$975,000
Est. payment $4,317/moCalculate yours
505 Richmond Street W 25, Toronto, ON M5V 0P4
Waterfront Communities C1, Toronto, ON M5V 0P4
- 2 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of ZOLO REALTY MLS® C13986698
About this home
A true two-bedroom at Waterworks - and a layout worth seeing. This thoughtfully designed split-bedroom suite offers two separate bedrooms, each with a south-facing window and its own full-size door, creating excellent privacy and separation.The bright, open living space enjoys an unobstructed south-facing view, bringing natural light and an exceptional sense of openness into the suite. The contemporary kitchen features integrated appliances, a generous island and ample workspace, flowing naturally into the living and dining area. Step outside to the 163 SF private terrace, a substantial extension of the living space with a gas hookup - perfect for outdoor dining, entertaining or simply enjoying the view. Set within the iconic Waterworks Residences, residents enjoy an exceptional downtown lifestyle with the renowned Waterworks Food Hall, YMCA, landscaped surroundings and a vibrant mix of restaurants, cafés, shopping, entertainment and culture just outside the door. Located in the heart of King West, with Queen West, the Financial District, transit and Toronto’s downtown core all within easy reach.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Fan Coil (Other)
- Cooling
- Central Air
- Exterior
- Brick, Concrete
Lot & Parking
- Parking
- Underground garage
Financial
- Property Taxes
- $4,389 (2026)
- Condo Fee
- $673/mo
- Fee Includes
- Common Elements Included, Building Insurance Included, CAC Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Waterfront Communities C1
- Cross Street
- Richmond St W / Maud St
Listing
- MLS® Number
- C13986698
- Days on Market
- 5
- Listed On
- 2026-10-13
- Possession
- 30-60 days
- Listed By
- ZOLO REALTY
Rooms
Features
Interior
- Built-In Oven
- Carpet Free
- Included
- Fridge, stove with oven, washer/dryer, dishwasher, microwave, all window coverings, all light fixtures, de-humidifier.
- Excluded
- None
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$4,317 per month
- Principal and interest
- $4,317
- Property tax
- $366
- Condo fees
- $673
- Estimated monthly cost
- $5,355
Your mortgage
- Mortgage amount
- $780,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $515,127
Cash to close
- Down payment
- $195,000
- Land transfer tax (Ontario + Toronto)
- $31,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $226,950
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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