Rented for:Rented Sep 5, 2025
$5,200

Unit 626, 505 Richmond Street W

Toronto (Waterfront Communities), ON M5V 0P4

Common Element Condo RentedNot available

Included in Rent: Building Insurance, Common Elements, Parking, Water

WaterWorks Condos exteriorWaterWorks Condos13 storeys, 299 suites, built 2020
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 1000–1199Sq Ft
  • Aug 14, 2025Available
  • In-Suite LaundryLaundry
  • MainFor Lease
  • Partially
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 626, 505 Richmond Street W, Toronto, Waterfront Communities

2025-08-14
2025-09-05
Rented
Price
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MLS#
c12345030

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 626, 505 Richmond Street W, Toronto, Waterfront Communities

Experience Elevated City Living at Waterworks -This one-of-a-kind builders corner suite in the award-winning Waterworks development combines luxury finishes, abundant natural light, and unmatched city and park views. Perfectly positioned above the newly opened YMCA and the acclaimed Waterworks Food Hall, it offers a lifestyle as vibrant as its surroundings. Inside, the split two-bedroom, two-bathroom floor plan is designed for both privacy and flow. The primary suite is a serene retreat, featuring a spa-inspired ensuite with a soaker tub, heated floors, and a walk-in closet. Floor-to-ceiling, wall-to-wall windows frame unobstructed southeast views over St. Andrews Park and the city skyline, while a 200 + sq. ft. balcony extends your living space outdoors. The kitchen is a showstopper with custom millwork, a 9-foot island, smooth ceilings, pot lights with dimmers, and thoughtful upgrades throughout. This is an entertainer's dream-host friends on your wraparound balcony, take advantage of the rooftop terrace with sweeping views, or relax in the resident's party room. With its exceptional location, premium finishes, and access to to-tier amenities, this suite offers a rare opportunity to live in one of the city's most celebrated addresses.

Key Facts & Features

Rental Details

Portion Of Property For Rent
Main
Furnished
Partially
Rent Term
12 Months
Payment Frequency
Monthly
Rental Deposit
Yes
Credit Check
Yes
Employment Letter
Yes
Rental Application
Yes
References Required
Yes

Included In Rent Fee

  • Building Insurance
  • Common Elements
  • Parking
  • Water

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, Countertop Range, Primary Bedroom - Main Floor
View
Park/Greenbelt, Skyline
Security Features
Security Guard, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

  • BBQs Allowed
  • Elevator
  • Exercise Room
  • Gym
  • Party Room/Meeting Room
  • Recreation Room

Building

Building Type
Common Element Condo
Building Style
Apartment
Condo Corp Number
2874

Construction

Exposure
South East
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
TV and floating shelf in living room as well as TV and sound bar in primary. King bed and headboard, sectional sofa, console table and light also available if desired (optional).

Exclusions

Exclusions
None.

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level, Window Floor to Ceiling, W/O To Balcony, Pot Lights
  • Dining Room—
    Main level, Window Floor to Ceiling, W/O To Balcony, SE View
  • Primary Bedroom—
    Main level, Walk-In Closet(s), Ensuite Bath, Heated Floor
  • Bedroom 2—
    Main level

Washrooms

  • 4-piece, Main
  • 2-piece, Main

Municipality
Toronto
Neighbourhood
Waterfront Communities
Main cross streets
Richmond and Spadina
Directions
Richmond and Spadina

MLS® number
C12345030
Data source
Toronto Regional Real Estate Board
Status change
2025-09-05
Listed on
2025-08-14
Days on market
22 days
Possession date
2025-08-14
Possession type
Immediate
Co-op commission
1/2 month's rent + HST
Listed by
CHESTNUT PARK REAL ESTATE LIMITED

Home Market Value

Current home valuation for Unit 626, 505 Richmond Street W, Toronto, Waterfront Communities, Toronto, ON. Listed for $5,200

HOMEH Estimate

?

$904,000

Estimated Sales Range

?

$714,160 - $1,093,840

HOMEH Estimate for Unit 626, 505 Richmond Street W, Toronto, Waterfront Communities

What this home would sell for today, not its rent

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$904,000Medium confidence
Based on 12 comparable properties

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Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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