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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-c12799898
505-richmond-street-w-toronto-ontario-c12799898
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  • Sold Sold in Feb 2026
  • Condo Apt

903 - 505 Richmond Street W

Toronto, Waterfront Communities C1
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 975,000
9.22%
Listed Price: $ 1,074,000
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Key Facts About 903 - 505 Richmond Street W, Toronto

  • Tax $4,442 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $759.43
  • Size 700 - 799 feet²
  • Listing # C12799898
  • Data Source PROPTX
  • Days on Market 5
  • Listed On 18/02/2026
  • Updated On 09/03/2026
  • Market Demand
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Description

Perched above the city at 505 Richmond Street West, Residence 903 at Waterworks offers a rare blend of thoughtful design and elevated luxury, just steps from the vibrant energy of King West. This impeccably designed two-bedroom, one-bathroom suite showcases a highly functional layout, where every space feels intentional and effortlessly livable. The open-concept living and dining area flows seamlessly into a true chef's kitchen, complete with premium integrated appliances, and custom cabinetry, crafted for both everyday ease and elevated entert

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Property Details of 903 - 505 Richmond Street W, Toronto

Property

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

Inside

  • Bedrooms 2
  • Bathrooms 1
  • Kitchen 1
  • Rooms 5
  • Family Rooms Y
  • Central Vac N
  • Fireplace N

Utilities

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

Building

  • Size 700 - 799 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick
  • Amenities Bike Storage, Community BBQ, Concierge, Gym, Party Room/Meet...View More

Parking

  • Drive Way None
  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Cross Street Brant St & Richmond St W

Features

  • Park Y
  • Public Transit Y

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 3,510

Rental Yield

3.99%

School Score

7.4/10

Rental Score

4.5/5

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Rooms

Kitchen (3.12X3.63 metre)
Level: Main
Primary Bedroom (3.02X3.43 metre)
Level: Main
Bedroom (2.41X2.71 metre)
Level: Main
Bathroom
Level: Main
Living Room (4.11X3.28 metre)
Level: Main

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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

$1,328

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $759
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 903 - 505 Richmond Street W, Toronto

Nestled in the heart of the vibrant Waterfront Communities C1, the apartment for sale in Toronto at 505 Richmond Street W, Toronto, presents an exceptional opportunity for those seeking a blend of luxury and convenience. This splendid condo apartment, situated on the ninth floor, is part of the highly sought-after Waterworks development. The address 505 Richmond Street W, Toronto, is renowned for its proximity to the bustling energy of King West, making it an ideal location for urban living.

This impeccably designed residence features two spacious bedrooms and one well-appointed bathroom, making it perfect for professionals, couples, or small families. The layout is both functional and inviting, with a total of five rooms that are thoughtfully designed to maximise space and comfort. The open-concept living and dining area flows effortlessly into the main kitchen, which is a true chef's delight. Equipped with premium integrated appliances and custom cabinetry, this kitchen is designed for both everyday use and entertaining guests. The careful attention to detail in the design ensures that every corner of this apartment for sale in Toronto feels intentional and livable.

One of the standout features of this apartment is the abundance of natural light that floods the space through expansive windows. These windows not only illuminate the interior but also frame breathtaking views of the city skyline, including the iconic CN Tower. This aspect adds a touch of sophistication and luxury to the living experience, creating a polished atmosphere that is hard to resist. The overall aesthetic of the apartment is refined and modern, making it a perfect sanctuary amidst the hustle and bustle of city life.

In addition to its stunning interior, the apartment for sale in Toronto at 505 Richmond Street W, Toronto, also includes the convenience of underground parking, with one designated garage space. This is a significant advantage in a city where parking can often be a challenge. Furthermore, the residence comes with a private locker, providing additional storage space for personal belongings.

The building itself boasts a range of amenities that enhance the living experience, although it is important to note that there is no pool or fireplace within the unit. However, the central air conditioning ensures comfort throughout the warmer months, while the forced air heating system keeps the apartment cosy during the colder seasons. The absence of a central vacuum system is also noted, but this does not detract from the overall appeal of the property.

Connectivity is another strong point of this apartment for sale in Toronto. With internet access readily available, residents can easily stay connected for both work and leisure. The inclusion of a family room adds to the versatility of the space, allowing for various uses, whether it be a relaxing retreat or a vibrant social area.

While the apartment is unfurnished, this presents a blank canvas for potential buyers to personalise the space according to their tastes and preferences. The lack of additional land or extra features means that the focus remains on the apartment itself, ensuring that the investment is centred around the quality of living at 505 Richmond Street W, Toronto.

In summary, this apartment for sale in Toronto at 505 Richmond Street W, Toronto, offers a unique opportunity to experience refined downtown living in one of the city’s most coveted addresses. With its thoughtful design, luxurious finishes, and prime location, it is an ideal choice for anyone looking to immerse themselves in the vibrant lifestyle that Toronto has to offer. Don’t miss out on the chance to make this exquisite residence your new home.

Waterfront Communities C1 is a vibrant and dynamic area in Toronto, nestled along the picturesque shores of Lake Ontario. This community boasts a harmonious blend of modern residential developments, lush parks, and bustling waterfront promenades, making it an ideal location for those who appreciate both urban living and natural beauty. With easy access to a variety of amenities, including trendy restaurants, cultural attractions, and recreational activities, residents can enjoy a lively lifestyle while being just moments away from the serene lakeside. The area's excellent public transport links further enhance its appeal, ensuring that you are well-connected to the rest of the city. Whether you’re seeking a leisurely stroll along the waterfront or an exciting night out, Waterfront Communities C1 offers a unique urban experience that truly captures the essence of Toronto 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 of just 0.2 km, you'll find ALPHA Alternative Junior School, a public school offering grades JK to 6. The Downtown Vocal Music Academy, also a public school for grades 4 to 8, is just 0.5 km away, alongside Ryerson Community School, which provides a French-language curriculum for grades JK to 8 and boasts a commendable rating of 3.8. For older students, Kapapamahchakwew - Wandering Spirit School is located 1.8 km away, catering to grades 9 to 12. Additionally, St. Mary Catholic School, an elementary school offering both English and French instruction for grades JK to 8, is only 0.4 km from the property and has a strong rating of 5.7. For high school students, St. Joseph's College School, a Catholic institution, is located 2.1 km away and has an impressive rating of 7.6. Overall, the area offers a diverse range of educational options, ensuring quality schooling for children of all ages.

FAQs About 903 - 505 Richmond Street W, Toronto

How many bathrooms does this property have?

This property features 1 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 700 - 799.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

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 $759.43.

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 903 - 505 Richmond Street W, Toronto

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Listing History

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