$630,000
Est. payment $2,790/moCalculate yours
505 Richmond Street W 631, Toronto, ON M5V 1Y3
Waterfront Communities C1, Toronto, ON M5V 1Y3
- 1 Beds
- 1 Baths
- 0 Sq Ft
Listing courtesy of HOMELIFE LANDMARK REALTY INC. MLS® C14084244
About this home
Experience sophisticated downtown living at the iconic Waterworks Residences! Located in the heart of Toronto’s vibrant Fashion District, this stylish suite combines contemporary urban living with the charm of a beautifully restored heritage building. Enjoy an unbeatable location steps from St. Andrew’s Playground, Waterworks Food Hall, Queen West, King West, The Well, trendy restaurants, cafés, shopping, and public transit. Exceptional building amenities include a concierge, fitness centre, party room, visitor parking, and bicycle storage. Includes a separate owned storage locker. An excellent opportunity for investors, first-time buyers, or anyone seeking a convenient downtown lifestyle in one of Toronto’s most desirable neighbourhoods. Don’t miss this opportunity!
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Approximate Age
- 0-5
- Size
- 0-499 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
Lot & Parking
- Parking
- Underground garage
Financial
- Property Taxes
- $2,541 (2026)
- Condo Fee
- $483/mo
- Fee Includes
- Building Insurance Included, Common Elements Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Waterfront Communities C1
- Cross Street
- Richmond Street West & Brant Street, Toronto
Listing
- MLS® Number
- C14084244
- Days on Market
- 3
- Listed On
- 2026-10-15
- Possession
- TBA
- Listed By
- HOMELIFE LANDMARK REALTY INC.
Features
Interior
- Built-In Oven
Amenities
- Bike Storage
- Concierge
- Elevator
- Visitor Parking
- Shared Dock
- Party Room/Meeting Room
Mortgage calculator
Estimated mortgage payment
$2,790 per month
- Principal and interest
- $2,790
- Property tax
- $212
- Condo fees
- $483
- Estimated monthly cost
- $3,485
Your mortgage
- Mortgage amount
- $504,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $332,851
Cash to close
- Down payment
- $126,000
- Land transfer tax (Ontario + Toronto)
- $18,150
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $144,150
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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