505 Richmond St #725, Toronto, Ontario M5V 0P4

In the same building:
-
Condo
2
2
~900-999 sqft
$1,240,000
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Condo
2
2
~900-999 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$1,309/sqft

Monthly cost

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Description

Welcome to Waterworks. Suite 725 offers 974 square feet of perfectly utilized interior space, plus a private balcony overlooking St. Andrew's Park. This bright, sun-filled 2-bedroom, 2-bathroom layout features zero wasted square footage, clean lines, and no awkward pillars. Floor-to-ceiling windows span the living area, framing unobstructed city views with a clear sight line to the CN Tower. The open-concept kitchen is loaded with integrated premium Miele appliances and built with a layout that actually works for hosting. Step outside onto the balcony to enjoy a quiet view right over the park canopy. Complete with 1 parking spot. Residents enjoy direct indoor access to the acclaimed Waterworks Food Hall and the on-site YMCA, with the absolute best of King and Queen West right outside your door.


Property Details

StyleApartment
ViewDowntown
Age of property0-5
SqFt~900-999 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC13169280
Community NameEntertainment District
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

3.8 x 4.7

Pot Lights / Window Flr to Ceil / W/O To Balcony

Dining

4.7 x 3.8

Pot Lights / Combined W/Dining / hardwood floor

Kitchen

4.7 x 3.8

B/I Shelves / Granite Counter / Breakfast Bar

Primary

5.9 x 2.8

Pot Lights / His/Hers Closets / 3 Pc Ensuite


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


7Story
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Date unavailable
ListedActive
$1,240,000
< 1h on market
history photo preview17
Listing by trreb®
Property listed by ROYAL LEPAGE SIGNATURE 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

33 days

Compared to

2025

34 days

2024

31 days

2023

22 days

New Listings

Past 30 days

225 listings

Compared to

2025

284 listings

2024

326 listings

2023

181 listings

Units sold

Past 30 days

66 units

Compared to

2025

59 units

2024

75 units

2023

95 units

Median Sold Price

Past 30 days

$627,500

Compared to

2025

$700,000

2024

$727,000

2023

$707,000


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