Unknown for 505 Richmond St #505, Toronto Ontario M5V 0P4

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

In the same building:
-
Condo
2
2
~1000-1199 sqft
$1,475,000
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$14,750Cashback
Condo
2
2
~1000-1199 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$1,353/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

Discover sophisticated urban living in this rare, over 1,000sqft corner unit offering 2 bedrooms, 2 bathrooms, parking, and a locker. Designed for both comfort and style, the suite boasts an exceptional layout with a stunning entertainer's kitchen fully outfitted with premium Miele appliances--perfect for hosting or everyday luxury. Expansive floor-to-ceiling windows wrap the suite, bathing every room in natural light while showcasing unobstructed south views, including a striking CN Tower view. Step outside to the upgraded balcony, featuring custom turf, and enjoy peaceful sightlines over St. Andrew's Park. Second bedroom wall has been removed, now used as dining room, can be converted back with ease. Situated in one of Toronto's most celebrated boutique buildings, residents enjoy top-tier amenities and the added convenience of the Waterworks Food Hall right at their doorstep. This is downtown living at its finest--modern, refined, and steps from the best of the city.


Property Details

StyleApartment
View-
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12559056
Community NameEntertainment District
Data SourceTRREB
Listing byPSR

Features

Heating: Forced Air
Cooling: Central Air

Foyer

0.0 x 0.0

hardwood floor / Closet / Pot Lights

Kitchen

0.0 x 0.0

Combined W/Living / B/I Appliances / Centre Island

Living

0.0 x 0.0

Combined W/Kitchen / O/Looks Park / W/O To Balcony

2nd Br

0.0 x 0.0

hardwood floor / Large Window / Closet


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


5Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Date unavailable
ListedActive
$1,475,000
< 1h on market
history photo preview30
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

Local Logic

Transportation Scores

Estimated Budget