$839,900
↓ $135,000 from $974,900
Est. payment $3,719/moCalculate yours
505 Richmond Street W 714, Toronto, ON M5V 0P4
Waterfront Communities C1, Toronto, ON M5V 0P4
- 2 Beds
- 2 Baths
- 800 Sq Ft
Listing courtesy of UNION CAPITAL REALTY MLS® C13609720
About this home
Rare opportunity to own an exceptional residence in the iconic Waterworks Residences, where timeless heritage architecture meets sophisticated modern luxury. This beautifully appointed two-bedroom suite showcases elegant finishes, soaring 9-foot ceilings, and an abundance of natural light streaming through an impressive wall of floor-to-ceiling windows, creating a bright and inviting atmosphere throughout.Designed with both style and functionality in mind, the thoughtfully crafted open-concept layout flows effortlessly from room to room, maximizing both comfort and everyday living. The contemporary kitchen is a chef’s dream, featuring integrated appliances, a generous centre island with ample workspace, and abundant counter space for cooking, entertaining, and gathering with family and friends. Step outside to your spacious private balcony-an ideal extension of your living space and the perfect setting to relax, unwind, or entertain while enjoying the vibrant downtown surroundings. Residents of Waterworks enjoy an unparalleled lifestyle with access to premium amenities, including a state-of-the-art YMCA fitness facility, spectacular rooftop amenities, and the renowned Waterworks Food Hall. Perfectly positioned in the heart of downtown Toronto, you’re just steps from the boutiques, acclaimed restaurants, cafés, and nightlife of Queen West and King West, with the Financial District, transit, and countless urban conveniences only moments away. *Some Photos Have Been Virtually Staged*
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- Price Change
- Size
- 800 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Concrete Poured
Lot & Parking
- Parking
- Underground garage
Financial
- Property Taxes
- $4,389 (2025)
- Condo Fee
- $733/mo
- Fee Includes
- Heat Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Waterfront Communities C1
- Cross Street
- Richmond St W / Brant St
Listing
- MLS® Number
- C13609720
- Days on Market
- 83
- Listed On
- 2026-07-27
- Listed By
- UNION CAPITAL REALTY
Features
Interior
- Carpet Free
- Included
- Property Sold As Is, Where Is, Without Representations or Warranties.
Mortgage calculator
Estimated mortgage payment
$3,719 per month
- Principal and interest
- $3,719
- Property tax
- $366
- Condo fees
- $733
- Estimated monthly cost
- $4,818
Your mortgage
- Mortgage amount
- $671,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $443,749
Cash to close
- Down payment
- $167,980
- Land transfer tax (Ontario + Toronto)
- $26,546
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $194,526
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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