Indoor foyer for 505 Richmond St #623, Toronto Ontario M5V 1Y3
7 hours on Market

505 Richmond St #623, Toronto, Ontario M5V 1Y3

In the same building:
-
Condo
2
1
~600-699 sqft
$839,000
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Condo
2
1
~600-699 sqft

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Highlights

Property Estimate

Days on market7 hours

Estimated valueNot available

Price/Sqft$1,299/sqft

Monthly cost

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Description

Overlooking St. Andrew's Park in the iconic Waterworks Residences, this thoughtfully designed two-bedroom suite blends heritage character with modern living. Bathed in natural light through expansive floor-to-ceiling windows, the home opens seamlessly onto a large private balcony with east-facing sunrise views, creating an airy indoor-outdoor feel that lives far beyond its footprint.Nine-foot ceilings, integrated appliances, and a generous chef's island define the space, complemented by new flooring and designer-selected fixtures and upgrades. Residents enjoy access to a state-of-the-art YMCA, rooftop amenities, and a vibrant food hall - just steps from Queen West, King West, and the Financial District.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC13045462
Community NameEntertainment District
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Primary

3.03 x 5.83

4 Pc Ensuite / carpet free / Closet Organizers

Bathroom

1.81 x 2.84

4 Pc Ensuite / Pocket Doors


Features

Patio: Open
Balcony: Open

6Story
Amenities

Bike Storage, Community BBQ, Concierge, Exercise Room, Party/Meeting Room, Rooftop Deck/Garden

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 26, 2026
ListedActive
$839,000
7 hours on market
history photo preview32
Listing by trreb®
Property listed by RIGHT AT HOME 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

41 days

Compared to

2025

32 days

2024

30 days

2023

22 days

New Listings

Past 30 days

210 listings

Compared to

2025

289 listings

2024

257 listings

2023

188 listings

Units sold

Past 30 days

56 units

Compared to

2025

65 units

2024

86 units

2023

86 units

Median Sold Price

Past 30 days

$702,350

Compared to

2025

$715,000

2024

$718,500

2023

$727,000


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