Unknown for 505 Richmond St #423, Toronto Ontario M5V 0P4
3 hours on Market

505 Richmond St #423, Toronto, Ontario M5V 0P4

In the same building:
-
Condo
1
1
~0-499 sqft
$599,900
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Condo
1
1
~0-499 sqft

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Highlights

Property Estimate

Days on market3 hours

Estimated valueNot available

Price/Sqft$601/sqft

Monthly cost

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Description

Experience the pinnacle of downtown luxury at WaterWorks Condos in the heart of the Fashion District! Most Desirable Neighborhood! Cozy 1 Bed unit featuring soaring 10-foot ceilings, rich hardwood flooring Hardwood Flooring Throughout, and expansive floor-to-ceiling windows flooding the space with natural light. Sleek Kitchen equipped with built-in appliances, quartz counters, and a central island. Step out to your private open-air balcony with North exposure. Unmatched building amenities include a state-of-the-art gym with YMCA access, a gorgeous rooftop terrace, 24-hour concierge, and Toronto's famous WaterWorks Food Hall right on the ground level. Steps to Queen West shopping, St. Andrew's Park, transit, and the Financial District.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC13588392
Community NameEntertainment District
Data SourceTRREB
Listing byVIP REALTY GROUP INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Br

0.0 x 0.0

Closet / Window

Bathroom

0.0 x 0.0

4 Pc Bath

Laundry

0.0 x 0.0

Breakfast

0.0 x 0.0

Combined W/Dining / Combined W/Family / W/O To Balcony


Features

Patio: Open
Balcony: Open

4Story
Elevator
Amenities

Bbqs Allowed, Bike Storage, Concierge, Exercise Room, Party/Meeting Room, Recreation Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 21, 2026
ListedActive
$599,900
3 hours on market
history photo preview30
Listing by trreb®
Property listed by VIP REALTY GROUP INC., 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

46 days

Compared to

2025

31 days

2024

29 days

2023

19 days

New Listings

Past 30 days

191 listings

Compared to

2025

271 listings

2024

291 listings

2023

241 listings

Units sold

Past 30 days

64 units

Compared to

2025

57 units

2024

71 units

2023

76 units

Median Sold Price

Past 30 days

$635,694

Compared to

2025

$610,000

2024

$700,000

2023

$750,000


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