1 day on Market

505 Richmond St #1115, Toronto, Ontario M5V 0P4

In the same building:
-
Condo
1
1
~600-699 sqft
$924,900
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Condo
1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,432/sqft

Est. Mortgage$3,972/mo

Maintenance fees$583/mo

Tax Amount (2024)$3,734/yr

Days On Market1 day


Description

Waterworks Terrace Suite! Podium level, 11th floor open air terrace with sweeping forever views and gas line BBQ. Head and shoulders above the rest - this highly efficient corner suite embraces the lush green and city skyline as your backdrop to life. Completely upgraded throughout, featuring Canadian-made (Mirage) natural chevron character grade flooring, painted wooden custom closets, built in breakfast nook, textured glass enclosure of island, Italian made FLOS AIM pendant lights in kitchen. All lights fully dimmable to find your correct balance in your day to day. Very intelligent custom office in bedroom to create a sense of separation + privacy from your living quarters. Roller blinds on all windows coupled with custom heavy (moody) curtains. Every corner of this suite has been thoughtfully upgraded to embrace the original premium layout, MOD Developments so thoughtfully curated. Hotelesque lobby + amenities means coming home has never been cooler.. Waterworks Food Hall + Event Space is an architectural delight, lunch meetings + get-togethers have never been better. YMCA is opening in 2025, although its your choice to join as the buildings exercise facilities are excellent with free weights, a squat rack + pulley and cable system. Rooftop terraces outfitted with fire pit, BBQ's + City / Park views. Comes with 1 owned locker, owner rents a parking spot in the building for $300 a month, multiple spots also for sale. Right in time for summer...


Property Details

StyleApartment
View-
Age of property0-5
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12144089
Community NameEntertainment District
Data SourceTRREB
Listing bySAGE REAL ESTATE LIMITED

Features

Heating: Heat Pump
Cooling: Central Air

Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


11Story
Amenities

Bus Ctr (Wifi Bldg), Concierge, Elevator, Exercise Room, Party/Meeting Room, Rooftop Deck/Garden

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 13, 2025
ListedActive
$924,900
1 day on market
history photo preview38
Listing by trreb®
Property listed by SAGE REAL ESTATE LIMITED, Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

31 days

2023

22 days

2022

14 days

New Listings

Past 30 days

282 listings

Compared to

2024

326 listings

2023

181 listings

2022

235 listings

Units sold

Past 30 days

53 units

Compared to

2024

75 units

2023

95 units

2022

95 units

Median Sold Price

Past 30 days

$700,000

Compared to

2024

$727,000

2023

$707,000

2022

$770,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Transportation Scores

Estimated Budget