Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 83 days on market

$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

Minimum for this price: $58,990 (7.02%)

Amortization, years

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
Total, before legal fees
$194,526
Talk to me about financing

Estimates 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

505 Richmond Street W 714, Toronto, ON M5V 0P4 Waterfront Communities C1, Toronto, ON M5V 0P4
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$839,900 505 Richmond Street W 714, Toronto, ON M5V 0P4
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