Unit 708, 505 Richmond Street W
Toronto (Waterfront Communities), ON M5V 0P4
WaterWorks Condos13 storeys, 299 suites, built 2020- 1Bedroom
- 1Bathroom
- 0Parking
- 500–599Sq Ft
- $2,707Tax
- $506/moCondo Fee
Estimated Value:$502,126See Free Estimate Report
Sale & Price History for Unit 708, 505 Richmond Street W, Toronto, Waterfront Communities
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About Unit 708, 505 Richmond Street W, Toronto, Waterfront Communities
Summarized Description
- Modern boutique building with historic charm.
- Stunning one-bedroom suite with west-facing views.
- Features a 72 sq/ft balcony off the living area.
- High ceilings and pot lights throughout the unit.
- Rooftop garden offers 360 views of downtown.
- Conveniently located near dining and shopping.
- Designed by award-winning Cecconi Simone.
- Food hall with high-end restaurants downstairs.
Welcome To Waterworks! Built On Top Of A 1930S Heritage Utility Building This Modern Boutique Building Combines Old Charm And Modern Design. This Stunning One Bedroom Suite Features West Facing Views, A 72 Sq/ft Balcony Off The Living Area, And A Locker, Sits Conveniently Btwn King And Queen West & Is Steps To Downtowns Finest Dining & Shopping. This Unit Boasts High, Smooth Ceilings, Pot Lights Throughout, Stainless Steel Appl. And Kitchen Island. Building Offers Amazing Facilities. First-Class Concierge, Gym, Large Party Room And One-Of-A-Kind Rooftop Garden, With 360 Downtown And CN Tower View, Food Hall Is Absolutely A Bonus To Have Downstairs With High-End Restaurants And Bars. Designed By Award Winning Cecconi Simone With The Finest Hardware And Finishes. Your Dream Location In Downtown Toronto!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,707
- Land Transfer Tax Fee
- $18,350
Condo/Maintenance Fee
- Maintenance Fee
- $506 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
- Water Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- None
- View
- City, Clear
- Security Features
- Concierge/Security
- Fireplace/Stove
- No
- Elevator
- Yes
Exterior Features
- Balcony
- Open
- Accessibility Features
- Elevator
Building Amenities
- Bike Storage
- Gym
- Party Room/Meeting Room
- Recreation Room
- Rooftop Deck/Garden
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Building Name
- Waterworks
- Condo Corp Number
- 2874
Construction
- Exposure
- West
- Exterior Finish
- Brick Front, Metal/Steel Siding
- Special Designation
- Unknown
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 Unit
- D-166
- Locker Number
- 166
- Locker Level
- D
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level, W/O To Balcony, Window Floor to Ceiling, Combined w/Kitchen
- Kitchen—Main level, Centre Island, Combined w/Living, Closet
- Foyer—Main level
- Primary Bedroom—Main level, Closet, Window Floor to Ceiling
- Bathroom—Main level, 4 Pc Bath
Washrooms
- 4-piece, Flat
- Municipality
- Toronto
- Neighbourhood
- Waterfront Communities
- Main cross streets
- Richmond & Brant
- Directions
- Richmond & Brant
- MLS® number
- C13818048
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-23
- Updated on
- 2026-09-28
- Days on market
- 22 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- BOSLEY REAL ESTATE LTD.
Home Market Value
Current home valuation for Unit 708, 505 Richmond Street W, Toronto, Waterfront Communities, Toronto, ON. Listed for $635,000
HOMEH Estimate
$502,126
Estimated Sales Range
$396,680 - $627,771
HOMEH Estimate for Unit 708, 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 $135,000 over $500K
$38,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $23,851 | $17,717 | $15,113 | $0 |
=Total mortgage | $620,116 | $589,217 | $554,863 | $508,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,028monthly | $2,877monthly | $2,709monthly | $2,480monthly |
Land Transfer Tax
$9,175
$9,175
$18,350
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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