Open concept kitchen, unknown for 505 Richmond St #419, Toronto Ontario M5V 1Y3
11 days on Market

505 Richmond St #419, Toronto, Ontario M5V 1Y3

In the same building:
-
Condo
2
2
~1000-1199 sqft
$1,899,000
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Condo
2
2
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,741/sqft

Est. Mortgage$8,155/mo

Maintenance fees$1026/mo

Tax Amount (2024)$5,551/yr

Days On Market11 days


Description

Experience the epitome of industrial-modern design at Waterworks! This one-of-a-kind entertainer's dream home, curated by Toronto's top interior design firm, Cecconi Simone, awaits. This exceptional 2-bedroom, 2-bathroom suite boasts a massive east-facing balcony, plus the rare convenience of two parking spaces and a locker. Soaring 10' ceilings and professionally customized finishes, including a bundant built-in storage, striking steel and glass doors, and full-height custom millwork, create a true masterpiece. The large kitchen island with storage and built-in wine fridge is perfect for hosting. Waterworks offers incredible amenities: concierge service, a pet spa, a gym with garden terrace access, a multi-room lounge, and a rooftop terrace. The highly anticipated Food Hall is now open, complementing the convenience of having Lee Restaurant in the building. A future YMCA with an indoor pool, along with the St. James playground and dog park nearby, further enhance this vibrant community. Prime King/Queen West location! Enjoy unparalleled access to the city's best dining & entertainment. Just a 5-min walk to the future Queen/Spadina subway. This exceptional designer residence book your showing today! Upgraded Throughout by Renown Toronto Interior Design Firm Cecconi Simone. See Feature sheet for list of upgrades


Property Details

StyleApartment
View-
Age of property0-5
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberC11967535
Community NameEntertainment District
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Main Floor

Kitchen

0.00 x 0.00

Marble Counter / Centre Island / B/I Appliances

Dining

0.00 x 0.00

Combined W/Kitchen / Glass Doors / B/I Bar

Family

0.00 x 0.00

B/I Bookcase / W/O To Terrace / Recessed Lights

Prim Bdrm

3.50 x 5.50

Walk-Thru / Overlook Patio / Walk-in Bath


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 2

Garage type Underground

Other parking spaces 0

Total parking spaces 2


4Story
Amenities

Bbqs Allowed

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 11, 2025
ListedActive
$1,899,000
11 days on market
history photo preview25
Listing by trreb®
Property listed by RE/MAX REALTRON REALTY INC., Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

29 days

2023

29 days

2022

13 days

New Listings

Past 30 days

494 listings

Compared to

2024

360 listings

2023

223 listings

2022

113 listings

Units sold

Past 30 days

35 units

Compared to

2024

59 units

2023

62 units

2022

147 units

Median Sold Price

Past 30 days

$679,000

Compared to

2024

$715,000

2023

$671,250

2022

$750,000


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