutions that keep the space organised and liveable.

With two well-appointed bedrooms, including a second bedroom that boasts an ensuite and a walk-in closet, this apartment is perfect for various living arrangements. Whether you need an office, a guest suite, or a children's room, the versatility of the space is a significant advantage. The desirable split bedroom floor plan ensures privacy, with no buildings peering in, allowing for unobstructed views for miles. This thoughtful design enhances the sense of calm and tranquillity within the home.

In addition to its stunning interiors, the Waterworks Residences offers an array of amenities that cater to modern living. The community features its own Food Hall, providing residents with convenient dining options just steps from their front door. For those who enjoy an active lifestyle, the nearby Y.M.C.A. offers fitness facilities and programmes, while the pet-friendly St Andrews Playground Park is perfect for leisurely strolls or playtime with furry friends.

This apartment for sale in Toronto at 505 Richmond Street W, Toronto, also includes a single underground garage space, ensuring that parking is never a hassle. While there is no pool or fireplace, the central air conditioning and forced air heating systems guarantee year-round comfort. The apartment is unfurnished, allowing you the freedom to create a space that reflects your personal style.

The total of five rooms, including two bedrooms and three bathrooms, provides ample space for comfortable living. Although there is no den or family room, the layout maximises the use of space, making it feel open and airy. The absence of a basement and additional land means that maintenance is kept to a minimum, allowing you to focus on enjoying your new home and the vibrant community around you.

In conclusion, this apartment for sale in Toronto at 505 Richmond Street W, Toronto, is an exceptional opportunity for those seeking a stylish and comfortable living space in a prime location. With its stunning views, modern design, and convenient amenities, it truly embodies the essence of urban living. Don’t miss your chance to make this remarkable condo apartment your new home!

Waterfront Communities C1 is a vibrant and dynamic area nestled along the shores of Lake Ontario in Toronto. This waterfront enclave boasts a stunning blend of modern residential developments, lush parks, and scenic promenades, making it an ideal locale for those who appreciate urban living with a touch of nature. The neighbourhood is well-connected to the city’s extensive public transport network, ensuring easy access to downtown amenities, cultural attractions, and entertainment options. With its picturesque views, diverse dining experiences, and a lively atmosphere, Waterfront Communities C1 offers a unique lifestyle that seamlessly merges the energy of city life with the tranquillity of lakeside living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find ALPHA Alternative Junior School (0.2 km), which offers grades JK to 6 under the Toronto District School Board. Just 0.5 km away, the Downtown Vocal Music Academy caters to grades 4 to 8, while Ryerson Community School, also 0.5 km away, provides a French-language curriculum for grades JK to 8, boasting a solid school rating of 3.8. For older students, Kapapamahchakwew - Wandering Spirit School is located 1.8 km away, serving grades 9 to 12. Additionally, St. Mary Catholic School, an elementary institution offering both English and French programs for grades JK to 8, is only 0.4 km from the property and has an impressive rating of 5.7. For high school education, St. Joseph's College School is 2.1 km away and is well-regarded with a rating of 7.6. Overall, the proximity to a diverse range of public and Catholic schools enhances the appeal of this property for potential buyers seeking quality education for their children.

FAQs About 1309 - 505 Richmond Street W, Toronto

How many bathrooms does this property have?

This property features 3 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Toronto is 1600 - 1799.

How many parking spaces are available with this property?

505 Richmond Street W boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 505 Richmond Street W?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $1290.95.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1309 - 505 Richmond Street W, Toronto

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Listing History

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