505 Richmond St #414, Toronto, Ontario M5V 0P4

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$839,900
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$1,300/sqft

Monthly cost

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CMA Subject Property

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+96

Properties sold*

$680K

Median sold price*

*Based on last 30 days

Description

Set within the landmark Waterworks Residences, Suite 414 offers a serene urban retreat above St. Andrew's Park. This 1+1 bedroom, 1 bathroom layout combines just under 700 square feet of interior living with a 112 square-foot northwest-facing terrace, an elegant expression of downtown livability. Ten-foot ceilings, floor-to-ceiling windows, and motorized blinds draw natural light deep into the home, while lighter finishes enhance openness and flow. At its centre, a custom Cecconi Simone kitchen anchors the open-concept plan, featuring Dekton surfaces, full-height millwork, and integrated appliances that unite form and function with quiet precision. The primary bedroom is proportioned for comfort, offering his-and-hers closets and a three-piece semi-ensuite finished in stone and glass. The enclosed den, privately positioned near the entry, transitions naturally into a guest suite or workspace, reflecting the versatility of contemporary living.The northwest terrace extends the living space outdoors, ideal for late-day sun and evening gatherings. Additional features include in-suite laundry, one parking space, and a private locker, offering practical convenience within a refined setting.Residents enjoy access to a state-of-the-art YMCA with 25-metre pool and fitness centre, rooftop terraces, private dining and lounge spaces, and the celebrated Food Hall Toronto within the restored Great Hall. Moments from Queen West, Spadina, and the Financial Core, Suite 414 captures the balance of design, light, and heritage that defines Waterworks.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12522256
Community NameEntertainment District
Data SourceTRREB
Listing byCHESTNUT PARK REAL ESTATE LIMITED

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

3.48 x 3.3

W/O To Terrace / Large Window / hardwood floor

Kitchen

3.3 x 3.28

Centre Island / B/I Appliances / hardwood floor

Primary

3.2 x 3.15

His/Hers Closets / Semi Ensuite / hardwood floor

2nd Br

3.15 x 2.03

Pot Lights / hardwood floor


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Amenities

Concierge, Gym, Party/Meeting Room, Recreation Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Date unavailable
ListedActive
$839,900
< 1h on market
history photo preview42
Listing by trreb®

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

38 days

Compared to

2024

31 days

2023

26 days

2022

24 days

New Listings

Past 30 days

200 listings

Compared to

2024

224 listings

2023

242 listings

2022

164 listings

Units sold

Past 30 days

60 units

Compared to

2024

96 units

2023

56 units

2022

75 units

Median Sold Price

Past 30 days

$723,500

Compared to

2024

$680,000

2023

$688,000

2022

$695,000


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

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