A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 505 Richmond St #730, Toronto Ontario M5V 0P4
3 mins on Market

505 Richmond St #730, Toronto, Ontario M5V 0P4

In the same building:
-
Condo
1
1
~700-799 sqft
$749,000
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$7,490Cashback
Condo
1
1
~700-799 sqft

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Highlights

Property Estimate

Days on market3 mins

Estimated valueNot available

Price/Sqft$1,004/sqft

Monthly cost

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CMA Subject Property

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+76

Properties sold*

$690K

Median sold price*

*Based on last 30 days

Description

Step into history reimagined in this rare offering at the iconic Waterworks Building a 1930s Toronto landmark transformed into a luxury boutique residence in the heart of downtown. Nestled steps from the citys best restaurants, Queen West shopping, and vibrant entertainment, this stunning suite blends timeless character with high-end modern design. This upgraded unit features over $100K in custom enhancements, including Venetian plaster backsplash, wide-plank upgraded flooring, pot lights with dimmers throughout, integrated custom closets, sleek privacy film with a striking glass bedroom wall and a upgraded designer kitchen featuring top-tier integrated appliances and cabinetry that elevates everyday living. Enjoy sweeping views of the city skyline and lush park space from this pet-friendly building that boasts direct access to the Waterworks Food Hall, the coolest lobby in town, and luxury amenities including a fitness center, party room, and rooftop terrace. Locker included. Don't miss your chance to own a piece of Toronto history with contemporary flair!


Property Details

Style1 Storey/Apt
View-
Age of property0-5
SqFt~700-799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12249450
Community NameEntertainment District
Data SourceTRREB
Listing byTHE AGENCY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Br

3.35 x 3.35

Living

6.096 x 5.18

Bathroom

2.13 x 1.52


Features

Patio: Terr
Balcony: Terr

7Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 27, 2025
ListedActive
$749,000
< 1h on market
history photo preview27
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

35 days

Compared to

2024

25 days

2023

22 days

2022

14 days

New Listings

Past 30 days

305 listings

Compared to

2024

324 listings

2023

229 listings

2022

270 listings

Units sold

Past 30 days

45 units

Compared to

2024

76 units

2023

110 units

2022

95 units

Median Sold Price

Past 30 days

$630,000

Compared to

2024

$689,500

2023

$760,000

2022

$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