1 day on Market

505 Richmond St #1213, Toronto, Ontario M5V 1Y3

In the same building:
-
Condo
2
2
~800-899 sqft
$999,000
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Condo
2
2
~800-899 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$1,180/sqft

Monthly cost

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Description

An exceptional opportunity at Waterworks, one of King West's most architecturally distinctive addresses. This beautifully appointed two-bedroom, two-bathroom suite offers an expansive, thoughtfully designed layout and a rare 200 sq. ft. northwest-facing terrace with unobstructed city views, a BBQ gas line, and no neighbouring unit directly above. The result is an uncommon sense of openness, privacy, and natural light, both indoors and out.The generous open-concept living and dining areas flow seamlessly onto the terrace, creating an ideal setting for everyday living and entertaining. A sophisticated kitchen with premium European appliances and a large centre island anchors the space. The primary bedroom features double closets and a beautifully appointed ensuite, while the second bedroom is conveniently positioned adjacent to the second full bathroom, offering flexibility for guests, family, or a home office.Complete with parking featuring EV wiring and a separate locker, this suite delivers both style and practicality. Residents enjoy direct access to the Waterworks Food Hall and YMCA, with St. Andrew's Playground Park, some of Toronto's best restaurants, independent boutiques, and the energy of King West just steps away. A unique offering that combines contemporary design, exceptional outdoor space, and the convenience of downtown living.


Property Details

StyleApartment
ViewCity
Age of property0-5
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC14092612
Community NameEntertainment District
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air

3rd Floor

Kitchen

3.98 x 2.34

Laminate / Modern Kitchen / Stainless Steel Appl


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


12Story
Amenities

Bbqs Allowed, Concierge, Gym, Party/Meeting Room, Rooftop Deck/Garden

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 19, 2026
ListedActive
$999,000
1 day on market
history photo preview40
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

36 days

Compared to

2025

40 days

2024

40 days

2023

25 days

New Listings

Past 30 days

169 listings

Compared to

2025

257 listings

2024

301 listings

2023

258 listings

Units sold

Past 30 days

25 units

Compared to

2025

74 units

2024

65 units

2023

53 units

Median Sold Price

Past 30 days

$631,000

Compared to

2025

$598,500

2024

$670,000

2023

$770,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

0 to 19
7%
20 to 34
57%
35 to 49
22%
50 to 64
9%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget