1 hour on Market

505 Richmond St #722, Toronto, Ontario M5V 0P4

In the same building:
-
Condo
1
1
~500-599 sqft
$670,000
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Condo
1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,229/sqft

Est. Mortgage$2,877/mo

Maintenance fees$512/mo

Tax Amount (2024)$2,611/yr

Days On Market1 hour


Description

Welcome To Waterworks Development Awarded 2023 Best New Built Community! 1932 Heritage Toronto Public Utilities Building. European Food Hall and Direct Access To Toronto's Newest YMCA & Revitalized St. Andrew's Park. Bright & Spacious 1 Br, 1We 9'0" Ceiling Unit W/Private Balcony & Views Of the Skyline. Modern Kitchen Boats Large Chef's Centre Island and Integrated Appliances, Upgraded Closet Organizer In Br & Potlights Throughout. Enjoy Your Private Terrace W/East CN Tower Views! Walking Distance To Everyday Essentials. Perfectly Perched In Queen West, Steps To Shops, Restaurants & Nightlife!


Property Details

StyleApartment
View-
Age of property0-5
SqFt~500-599 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11953459
Community NameEntertainment District
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Other
Cooling: Other

Main Floor

Kitchen

6.73 x 3.12

B/I Appliances / Modern Kitchen / Combined W/Living

Living

6.73 x 3.12

Combined W/Kitchen / Window Flr to Ceil / Laminate

Br

3.71 x 2.82

Closet Organizers / 3 Pc Ensuite / Pot Lights


Features

Patio: Open
Balcony: Open

7Story
Amenities

Bike Storage, Concierge, Exercise Room, Gym, Media Room, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 3, 2025
ListedActive
$670,000
1 hour on market
history photo preview19
Listing by trreb®
Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, 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

44 days

Compared to

2024

39 days

2023

33 days

2022

20 days

New Listings

Past 30 days

433 listings

Compared to

2024

294 listings

2023

211 listings

2022

78 listings

Units sold

Past 30 days

33 units

Compared to

2024

62 units

2023

45 units

2022

140 units

Median Sold Price

Past 30 days

$670,000

Compared to

2024

$707,000

2023

$685,000

2022

$725,000


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