Unit 25, 505 Richmond Street W
Toronto (Waterfront Communities), ON M5V 0P4
WaterWorks Condos13 storeys, 299 suites, built 2020- 2Bedrooms
- 2Bathrooms
- 0Parking
- 700–799Sq Ft
- $4,389Tax
- $673/moCondo Fee
Estimated Value:$842,209See Free Estimate Report
Sale & Price History for Unit 25, 505 Richmond Street W, Toronto, Waterfront Communities
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About Unit 25, 505 Richmond Street W, Toronto, Waterfront Communities
Summarized Description
- Thoughtfully designed split-bedroom layout for privacy.
- Bright open living space with unobstructed views.
- Contemporary kitchen with integrated appliances.
- 163 SF private terrace with gas hookup.
- Located in vibrant King West near amenities.
- Easy access to downtown and public transit.
- Natural light enhances the sense of openness.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,389
- Land Transfer Tax Fee
- $31,950
Condo/Maintenance Fee
- Maintenance Fee
- $673 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
- CAC Included
Rental Items
- Rental Equipment
- None
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Built-In Oven, Carpet Free
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Terrace
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Condo Corp Number
- 2874
Construction
- Exposure
- South
- Exterior Finish
- Brick, Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, stove with oven, washer/dryer, dishwasher, microwave, all window coverings, all light fixtures, de-humidifier.
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 0
- Parking Type
- None
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Lockers
- Locker Type
- Owned
- Locker Number
- 85
- Locker Level
- D
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Fan Coil
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room—Flat level, W/O To Terrace, South View
- Primary Bedroom—Flat level, 5 Pc Ensuite, B/I Closet, South View
- Kitchen—Flat level, Centre Island, B/I Appliances, Pantry
- Bedroom 2—Flat level, Large Window, Closet, South View
- Dining Room—Flat level, Centre Island, B/I Appliances, Pantry
Washrooms
- 5-piece, Flat
- 3-piece, Flat
- Municipality
- Toronto
- Neighbourhood
- Waterfront Communities
- Main cross streets
- Richmond St W / Maud St
- Directions
- Richmond and Maud
- MLS® number
- C13986698
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-13
- Updated on
- 2026-10-14
- Days on market
- 2 days
- Possession type
- Flexible
- Co-op commission
- $15,000 plus HST
- Seller
- Listed by
- ZOLO REALTY
Home Market Value
Current home valuation for Unit 25, 505 Richmond Street W, Toronto, Waterfront Communities, Toronto, ON. Listed for $975,000
HOMEH Estimate
$842,209
Estimated Sales Range
$665,345 - $1,019,073
HOMEH Estimate for Unit 25, 505 Richmond Street W, Toronto, Waterfront Communities
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $475,000 over $500K
$72,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $36,075 | $27,203 | $23,205 | $0 |
=Total mortgage | $937,950 | $904,703 | $851,955 | $780,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,580monthly | $4,417monthly | $4,160monthly | $3,808monthly |
Land Transfer Tax
$15,975
$15,975
$31,950
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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