Lobby for 505 Richmond St #1201, Toronto Ontario M5V 0P4
Re-listed 36 days ago

505 Richmond St #1201, Toronto, Ontario M5V 0P4

In the same building:
-
Condo
1 + 1
1
~700-799 sqft
$•••,•••
$869,000
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Condo
1 + 1
1
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,164/sqft

Est. Mortgage$3,732/mo

Tax Amount (2024)$3,650/yr

Maintenance fees$712/mo

Days On Market36 days

Total Days On Market165 days


Description

Experience a Rare opportunity to own a coveted piece of Torontos history in the iconic Waterworks Building. Originally a 1930s utility building, this boutique condominium is perfectly positioned between King West and Queen West, just steps from the city's best dining, shopping, and amenities.This stunning unit offers ++Parking++, breathtaking city views including the CN Tower and an ultra-stylish lobby. The open-concept layout features a glass bedroom wall for enhanced natural light, a sleek modern kitchen with integrated appliances, a centre island, high ceilings, and pot lights. The spacious den with a sliding door is perfect as a home office or a small bedroom. Enjoy a private, south-facing balcony with stunning city views. This building also offers A rooftop terrace and garden, plus unbeatable access to Waterworks Food Hall and Toronto's finest restaurants, nightlife, parks, shopping, and entertainment.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12043425
Community NameEntertainment District
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

3.2 x 3.1

Centre Island / Modern Kitchen

Primary

3.12 x 2.68

5 Pc Ensuite / Closet

Den

3.56 x 1.9

Sliding Doors

Living

3.6 x 3.26

W/O To Balcony / South View / Open Concept


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


12Story
Elevator
Amenities

Concierge, Gym, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
36 days on market
history photo preview25
Listing by trreb®
Property listed by ROYAL LEPAGE SIGNATURE REALTY, 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

Estimated Budget